As China’s largest online automobile finance transaction platform, Yixin Group Limited (2858.HK) is principally engaged in transaction platform business and self-operated financing business in China, with a cumulative trading volume of over 2.2 million units, and an aggregate transaction scale of approximately RMB200 billion by the first half of 2021. Leveraging its leading platform technologies and strong shareholder background including Tencent and JD.com, the Company accelerates the building of automobile consumption ecosystem. Yixin’s businesses cover more than 340 cities in China and connect over 26,000 business partners. The Company has been committed to providing consumers with more convenient, safe and efficient automobile financing services.
Empower every Chinese to "drive home, if you like"
We operate our business in two segments: transaction platform business and self-operated financing business.
1) The transaction platform business, which is comprised of: (i) loan facilitation services, we facilitate auto loans offered by auto finance partners to consumers, and primarily earn service fees from consumer borrowers or banks that have extended auto loans to consumers, and (ii) other platform services, including guarantee services, after-market services, etc, whereby we primarily earn service fees.
2) Self-operated financing business, which is comprised of: (i) financing lease services, whereby we primarily generate interest revenues from consumers, and (ii) other self-operated services, whereby we primarily generate rental revenues and automobiles sales revenues.