Qifu Technology Stock Price, News & Analysis

Qifu Technology (NASDAQ: QFIN) and Beijing Jiaotong University have achieved a significant milestone with their research paper's acceptance at IJCAI 2025, a prestigious AI conference with a 19.3% acceptance rate. The paper introduces TRIDENT, an innovative framework that combines Multimodal Large Language Model (MLLM) embeddings and attribute smoothing for Compositional Zero-Shot Learning. The technology shows promising applications in fintech, particularly in: • Intelligent risk control: Analyzing multimodal data to detect fraud patterns more efficiently • Customer service: Enabling better understanding of complex user inquiries The framework addresses key challenges in AI, including background interference and limited semantic capture, demonstrating state-of-the-art performance across multiple datasets. This achievement reflects Qifu Technology's commitment to AI innovation and its strategic focus on R&D investment and academic collaborations.

Qifu Technology (NASDAQ: QFIN; HKEx: 3660), a leading AI-empowered Credit-Tech platform in China, has scheduled the release of its unaudited financial results for Q1 2025 after U.S. markets close on May 19, 2025. The management team will host an earnings conference call at 8:30 PM U.S. Eastern Time on May 19, 2025 (8:30 AM Beijing Time on May 20, 2025). Participants must pre-register online for the conference call, and a live and archived webcast will be available on the company's investor relations website.

Qifu Technology (NASDAQ: QFIN; HKEx: 3660) has successfully completed its offering of convertible senior notes worth US$690 million due 2030, including the full exercise of a US$90 million additional purchase option. The notes, offered to qualified institutional buyers under Rule 144A, will bear interest at 0.50% annually.

The company plans to use the proceeds for repurchasing ADSs and class A ordinary shares through a newly established March 2025 Share Repurchase Plan, supplementing their existing November 2024 plan. The initial conversion rate is 16.7475 ADSs per US$1,000 of notes, equivalent to US$59.71 per ADS.

The offering includes an immediate US$230 million ADS repurchase executed concurrently with the pricing, and is expected to be immediately accretive to 2025 earnings per ADS.

Qifu Technology (NASDAQ: QFIN) has announced the pricing of US$600 million convertible senior notes due 2030, with an option for purchasers to buy an additional US$90 million. The notes will bear a 0.50% annual interest rate and feature an initial conversion rate of 16.7475 ADSs per US$1,000, equivalent to US$59.71 per ADS.

The company plans to use the proceeds for a share repurchase program, including an immediate US$230 million Concurrent Repurchase of ADSs at US$44.23 per share. The notes will be convertible under specific conditions, with cash-par settlement upon conversion. The company will pay cash for the principal amount and may settle excess amounts in cash, ADSs, or a combination.

This offering, expected to close around March 27, 2025, is anticipated to be immediately accretive to 2025 earnings per ADS. The March 2025 Share Repurchase Plan will operate alongside the existing November 2024 repurchase plan.

Qifu Technology (NASDAQ: QFIN; HKEx: 3660), a leading AI-empowered Credit-Tech platform in China, has published its 2024 ESG Report on March 25, 2025. The report outlines the company's ESG guidelines, strategies, and targets for 2024, showcasing their commitment to:

• Environmental sustainability
• Social responsibility
• Corporate governance improvements

The company reaffirms its mission to enable better lives through safe, convenient, and inclusive financial services, leveraging technology to empower financial institutions.

Qifu Technology (NASDAQ: QFIN; HKEx: 3660), a leading AI-empowered Credit-Tech platform in China, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024. The report was filed with the U.S. Securities and Exchange Commission on March 25, 2025.

The annual report is accessible through the company's investor relations website at ir.qifu.tech and the SEC's website. Additionally, Qifu Technology has published a Hong Kong Annual Report in compliance with HKEx listing rules, containing substantially similar information as the Form 20-F. Both reports are available to shareholders, with hard copies provided upon request.

Qifu Technology (NASDAQ: QFIN) announced a proposed offering of US$600 million convertible senior notes due 2030, with an additional US$90 million option for initial purchasers. The notes will be offered exclusively to qualified institutional buyers under Rule 144A.

The company plans to use the proceeds for repurchasing American depositary shares (ADSs) and/or class A ordinary shares through a newly established March 2025 Share Repurchase Plan. The notes will mature on April 1, 2030, with holders having the option to require repurchase on April 3, 2028.

Key features include:

• Cash-par settlement upon conversion
• Company will pay cash for principal amount upon conversion
• Option to settle excess amounts in cash, ADSs, or combination
• Concurrent repurchase program to facilitate initial hedges
• Expected to be immediately accretive to 2025 earnings per ADS

Qifu Technology (NASDAQ: QFIN) has released its Q4 and full-year 2024 financial results. In Q4, the company achieved total net revenue of RMB4,482.3 million and net income of RMB1,912.7 million. The platform connected 162 financial partners and 261.2 million consumers, with cumulative borrowers reaching 34.4 million.

Key Q4 metrics include:

• Total loan facilitation volume: RMB89,885 million (+0.4% YoY)
• 90-day+ delinquency rate: 2.09%
• Repeat borrower contribution: 93.9%

For full-year 2024, total revenue reached RMB17,165.7 million, with net income of RMB6,248.1 million. The company's capital-light model, ICE, and technology solutions represented 58% of year-end loan balance, demonstrating strong platform services growth despite macro-economic challenges.

Qifu Technology (NASDAQ: QFIN; HKEx: 3660), a leading Credit-Tech platform in China, has scheduled the release of its unaudited financial results for the fourth quarter and full year 2024. The results will be announced before U.S. markets open on March 17, 2025.

The company's management team will host an earnings conference call at 7:30 AM U.S. Eastern Time (7:30 PM Beijing Time) on the same day. Participants must pre-register online to join the conference call. A live and archived webcast will be available on the company's Investor Relations website at ir.qifu.tech.