A：Jin Group facilitated RMB 30.2 billion in loan volume, a year-on-year increase of approximately 20.6%, and reported non GAAP income from operations of RMB 490 million, up around 138% year on year, achieving the previously issued guidance.

A：Jin Group maintained cooperation with 75 financial institutions and had another script under negotiation. The company was included in the wide list by most partner financial institutions, providing a solid foundation for a stable funding supply and enhancing funding partners' capital allocation efficiency.

A：Jin Group observed pressure on overall indicators and fluctuations in asset quality in response to industry consolidation and liquidity pressure. The company rapidly iterated risk control models, tightened strategies for high-risk, high-volatility users, and introduced a model combining long-term and short-term perspectives to enhance the flexibility and timeliness of risk monitoring.

A：Jin Group adopted a cautious strategy for new customer acquisition, focusing on high-quality borrower segments and leading Internet platforms. The company continued to optimize credit limit management to enhance user stickiness and facilitate repeat borrowing.

A：Jin Group's AI development entered a new phase with increased resource investment and organizational restructuring, achieving multiple significant innovations. The company focused on deploying multimodal anti-power systems and AI-powered agent systems, and by establishing a historical voiceprint database and a high-quality voice brand processing pipeline, it conducted real-time fraud identification for incoming calls.

A：The launch of the intelligent R&D platform significantly lowered the development threshold for AI agents, with the number exceeding 1,000. Additionally, the fuxi model management platform improved model deployment efficiency, reducing the time required for models to go from R&D to production from 32 days to 16 days.

A：Jin Group's Indonesian business maintained engagement with multiple financial institutions, driving business scale growth of nearly 2% year on year, and the number of borrowers rose by approximately 150% compared to the same period last year. The company significantly increased its investment in the local operator, acquiring a stake of more than 20% through capital injection to demonstrate its commitment to local market development.

A：Jin Group projects its loan facilitation volume at RMB 12 billion to RMB 14 billion for the quarter, with full year volume expected to be in the range of RMB 16 to 20 billion, representing a year-on-year increase of approximately 120% to 140%. The full year non GAAP operating profit guidance is set at RMB 16 billion to RMB 18 billion.

A：The financial highlights for the quarter include a loan facilitation volume of 32.2 billion RMB, an increase of 20.6% from the same period in 2024. Net revenue was 1,470.2 million RMB, representing an increase. Costs for facilitation and servicing were 286.5 million RMB, a decrease from the same period in 2024. There was also a decrease of 87.1% in allowance for uncabled, civil contract assets, loans receivable, and others, as well as a decrease of 1.1% in sales and marketing expenses. General administrative expense increased by 29%, and R&D expense increased due to higher employee compensation. Non-income from operations was 490.6 million RMB, compared to 2,326.5 million RMB in the same period of 2024. Consequently, the net income for the third quarter was 370.765 million RMB, a 39.7% increase from the same period of 2024. The basic and diluted net income per share was RMB 1.83 compared to RMB 1.27 in the third quarter of 2024.

A：The new regulation has led to significant industry pressure, particularly on pricing and consumer protection. The company has made timely adjustments to ensure compliance with the new regulation's advertising pricing requirements. In response to industry-wide pricing and liquidity pressure, the company has intensified its traffic acquisition adjustments, focusing on cross-industry platforms, and adopting a cautious customer acquisition strategy. For the existing portfolio, segmentation enhancements have been made to improve risk identification for higher-risk groups and to retain and re-engage high-quality borrowers who may potentially churn. These measures are aimed at optimizing the overall portfolio structure.

A：In the current environment, the company facilitated RMB 32.2 billion in volume in the third quarter with a net profit of RMB 147 million and a net margin of 25%. The margin increased from the 27% in the first three quarters. For the full year, the company expects profitability to be significantly higher than the previous year. The new regulation brought short-term pressure, but the company, as a highly agile and technology-driven entity, made prudent adjustments to its business scale, risk posture, and pricing strategy in response to market conditions. Over the long term, the implementation of the new regulation will raise industry barriers and drive the industry towards healthier, more orderly, compliant, and sustainable development. As the industry shifts towards high-quality power segments, pricing, revenue rate, and sustainable levels are expected to align with the company's enter of high-quality development. The company expects Q4 volume to reach RMB 23 to 25 billion, full-year facilitation volume to be RMB 127.8 to 129.298 billion, and full-year non-GAAP income from operations to grow approximately 52.3% to 57.6% year over year.