Hua Rong's questions to Jiayin Group Inc (JFIN) leadership • Q1 2025
Question
Hua Rong of Jin Yu Asset inquired about the industry-wide trend of rising customer acquisition costs, its impact on Jiayin Group, and the associated measures to manage credit risk for new borrowers. He also asked about the company's strategy to address potential ADR delisting risks.
Answer
Sam Lee, Head of Investor Relations, acknowledged that higher acquisition costs were a strategic choice driven by market competition and a push for user base expansion. He stated that the company is enhancing front-end risk modeling and using AI to manage asset quality. Regarding delisting risk, Mr. Lee noted that while the near-term risk is low, Jiayin is proactively preparing for alternatives, including a potential Hong Kong listing, to safeguard shareholder interests.