The Zhitong Finance App learned that on August 19, Yixin Group (02858, hereinafter referred to as “Yi Xin”) disclosed preliminary interim results for 2026. The report shows that in the first half of the year, against the backdrop of overall pressure on the automobile industry, the company demonstrated strong countercyclical risk resistance with a sound business strategy and technological empowerment advantages, and achieved both improvement in business scale and operational quality. During the period, Yixin Auto's financing transactions volume was 428,000, up 17.7% year on year, and financing transactions reached 37 billion yuan (RMB, same below), up 13.2% year on year; core indicators such as total revenue and adjusted net profit all increased by more than double digits year on year. Among them, the fintech sector performed well as a core business engine, contributing to a financing volume of 26.3 billion yuan, an increase of 72.2% over the previous year.
Business scale bucked the trend, and revenue and profit increased simultaneously
Currently, the domestic automobile industry is still undergoing a period of deep adjustment. According to statistics from the China Association of Automobile Manufacturers and the China Automobile Dealers Association, total sales of passenger cars (including new cars and used cars) in China fell 4.4% year on year in the first half of the year. At the same time, as regulations become stricter and compliance requirements are strengthened, the “Matthew effect” in the auto finance industry is becoming more prominent, and market share continues to be concentrated on platform companies with advantages in terms of capital, channels, technology, and risk control.
In this context, Yi Xin insisted on steady development, continued to consolidate core business capabilities, and achieved contrarian growth in business performance. According to the data, the company reached 428,000 auto financing transactions in the first half of the year, up 17.7% year on year; financing transactions increased 13.2% year on year to 37 billion yuan.
Among them, the volume of used car financing transactions increased 23% year on year to 273,000; corresponding financing transactions reached 19.9 billion yuan, up 9.3% year on year, accounting for about 54% of total automobile financing, and the business structure was further optimized.
This achievement is due to Yi Xin's continuous implementation of differentiated competitive strategies. In the used car business, the company has continuously deepened its channel layout, expanded coverage for long-tail customers, optimized service processes and implemented accurate risk pricing, and continuously increased customer conversion rates on the premise of ensuring that risks are manageable. Yi Xin said that although the used car market remained roughly flat year over year in the first half of the year, the company is optimistic about the long-term growth potential of this sector.
The growth and structural optimization of the core business directly contributed to a sharp rise in the company's revenue and profit. According to the report, in the first half of the year, Yi Xin achieved total revenue of about 6.2 billion yuan, an increase of 13.3% year on year; net profit of about 704 million yuan, an increase of 28.2% over the same period last year; adjusted net profit increased 31.2% year on year to about 850 million yuan.
Fintech continues to increase rapidly, and AI empowers remarkable results
As a strategic pillar of the company, the fintech (SaaS) business continued its rapid growth trend in the first half of the year and became the core growth pole driving overall performance. During the period, revenue from the business increased 59.5% year on year to nearly 3 billion yuan; the amount of financing facilitated through the Jinke platform reached 26.3 billion yuan, an increase of 72.2% year on year. By the end of June this year, the Yixin Jinke Platform had established partnerships with about 80 financial institutions, further increasing the diversity of platform solutions and market penetration. Yi Xin said in the report that as the industry shifts from being “scale-driven” to placing equal emphasis on efficiency and compliance, the value of fintech solutions in improving transaction efficiency and optimizing risk management has become more prominent.
The rapid growth of Jinke's business is based on Yixin's continuous strengthening of technological innovation. In the first half of the year, Yi Xin continued to deepen the end-to-end integrated application of AI across the entire operation link. Relying on the self-developed Agentic large model matrix and Agentic AI Harness engineering framework, its intelligent capabilities have covered core aspects such as telemarketing, application processing, risk management, customer service and asset management, significantly improving operational efficiency and service quality. During the period, 90% of Yi Xin's business processes were independently driven by Auto Finance Agentic AI, and operational efficiency increased by 45.4%.
In addition, Yi Xin's layout in overseas markets has also made substantial progress. In the first half of 2026, the company continued to expand its overseas footprint with Southeast Asia as its strategic focus. The amount of international business financing reached about US$150 million during the period. It has stabilized at the top of local non-bank auto finance service providers in Singapore and Malaysia, and plans to gradually expand to new markets such as Thailand in the second half of the year. The revenue contribution of overseas business is expected to increase further.
Looking forward to the future, Yi Xin said that he will continue to uphold an active and prudent business philosophy, continue to deepen AI practices, rely on advantages such as technology, risk control and channels, steadily expand market share on the premise of safeguarding asset quality, and strive to create strong annual results.