Qfin Holdings, Inc.

Ladies and gentlemen, thank you for standing by and welcome to the 2060 Digitech First Quarter 2021 Earnings Conference Call. Please also note today's event is being recorded. At this time, I would like to turn the conference call over to Ms. Mandy Dong, IR Director. Please go ahead, Mandy.

Thank you. Hello, everyone, and welcome to our First Quarter 2021 Earnings Conference Call. Our results were issued earlier today and can be found on our IR website. Joining me today are Mr. Wu Haisheng, our CEO and Director, Mr. Alex Ju, our CFO and Director, Mr. Zheng Yan, our CRO, Before we begin to prepare the remarks, I'd like to remind you of the company's safe harbor statement. Except for historical information, the material discussed here may contain forward-looking statements based on current plan estimates and projections. Therefore, you should not place undue reliance on them. Forward-looking statements involve incurring risk and uncertainty. We caution that a number of important factors could cause actual results to differ materially. For information about potential risk and uncertainty, please refer to company FEC filing. Also, this call includes discussion of certain non-GAAP measures. Please refer to our earnings release for reconciliation between non-GAAP and GAAP-1. Thus, unless otherwise stated, all figures mentioned are in RMB. I will now turn the call over to our Mr. Wu Haisheng, CEO of our company.

Hello, thank you, Mandy. Hello, everyone. I am very happy to share our performance this quarter. This is a quarter that surpasses our expectations in all aspects. We have continued to maintain the strong growth trend in the past few quarters. We have once again reached a new high in business. The combined return of QE in each quarter reached 7.41 billion yuan, which is 40% of the total growth rate. The first time the stock price broke 100 billion yuan, reaching 1019 billion yuan, which is 38% of the total growth rate. In terms of finance, our QE total revenue reached 3.6 billion RMB, which increased by 13% in the same year. Our Nangap net profit reached 1.4 billion RMB, which increased by 452% in the same year. With the gradual decline of our strategic measures and the obvious recovery of market demand, we expect this strong trend to continue.