Lexin(LX) - 2020 Q2 - Earnings Call Presentation

Business Overview - Lexin has over 100 million registered users, focusing on new generation consumers[5] - The company facilitated RMB 752 billion in loan originations since its founding[12] - In the first half of 2020, Lexin's Fenqile platform achieved a GMV of RMB 26 billion[10] Customer Base and Credit - The average customer is 25 years old with an average credit limit of RMB 10,000 in Q2 2020[14] - Lexin had 68 million active customers in Q2 2020[14] - The average loan tenor was 114 months with a weighted average APR of 265% for Q2 2020[45] Financial Performance and Funding - In the first half of 2020, RMB 222 billion in loan originations were facilitated through Lehua Card[16] - Institutional funding accounted for 100% of new loans facilitated in 1H 2020[21] - As of 1H2020, approximately 2 million members in the installment membership program[16] Technology and Risk Management - The Lingxi AI Platform achieves an 856% recommendation success rate[25] - The Hawkeye Engine processes 998% of applications automatically[25]