2025-08-15 00:30Company Overview - Qfin Holdings is a leading AI-empowered credit-tech platform in China[14] - The company facilitated RMB 846 billion in loan volume in 2Q25, a 161% year-over-year increase[14] - Non-GAAP net income in 2Q25 was RMB 1849 million, a 315% year-over-year increase[14] - The platform has 602 million cumulative users with approved credit lines and 165 cumulative financial institution partners[14] Shareholder Value - Over US$1 billion worth of ADSs have been repurchased cumulatively[16] - Share count reduction through share repurchase plans is 227%[16] - The dividend per ADS for 1H25 is US$076[18] Business Model and Technology - The company primarily enables financial institutions with innovative technology solutions, focusing on convenient processes and personalized products[21] - The platform utilizes an AI-driven credit assessment engine (Argus) with over 680k data dimensions and 300+ model iterations[41] - AI is applied ubiquitously in business operations, including intelligent marketing, loan monitoring/collection, loan application/drawdown, and research and development[43, 44, 45] Financial Performance - Loan facilitation volume grew by 161% year-over-year, reaching RMB 846 billion in 2Q25[56] - Platform services contributed 414% to the loan facilitation volume[57] - Non-GAAP net income was RMB 1849 million in 2Q25[63]