Qifu Technology. Inc ADR Class A(QFIN.US) released its first quarter performance in 2026: Technology focuses on improving user experience and providing high-standard services to the real economy.

On May 27th, Chinese financial technology company Qudian Technology (Nasdaq: QFIN; HKEX: 3660) announced its unaudited financial report for the first quarter of 2026. Qudian Technology has always regarded "user experience, stability, and high quality" as the foundation of its operations, strengthening technology, focusing on service upgrades, and achieving the goal of "better service, lighter assets, higher quality, and greater efficiency." By the end of the first quarter of 2026, Qudian Technology had provided digital lending services to over 64.8 million credit users. Loans totaled 65 billion RMB in the first quarter, and asset quality continued to improve. Additionally, the AI-powered financial technology business continued to grow rapidly, with Qudian Technology's business in the first quarter of 2026 increasing by 700% year-on-year. To drive the upgrade of AI-native organizations and achieve higher quality service entities With a clear orientation towards improving compliance in the financial industry and fine-tuning control for high-quality development, the company has used AI integration applications to optimize microfinance services and upgrade organizational structures to enhance overall operational capabilities. Aligning with the direction outlined in the "Notice on Doing Well in Small and Micro Enterprise Financial Services in 2026," microfinance is transitioning from being "driven by scale" to being "driven by quality and efficiency." The company leverages AI and big data capabilities to accurately reach and match the financing needs of operating entities. In the first quarter, 16.35 million micro-operators and 25.7 million implicit micro-operators were identified, with 220,000 and 370,000 new users added, respectively. New micro users accounted for 29.3%, expanding service coverage effectively. By leveraging large model feature mining and multimodal data fusion capabilities, the risk control and conversion system continued to be optimized, with the approval rate in the first quarter increasing by 1.95 percentage points month-on-month and the risk level decreasing by 0.8 percentage points. Combining smart algorithms to customize and adapt credit products, optimizing terms and pricing rules, and solidly implementing inclusive financial services. Benchmarking the requirements for high-quality development in the financial technology industry, the company focused on upgrading to AI-native organizations in the first quarter and utilized business experience and historical data to transform them into intelligent knowledge bases. This empowered risk control, product, and operational capabilities and enhanced the quality of decision-making and professionalism across departments, effectively adapting to industry compliance requirements and complex business development needs. For example, the company's research and development team's per capita delivery efficiency increased by 65% in 2026, exceeding industry averages. The top 20% of engineers were using millions of tokens daily, placing them among the top tier of the domestic internet industry in terms of engineering maturity. In terms of technology systems, the company's self-developed multi-agent framework had completed controllable execution path verification, and the development model had transitioned from traditional Spec-Driven Development to Harness Engineering centered around orbiting and strategic constraints. In the future, quantifiable ROI will be used as a deep engineering benchmark to continuously strengthen overall technological barriers. FocusPRO accelerates output, achieving multidimensional breakthroughs in financial technology business in terms of product, technology, and scale. In the first quarter, Qudian Technology continued to accelerate its financial technology output business, with Qudian Shuke helping partner banks achieve a loan volume of 99.5 billion RMB, a year-on-year increase of approximately 700%. This rapid development was facilitated by the FocusPRO numerical intelligence solution at the core, establishing an integrated technical output system of intelligent products, industry standards, and ecological cooperation. At the product and commercialization level, Qudian Shuke fully integrated AI capabilities into the FocusPRO numerical intelligence solution, continuously improving operational efficiency and risk control accuracy. The company provided an AI credit officer product to a listed bank in East China, which was fully utilized in various business segments such as retail, micro, and corporate banking, effectively integrating AI capabilities into the bank's core business processes. Based on practical experience in real business scenarios, the company has been exporting AI evaluation standards to the industry. In addition to existing evaluation benchmarks, the new video evaluation task FCMBench-Video-V1.0 was introduced, upgrading credit AI from static recognition to dynamic judgment. This benchmark evaluates the ability of large models to understand videos and dynamic risk control, providing a reference for financial institutions to select AI products. At the ecological cooperation level, the company has been consistently expanding collaboration in the financial AI industry. Qudian Shuke, as a core technical partner, officially joined the Alibaba Cloud Financial AI Alliance and will leverage the FocusPRO product system to collaborate with Alibaba Cloud and ecosystem partners, facilitating the intelligent transformation of the banking industry. Serving users with high standards, deepening charity assistance, and practicing diverse social responsibilities Qudian Technology continues to adhere to social values and continuously improve service standards through technological advancements, by providing training for user satisfaction skills, iterating product features to meet user needs, and maintaining user satisfaction at over 99% annually. While maintaining steady operations, Qudian Technology is committed to practicing corporate social responsibility by implementing various inclusive public welfare projects. The company recently released its 2025 ESG report, focusing on its achievements in inclusive assistance and green finance for the entire year: assisting financial institutions in providing loans totaling 104.09 billion RMB to small and micro-enterprises and 10.11 billion RMB in loans to the agricultural sector, serving a total of 4.119 million rural users. Furthermore, by focusing on green finance, the company has assisted financial institutions in providing loans totaling 24.51 billion RMB to environmental enterprises and 37.05 billion RMB to owners of new energy vehicles, promoting low-carbon consumption and industrial green transformation. In terms of public welfare, in addition to implementing multiple industrial assistance projects in Yunnan, Fujian, Qinghai, and other regions, the company is exploring deepening charity efforts by focusing on specific areas and promoting the upgrade of rural industries. Following the launch of the Volcano Livestream Charity Project in Ulanqab, Inner Mongolia last year, the company signed a framework agreement with the Chaha'er Right-wing Rear Banner People's Government to support the construction of a cheese town research and development center, continuously supporting the high-quality development of local characteristic agriculture and animal husbandry. Additionally, the company closely follows financial policy guidance and emphasizes the efficient internalization of the latest compliance requirements throughout the entire operational process. In May 2026, the company started its annual compliance publicity month activity as scheduled, continuously integrating compliance concepts throughout the entire business process, solidifying the foundation of enterprise standardized operations. In 2026, Qudian Technology will continue to closely follow national financial regulatory policies and industry requirements for high-quality development, adhere to the bottom line of compliance operations, and uphold the principles of prudent and stable business operations. By focusing on the upgrade of AI-native technologies as a core strategy, the company will continue to deepen its involvement in the microfinance sector. Leveraging mature financial technology output capabilities, the company will support partner financial institutions in their intelligent transformation and upgrade, empowering the financial industry for continuous high-quality, standardized, and sustainable development.