VCREDIT (02003) announced its interim results for the six months ended June 30, 2025, reporting total revenue of RMB 2.5 billion, representing a 43.8% year-on-year increase. Net profit reached RMB 216 million, marking a substantial 79.5% growth compared to the same period last year. Earnings per share stood at RMB 0.44, while the company declared an interim dividend of HK 5 cents.

During the first half of 2025, the company facilitated loans totaling RMB 38.0 billion in mainland China. Despite gradual manifestation of macroeconomic policy effects, the economic landscape has not fully recovered. In response, the company strengthened risk management controls and adjusted its operational strategy to reduce borrower credit risk, minimize asset impairment, and implement cost control measures to enhance operational efficiency.

Throughout the period, VCREDIT systematically upgraded its risk control framework and optimized its customer portfolio structure, shifting focus toward higher-quality borrowers. The company simultaneously launched a series of strategic initiatives to enhance business resilience.

VCREDIT deepened partnerships with multiple leading quality platforms, piloted new data sources targeting premium borrowers, and strategically increased approval rates for this demographic. These efforts aim to build a robust sample base of high-quality borrowers and continuously iterate credit strategies and risk models accordingly.

Additionally, the company invested substantial resources to reduce customer complaint rates to historic lows, establishing a solid foundation for sustainable operations. While short-term strategic investments led to modest increases in early-stage risk indicators, the company's ability to identify and serve quality customers continues to strengthen as user data accumulates. This creates a stable, long-term foundation for continuously optimizing asset quality in the future.