Recent Updates — QFIN
Qfin Holdings reported Q2 2026 net income of RMB401.4 million (US$59.2 million), down from RMB879.8 million in the prior quarter, driven by a non-recurring tax expense of approximately RMB500 million and lower loan facilitation volume which fell 25.1% year-over-year to RMB63.4 billion. Total net revenue declined to RMB3.57 billion as financing income and platform services fees decreased. The company declared a semi-annual dividend of US$0.46 per ADS (US$0.23 per Class A ordinary share), with a record date of September 9, 2026, and expected payment dates in late September and early October 2026. Additionally, the Board appointed Prof. Dong Lou as an independent director effective August 25, 2026. Qfin Holdings operates as an AI-empowered credit technology platform in China.