Inclusive to improve people's livelihood, Xinying Technology will deliver a warm and heartfelt financial report by 2025.

Ask AI · How does Xiaoying Technology’s AI risk control improve asset quality?

Produced by｜China Feedback Network

Reviewed by｜Li Xiaoyan

On March 26, the U.S.-listed financial technology company Xiaoying Technology (XYF) officially released its unaudited financial results for the fourth quarter of 2025 and the full year. In a pivotal year marked by steady macroeconomic recovery and deep industry reshuffling, Xiaoying Technology delivered an annual report characterized by steady revenue, solid risk control, and standout value, under its core strategy of “empowering with technology, putting compliance first, and moving forward with responsibility”: net revenue of 7.6394 billion yuan for the full year and net profit of 1.4646 billion yuan; the total amount of loans facilitated and provided for the full year reached 130.52 billion yuan, and the loan balance at year-end stood at 50.451 billion yuan. Behind these results lies the company’s long-term commitment to advancing digital intelligence transformation, strengthening its risk barrier, and practicing the original intention of serving financial inclusion. It also underscores the resilience of financial technology firms forged in an environment of uncertainty.

Prudent operations build a solid development foundation, with growth in scale and quality moving in tandem

In 2025, China’s domestic economy continued to rebound under steady-growth policy support. Consumer activity and the vitality of micro and small businesses gradually resumed, bringing structural opportunities to the financial technology industry. Xiaoying Technology proactively adapted to the market’s pace, discarded the extensive expansion model, and, with the principle of “quality first and prudent growth,” achieved dynamic balance between operating scale and asset quality.

Judging from key financial indicators, the company’s full-year net revenue exceeded 7.6 billion yuan, showing steady growth compared with the previous years, and its profitability scale remained in the industry’s first tier. Net profit stayed above 1.4 billion yuan; against the backdrop of industry-wide pressure, it demonstrated strong earnings resilience. In terms of business scale, the company’s full-year facilitated loan total exceeded 130 billion yuan, with the highest single quarter surpassing 30 billion yuan. The loan balance at year-end remained stable above 50 billion yuan. The asset-liability structure continued to improve, liquidity reserves were sufficient, and a safety cushion was put in place to handle market volatility.

Xiaoying Technology’s CEO Li Kan said in the earnings report interpretation that in 2025 the company proactively strengthened its risk management system, optimized its collections strategies, and adjusted the cadence of capital deployment. The core goal was to maintain balance-sheet resilience and lay a foundation for steady performance in the medium term. This “retreat to advance” strategic choice is a typical snapshot of how financial technology companies shift from “scale-driven” to “quality-driven”—not chasing short-term growth blindly, but through refined operations ensuring every transaction can stand up to risk scrutiny, and every growth outcome is sustainable.

AI-and-digital risk control plus consumer protection as dual engines, building core competitive advantage in the industry

In the financial technology industry, technological capability has become the core moat that determines a company’s survival. In 2025, Xiaoying Technology continued to increase investment in cutting-edge technologies such as AI and big data, deeply embedding technological capabilities into risk control, consumer protection, and the entire service process, using “technology to build a shield” to safeguard business security and users’ rights and interests.

In the area of risk prevention and control, the company relied on its self-developed AI technology to create the WinPROT protection system, enabling intelligent risk control across the entire lifecycle from pre-loan, during-loan, to post-loan: accurately identifying fraud risks before lending, monitoring abnormal transactions in real time during lending, and intelligently optimizing collections strategies after lending—substantially improving risk disposal efficiency and accuracy. This system not only effectively reduced the level of non-performing loans, but also helped the company maintain overall stability in asset quality during the industry’s risk clean-out cycle, becoming the “stabilizer” that helps it cross cycles.

Regarding consumer rights protection, Xiaoying Technology innovatively launched the virtual digital human Win-Daidai, leveraging “precision of technology + emotional adaptability + breadth of scenario coverage” as its core advantages to deliver intelligent responses around the clock, 7×24. From anti-fraud education and business inquiries to complaint handling, Win-Daidai became a “digital bridge” connecting users and the platform—improving service efficiency while also making financial services more human-centered. At the same time, the company integrated consumer protection concepts into product design and end-to-end operations, established a multi-channel complaint response mechanism, and led the industry in both efficiency of handling user concerns and customer satisfaction.

Empowering with technology not only improves internal operational efficiency, but also allows Xiaoying Technology’s inclusive services to reach a broader range of people. By the end of 2025, the company had accumulated 20.17 million active borrowers. From 2020 through the end of 2025, it had cumulatively served more than 9.7 million micro and small enterprise owners and individual business owners, covering 31 provinces, autonomous regions, and municipalities nationwide—truly delivering the “lifeblood” of digital finance to the last mile of the real economy.

Focusing on micro and small businesses and new urban residents, supporting the real economy with warm financial services

The essence of finance is serving the real economy. In 2025, Xiaoying Technology closely followed national policy directions of “boosting consumption and stabilizing micro and small businesses,” continuously targeting inclusive groups such as individual business owners, micro and small enterprise owners, and new urban residents. It rolled out special initiatives such as the “Make It Your Own Light · Small Shop Spark Plan,” addressing the pain points of micro and small entities—“hard to finance, slow to finance, and expensive to finance”—with lightweight and convenient financial services.

Unlike the service model of traditional financial institutions, Xiaoying Technology uses digital technology to provide fully digitized services with “online application, intelligent approval, and fast disbursement,” greatly lowering the financing threshold and time costs for micro and small entities. From street-side small shops to entrepreneurship workshops, from individual merchants to micro and small enterprises, the company provides tailored financial solutions for micro and small entities at different development stages through precise profiling and flexible credit granting—helping them run steadily, promote entrepreneurship, and create jobs.

Data show that in 2025 the proportion of micro and small business operations continued to increase. Among micro and small customers served, more than 80% were groups who obtained formal financial services for the first time. This “targeted drip-in” style inclusive service not only injects vitality into the real economy, but also enables Xiaoying Technology to earn user trust and strong market reputation while fulfilling social responsibility, forming a virtuous cycle of “serving micro and small businesses—value growth—giving back to the real economy.”

Fulfillment of public-interest responsibilities demonstrates accountability, strengthening the foundation for sustainable development

“Acting for Xiaoying, my heart is aimed at great goodness.” In 2025, Xiaoying Technology integrated social responsibility into its corporate development strategy and implemented multiple public-interest projects at home and abroad, delivering the development concept that “commercial value and social value coexist” through concrete actions.

Abroad, three schools—including the Kenya Xiaoying DBSA Primary School supported by the Xiaoying Public Welfare Foundation—have officially been put into use, providing a safe learning environment for more than 600 children locally and building bridges for friendly exchanges between China and other countries through educational public welfare. In China, the Jiangxi Xunwu Xiaoying Public Welfare Library operates under a “school-led + village and township participation” model, radiating surrounding 15 village communities and becoming a “knowledge refueling station” for rural revitalization. In addition, the “reading + education” public welfare project in Chongqing combines standardized services with local needs, helping to build an education ecosystem for children right at home.

These public welfare practices not only convey the company’s warmth, but also have become an important support for Xiaoying Technology to strengthen its resilience for sustainable development. Today, as ESG concepts increasingly become industry consensus, Xiaoying Technology uses a three-dimensional development model of “tech empowerment + compliant operations + responsible commitment,” achieving a two-way convergence between business performance and social value, providing a reference sample for the high-quality development of financial technology firms.

Staying committed to the long-term approach, empowering high-quality development of the real economy with digital intelligence capabilities

At the new starting point of 2026, the financial technology industry still faces dual challenges: uncertainty in the market and deeper regulatory oversight. Xiaoying Technology’s CEO Li Kan stated that in the future the company will continue focusing on asset quality, prudent growth, and sufficient liquidity, closely following policy guidance, deepening integrated development between financial institutions and micro and small enterprises, and continuously improving measures for protecting consumer rights.

In the short term, the company will further optimize its risk control system, improve asset quality, and maintain financial soundness. In the long term, Xiaoying Technology will continue to increase technology investment and promote deep application of technologies such as AI and big data in inclusive finance, risk prevention and control, and user services, injecting sustained momentum into high-quality development of the real economy through digital intelligence capabilities.

The 2025 financial report is a phased summary of Xiaoying Technology’s deep commitment to tech empowerment, its adherence to compliance bottom lines, and its practice of the original aspiration of serving financial inclusion. It is also a new starting point on its path toward high-quality development. During a critical stage in which the financial technology industry moves from disorderly growth to regulated development, Xiaoying Technology, with “soundness, responsibility, and innovation” as its underlying color, not only builds a solid foundation for its own development, but also sets an industry benchmark of “technology for good and steady progress toward the long term.” Looking ahead, as digital economy and real economy deepen their integration, Xiaoying Technology is expected to leverage its technological advantages, compliance capabilities, and sense of responsibility to write an even more exciting chapter of development on the path of serving the real economy and promoting common prosperity.