Jiayin Group Inc. Announces Entry into Loan Facility
Rhea-AI Summary
Jiayin Group (NASDAQ:JFIN) announced that its indirect wholly‑owned subsidiary Jirongzhicheng entered a loan facility agreement on November 6, 2025 with lenders to provide up to RMB600 million in multiple tranches available for drawdown until December 31, 2025. The facility bears interest equal to the over‑five‑year loan prime rate (currently 3.5% pa) and matures on November 11, 2032.
To secure the facility, Jirongzhicheng agreed to mortgage certain commercial property, and its parent Geerong Yunke pledged 100% equity interest in Jirongzhicheng; Geerong Yunke and a consolidated variable interest entity agreed to guaranties. The company intends to use proceeds for general working capital.
Positive
- Loan facility up to RMB600 million
- Fixed maturity date on Nov 11, 2032
- Interest tied to over‑five‑year LPR (currently 3.5% pa)
Negative
- Commercial property mortgaged as collateral
- 100% equity pledge of Jirongzhicheng by parent company
- Parent and VIE guarantees create contingent liabilities
News Market Reaction 1 Alert
On the day this news was published, JFIN declined 1.93%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
SHANGHAI, China, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced that its indirect wholly-owned subsidiary, Shanghai Jirongzhicheng Enterprise Development Co., Ltd. (“Jirongzhicheng”), entered into a loan facility agreement with certain financial institutions (the “Lenders”) on November 6, 2025, pursuant to which the Lenders agreed to provide a loan facility (the “Loan Facility”) of up to RMB600 million that can be drawn down by Jirongzhicheng in multiple tranches from time to time until December 31, 2025. The Loan Facility has an interest rate per annum equal to over-five-year loan prime rate, which is currently
To secure the Loan Facility, Jirongzhicheng has agreed to mortgage certain commercial property it owns to the Lenders, and its parent, Geerong Yunke Information Technology Co., Ltd. (“Geerong Yunke”), has agreed to pledge its
About Jiayin Group Inc.
Jiayin Group Inc. is a leading fintech platform in China committed to facilitating effective, transparent, secure and fast connections between underserved individual borrowers and financial institutions. The origin of the business of the Company can be traced back to 2011. The Company operates a highly secure and open platform with a comprehensive risk management system and a proprietary and effective risk assessment model which employs advanced big data analytics and sophisticated algorithms to accurately assess the risk profiles of potential borrowers. For more information, please visit https://ir.jiayintech.cn/.
Forward-Looking Statements
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements in this press release include, but are not limited to, the completion of the purchase and the future use of the Commercial Property. Forward-looking statements involve inherent risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. Potential risks and uncertainties include, but are not limited to, those relating to the Company’s ability to retain existing investors and borrowers and attract new investors and borrowers in an effective and cost-efficient way, the Company’s ability to increase the investment volume and loan facilitation volume of loans facilitated through its marketplace, effectiveness of the Company’s credit assessment model and risk management system, PRC laws and regulations relating to the online individual finance industry in China, general economic conditions in China, and the Company’s ability to meet the standards necessary to maintain listing of its ADSs on the Nasdaq Stock Market or other stock exchange. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced by the Company is included in the Company’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F.
For investor and media inquiries, please contact:
Jiayin Group
Ms. Emily Lu
Email: ir@jiayinfintech.cn
FAQ
What amount and term did Jiayin (JFIN) secure in the November 6, 2025 loan facility?
When can Jiayin (JFIN) draw down the RMB600 million loan facility?
What interest rate applies to Jiayin's (JFIN) new loan facility?
What collateral and guarantees secure Jiayin's (JFIN) loan facility?
How does Jiayin (JFIN) plan to use proceeds from the loan facility?
