Question · Q3 2025
Jianqing Zhu asked about the measures the company has taken to address the current uncertain regulatory situation and its key priorities for future development.
Answer
CEO Tiezheng Li emphasized FinVolution's 18 years of experience navigating market cycles, detailing preemptive actions in China such as prioritizing quality, upgrading the borrower base, raising underwriting standards, and adjusting user acquisition spend, which led to a 12% QoQ decrease in sales and marketing expense. He also highlighted the strong foundation and profitability of the international business, which contributed 25% of group revenue, and reiterated the strategic target of 50% international business by 2030.
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