LexinFintech Holdings Ltd., a prominent technology-empowered personal financial service enabler in China, reported its unaudited financial results for the first quarter of 2025, which ended on March 31. The company achieved a net income exceeding RMB430 million, marking a 19% increase compared to the previous quarter and a 113% rise year-over-year. The net profit take rate advanced by 27 basis points to 1.58%, calculated as net income divided by the average loan balance. These results were supported by sustained improvements in asset quality and a reduction in funding costs. Lexin's CEO, Mr. Jay Wenjie Xiao, highlighted the success of the company's transformation towards a model driven by data analytics, risk management, and refined operations. CFO Mr. James Zheng pointed out that the quarter's financial results represent another key milestone in the company's net income target. Looking forward, LexinFintech expects significant year-over-year growth in net income for the full year 2025, driven by continued improvements in asset quality. However, the company remains cautious due to ongoing macroeconomic uncertainties and may adjust its performance outlook as needed. Lexin plans to focus on customer-centric approaches, enhancing customer experience, boosting competitiveness, and driving technological innovation, particularly in AI applications, to ensure long-term resilience and competitiveness.