X Financial reported second quarter 2026 unaudited financial results showing a sharp contraction in business activity. Total net revenue fell 56.3% year-over-year to RMB993.6 million, while net income dropped 91.1% to RMB47.0 million. The company facilitated and originated RMB11.63 billion in loans, a 70.2% decline from the prior year period, driven by conservative underwriting standards. Total outstanding loan balance decreased 61.5% year-over-year to RMB24.97 billion. Despite lower volumes, operating margin improved sequentially to 19.6%. The Board declared a semi-annual dividend of US$0.28 per ADS, payable on September 28, 2026, to shareholders of record as of September 10, 2026. X Financial operates in the fintech industry, facilitating and originating consumer loans through its digital platform.

X Financial announced a leadership change on June 17, 2026. The filing serves as a formal notification of changes within the company's executive management team. X Financial is a financial services company operating in China.