YIXIN Group Limited reported solid first-quarter performance for the three months ended 31 March 2026, contrasting sharply with China’s soft auto market, where combined new- and used-car sales fell 4.5% year on year and new-energy-vehicle (NEV) sales declined 21.1%.
YIXIN financed approximately 226,000 automobile transactions during the period, lifting total financing volume 27.9% year on year to RMB19.60 billion. Used-car financing rose 31.3% to RMB11.20 billion, increasing its share of total financing to 57.1%.
NEV financing reached RMB4.80 billion. Within that figure, used-NEV financing expanded 76.3% year on year to RMB1.60 billion, representing 24.4% of total NEV financing versus 22.2% a year earlier.
The Group’s FinTech (SaaS) platform facilitated RMB14.20 billion in financing, a 132.8% surge from the prior-year quarter, supported by four newly launched cooperative projects that strengthened network effects.
Progress on the Group’s AI strategy shifted from a “model-centric” to a “system-centric” approach. Pre-loan Agentic AI now autonomously drives 65% of relevant processes, and a three-tier “Harness” governance framework—Human Harness, Agentic Harness and Data Harness—ensures auditability and regulatory compliance.
Overseas activity maintained rapid momentum: financing volume totalled USD62.00 million, roughly tripling year on year, and the international dealership network expanded to about 1,000 partners as of 31 March 2026.
Management emphasised that all figures are derived from unaudited management accounts and may differ from future audited statements; shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.
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