Qfin Holdings, Inc.

Ladies and gentlemen, thank you for standing by and welcome to the 360 Digitech first quarter 2020 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 2022 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 Xu, our CFO and director, and Mr. Zheng Yan, our CIO. Before we begin the proposed remarks, I'd like to remind you of our safe harbor statement in our earnings press release, which also applies to this call. We may refer to forward-looking statements based on our current plans, estimates, and projections. Also, this call includes discussions of certain non-GAAP measures. Please refer to our earnings release for our conciliation between non-GAAP and GAAP-1. Last, unless otherwise stated, all figures mentioned are in RMB. I will now turn the call over to our CEO, Mr. Wu Haisheng.

Hello, everyone. I am very happy to share with you the performance of our first quarter. In the second year of the first quarter, we reached 9.88 billion yuan in total, which increased by 33% and increased by 2%. We reached 14.67 billion yuan in the second quarter, which increased by 44% and decreased by 3%. Hello, everyone. I'm very happy to report a strong start to 2022. In Q1, total loan origination and facilitation volume reached RMB 98.8 billion,