Jiayin Group Inc. (NASDAQ: JFIN) saw its stock surge 11.18% in pre-market trading on Wednesday following the release of its impressive first-quarter 2025 financial results. The Chinese fintech platform demonstrated robust growth across key metrics, significantly outperforming market expectations.

The company reported a staggering 97.5% increase in net income, reaching RMB539.5 million (US$74.3 million) compared to RMB273.1 million in the same period last year. Revenue also showed strong growth, rising 20.4% year-over-year to RMB1,775.6 million (US$244.7 million). This performance was driven by a 58.2% increase in loan facilitation volume, which reached RMB35.6 billion (US$4.9 billion).

Yan Dinggui, Jiayin Group's Founder, Director, and CEO, commented on the results: "We sustained our strong growth momentum in the first quarter of 2025 and delivered solid financial results in line with our expectations as we navigated through a dynamic macroeconomic environment." He added that the company is focusing on its loan facilitation business, expanding institutional partnerships, and improving credit performance, positioning it well for long-term growth. The company also continues to advance its application of AI-driven tools across its core business, which is expected to drive further value.

Looking ahead, Jiayin Group provided optimistic guidance for the full year 2025, expecting loan facilitation volume to be in the range of RMB137 billion to RMB142 billion. The company's board also approved an extension of its share repurchase plan until June 2026, signaling confidence in its future performance. These factors combined have likely contributed to the significant pre-market stock price surge, as investors react positively to the company's strong performance and future outlook.