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from financial leasing to loan assistance: yixin group's transformation path

2024-09-05

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source: china interview network observation

recently, the "2024 forbes china fintech influential enterprise selection" hosted by forbes china was released. yixin group was selected into the "top 50 chinese fintech influential enterprises" list for its outstanding performance and performance growth capabilities in the field of financial technology.

according to the 2024 semi-annual report, yixin group achieved operating income of 4.5 billion yuan during the reporting period, a year-on-year increase of 57%; net profit increased by 54% year-on-year to 410 million yuan, and adjusted net profit was 507 million yuan, a year-on-year increase of 23%. among them, the trading platform business achieved operating income of 3.501 billion yuan, a year-on-year increase of 64%. among the trading platform services, saas services grew the fastest, increasing by 867% year-on-year to 835 million yuan, accounting for 19% of total revenue.

according to yixin group, through saas services, the company helps financial institutions strengthen risk control capabilities and product experience in auto financing business. during the reporting period, the company has facilitated transactions worth rmb 9.7 billion through the saas model. perhaps it is the success of the saas business that has attracted the attention of forbes china to yixin group.