Welcome to our dedicated page for X Financial SEC filings (Ticker: XYF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
X Financial's SEC filings document its reporting as a Cayman Islands foreign private issuer with American depositary shares listed under XYF. Form 6-K reports furnish unaudited quarterly and annual financial results, including loan facilitation and origination volume, outstanding loan balances, transaction counts, active borrower measures, delinquency rates, revenue, profitability, credit provisions, and business outlook disclosures.
The company's filings also cover Form 20-F annual reporting, annual general meeting notices, shareholder meeting procedures for Class A and Class B ordinary shares and ADS holders, board-approved executive appointments, exhibit press releases, and governance disclosures tied to its China-based online personal finance platform and institutional funding partner model.
X Financial director Wan Zheng reported selling 180,000 Class A ordinary shares, including shares represented by ADS, in open-market transactions. The sales occurred on June 15, 2026 at prices of $5.18 and $5.29 per share. Following these trades, Zheng directly holds 90,000 Class A ordinary shares and a restricted stock unit award linked to 90,000 underlying Class A ordinary shares with a $0.00 exercise price and expiration on June 1, 2034.
X Financial is making a leadership change in its risk management team. Chief Risk Officer Yufan Jiang has resigned effective July 1, 2026 for personal reasons, and the company states his departure is not due to any disagreement with its operations, policies, or procedures.
On the same date, Kan Li will become Acting Chief Risk Officer while continuing as President and Director. Li has been President since May 2021, a Director since December 2021, and previously served as the company’s Chief Risk Officer from 2017 to 2023, providing continuity in oversight of loan risk and broader risk controls.
XYF (Form 144): A notice lists 30,000 ADSs associated with Tiger Brokers (NZ) Limited and shows monetary and date fields including $151,500.00 and an effective date of 06/15/2026. The excerpt also records two Director Equity Compensation Award entries of 15,000 ADSs dated 06/01/2025 and 06/01/2026 for board service.
X Financial director Wan Zheng reported a share conversion involving restricted stock units. On the reported date, a derivative security was converted into 90,000 Class A ordinary shares, including shares represented by ADS, at $0.00 per share, classified as a derivative conversion.
Following this transaction, Wan Zheng directly owned 180,000 Class A ordinary shares, including shares represented by ADS. In addition, a restricted stock unit position remained outstanding, linked to 90,000 underlying Class A ordinary shares with an expiration date in 2034.
X Financial reported much weaker results for the first quarter of 2026 as it sharply tightened lending. Total net revenue fell to RMB1,176.1 million, down 39.3% year-over-year, while net income dropped 91.7% to RMB37.9 million.
The company facilitated and originated RMB14.6 billion of loans, 58.4% lower than a year earlier, and active borrowers fell 60.6% to about 956,520 as it focused on higher-quality origination. Asset quality mixed: the 31–60 day delinquency rate improved sequentially to 2.61%, but the 91–180 day rate worsened to 9.95%.
Profitability compressed, with operating margin at 12.0% and net profit margin at 3.2%. Non-GAAP adjusted net income was RMB81.2 million. Despite the downturn, the balance sheet remained solid, with total cash (including restricted) of about RMB2.37 billion and an equity-to-assets ratio near 57.1% as of March 31, 2026.
X Financial director Wan Zheng has filed an initial ownership report showing holdings tied to the company’s Class A ordinary shares. The filing lists 90,000 Class A ordinary shares, including shares represented by ADS, associated with restricted stock units (RSUs) as of 2026-03-18.
The RSUs reference 90,000 underlying Class A ordinary shares with a stated exercise price of $0.0000 per share and an expiration date of June 1, 2034. This Form 3 does not show any recent purchases or sales; it establishes Wan Zheng’s starting equity position as a director.
X Financial director Xue Zheng filed an initial Form 3 showing existing equity holdings in the company. The filing reports direct ownership of 409,998 Class A ordinary shares, including shares represented by ADS. It also lists two restricted stock unit awards, each tied to 90,000 underlying Class A shares at a zero exercise price with expiration in 2034.
X Financial reported the initial holdings of Chief Risk Officer jiang yufan on a Form 3. The filing shows direct ownership of 1,112,484 Class A ordinary shares, including shares represented by ADS. It also lists two RSU awards that can convert to 50,004 and 49,998 Class A ordinary shares at an exercise price of $0.0000 per share, both expiring in 2034. These entries reflect existing positions rather than new purchases or sales.
X Financial filed an initial ownership report for Chief Financial Officer Zheng Fuya (Frank). He directly holds 549,990 Class A ordinary shares, including shares represented by ADS. He also holds RSUs covering 25,014 underlying shares exercisable on January 10, 2028 and 24,996 underlying shares exercisable on January 10, 2027, all with a zero exercise price.
X Financial amendment to a Schedule 13G/A reports that the filing is being made on behalf of Nexus Special Situations Fund SPC and Fung Yu Wai David and that neither Reporting Person beneficially owns any Class A Ordinary Shares. The statement lists 0 shares and 0% ownership and includes CUSIP 98372W202.