On March 18, Chinese fintech company Qifu Technology (Nasdaq: QFIN; HKEX: 3660) released its unaudited financial results for the fourth quarter and full year of 2025. The credit industry underwent a new round of structural reshaping in 2025. Qifu Technology actively adapted to policies, prioritizing compliant operations and risk management. Concurrently, sustained investment in technology served as a stabilizing anchor during this adjustment period, enabling the company to achieve improved quality and efficiency in its financial services amidst a complex market environment throughout the year. By the end of 2025, Qifu Technology had partnered with 167 financial institutions and cumulatively provided digital credit services to over 63 million credit users. Loan facilitation in the fourth quarter reached RMB 70.3 billion, with optimized risk metrics for new loans. Furthermore, the company's AI-centric fintech solutions business experienced rapid growth. Through collaboration with several banks, Qifu Technology's output business saw a year-on-year increase of 448% for the full year, emerging as a key driver of diversified growth.

In serving the real economy, Qifu Technology utilizes AI to identify the genuine financial needs of small and micro-enterprise (SME) users, offering more suitable credit products to ensure financial resources are accurately directed to those in need. The company's AI-powered SME identification system verifies business operator status through multi-dimensional data modeling. By the end of 2025, the platform had cumulatively identified 41.46 million various SME operators, including unregistered but stably operating entities, with 277,000 new identifications in the fourth quarter alone. By precisely identifying these operators and analyzing their capital usage cycles, the platform provides appropriate financial products at critical junctures, significantly enhancing service accessibility and timeliness. For risk control within the SME segment, the company employs large models to automatically capture non-linear correlations missed by traditional models, accurately assessing potential credit risks and repayment capacity. The model was iterated over ten times throughout the year. Leveraging this technology, the credit approval rate for the SME segment was 19.8% higher than the overall average, while risk was reduced by 8.6%. Data shows that in the fourth quarter, 25.7% of newly approved SME customers made multiple draws after receiving credit, demonstrating that precisely tailored services effectively translate into tangible financial support for SME operations.

The ongoing transfer of technological capabilities, honed from serving individuals and SMEs, to financial institutions to aid their forward-looking development is a core mission for Qifu Technology. The company's two core AI agents have been deployed across multiple scenarios and received high recognition from partners. The AI Loan Officer, utilizing multi-modal technology, automatically reviews materials submitted by account managers, providing real-time prompts for correction and optimization, significantly improving the first-pass rate. Its accuracy in identifying substantive risks during business loan reviews has exceeded 90%. The AI Marketer focuses on the sales and service end, providing comprehensive intelligent support to frontline account managers. At one partner bank, this product significantly enhanced individual efficiency, enabling a single manager to effectively handle 200-300 qualified leads. In terms of business performance, the Qifu Technology FocusPro solution, designed to support banks' independent risk control and core capability building, helped partner banks achieve a year-on-year increase in loan facilitation of approximately 448% in 2025, with the outstanding balance reaching RMB 11.8 billion by year-end, marking a new level of operational scale. In January of this year, the company, in collaboration with an academic research team, released and open-sourced FCMBench, China's first multi-modal large model evaluation benchmark specifically for financial credit scenarios. Built on real, desensitized business data, this benchmark provides an objective standard for financial institutions to assess credit-focused large models, promoting greater standardization and transparency in the industry's AI applications.

Qifu Technology consistently prioritizes protecting user rights and maintaining financial market order. In consumer protection, the company issued its 2025 Consumer Rights Protection Report. It upgraded its intelligent customer service system, which served an average of 123,500 users daily with a user satisfaction rate of 99.1%. Over the year, AI-driven anti-fraud alerts were issued 123,000 times, successfully preventing potential fraud for 14,800 users and averting approximately RMB 130 million in losses. Regarding financial malfeasance, the company intensified technical countermeasures and collaborative governance. In 2025, data models identified and intervened in over 120,000 cases involving malicious actors, leading to a 54% reduction in related complaints. The company actively supported police operations, contributing to 12 cases being filed or accepted, with 6 concluded and 253 members of illicit networks apprehended. Simultaneously, Qifu Technology leveraged its technological strength to support rural revitalization. In November last year, the Ulanqab Volcano Cloud Broadcast E-commerce Center, supported by the company, was inaugurated in Chahar Right Rear Banner, Inner Mongolia, aiming to broaden agricultural sales channels through live-streaming e-commerce and digital platforms, thereby fostering local industrial upgrading and rural development.

As the financial technology sector enters a critical transformation phase focused on quality improvement at the start of the 15th Five-Year Plan period, Qifu Technology aims to accelerate the development of a model for high-quality industry growth through its "Technology-Driven + Compliance-Foundation" approach. The company strives not only to be an innovator in industry technology but also a practitioner in serving the real economy and safeguarding financial security, a demonstrator of compliant operations, and a dedicated contributor to achieving the 15th Five-Year Plan goal of "building an inclusive, safe, and efficient modern financial system." Looking internationally, the company plans to initiate active exploration and trials in multiple overseas markets in 2026, accelerating its global footprint. By leveraging its mature AI credit technology experience from China, Qifu Technology seeks to expand its business boundaries, uncover new opportunities for global development, and strengthen China's voice in the formulation of global fintech standards.