Jiayin Group Inc.

of the non-GAAP financial measures to GAAP financial measures. Please note that unless otherwise stated, all figures mentioned during the conference call are in Chinese RMB. With that, let me now turn the call over to our CEO, Mr. Yan Dinggui. Mr. Yan will deliver his remarks in Chinese, and I will follow up with corresponding English translations.

Please go ahead, Mr. Yan. Good afternoon, everyone. Thank you for joining Giant Group's Third Quarter 2025 Earnings Conference Call. Combined with the recent signal from the policy of monitoring, the growth rate of consumer spending and financial recovery is at the same level, creating a positive environment for the long-term health and sustainable development of the industry. In this period, the company's pre-contracted trading volume is 3.22 billion yuan, with a growth rate of 20.6%. Non-GAAP net profit is 4.9 billion yuan, with a growth rate of about 50.3%, reaching a pre-set value of 1 billion yuan.

In the third quarter, China's GDP grew by 4.8% year on year, slowing from 5.2% in the previous quarter, but remaining stable overall. Consumption continued to play a dominant role, contributing 56.6% to growth. Meanwhile, demand for consumer finance has been rising steadily, with a narrow consumer credit balance up 4.2% year on year as of September 30th. Signals from the recent regulatory policies indicate that Coordinated efforts to stabilize growth, food consumption, and advance inclusive finance are creating a favorable environment for long-term healthy and sustainable development of the industry. In this quarter, the company facilitated RMB $32.2 billion in loan volume, a year-on-year increase of approximately 20.6%, and reported non-GAAP income from operation of RMB $490 million. up around 50.3% year-on-year, achieving our previously issued guidance.