Hannah Han's questions to Qudian (QD) leadership • Q2 2021
Question
Hannah Han from BOCOM International inquired about the company's perspective on the potential 24% interest rate cap guidance and requested an update on the development and future plans for the WLM KIDS education business.
Answer
Sissi Zhu, VP of Investor Relations, addressed the questions. Regarding the interest rate cap, she stated the company views it as window guidance for licensed institutions and will maintain its current rates below 36% until formal regulations are enforced. For the WLM KIDS business, Zhu reported that 3 centers are now open with 37 more in the pipeline, and the first center has already achieved its monthly break-even point ahead of schedule, though its financial impact remains immaterial.