X Financial has reported strong financial results for the first quarter of 2025, with a significant increase in revenue and net income. The company's revenue rose by 60% year-over-year, reaching RMB1.94 billion. Net income was reported at RMB458 million. The net income per basic ADS was RMB10.92, reflecting a 46.8% increase compared to the same period last year. In terms of business outlook, X Financial anticipates that the total loan amount facilitated and originated in the second quarter of 2025 will be between RMB37.5 billion and RMB39.5 billion. This projection suggests continued strong demand and consistent execution following a robust first quarter, where the company facilitated RMB35.1 billion in loans, marking a 63% year-over-year growth. The company's return on equity improved to approximately 25.5%, up from 24.1% in the prior-year quarter. Additionally, improvements in credit quality were observed, as delinquency rates for loans 31-60 days and 91-180 days past due declined by 22% and 37% year-over-year, respectively. These improvements underscore X Financial's effective risk management strategies, even amid higher loan volumes.