v3.26.1
Guarantee liabilities (Tables)
12 Months Ended
Dec. 31, 2025
Guarantee liabilities  
Schedule of activities of Group's obligations associated with the deferred guarantee income

As of

Fair value

As of

January 1,

of deferred guarantee income

Release of

December 31,

  ​ ​ ​

2023

  ​ ​ ​

at inception of new loans

  ​ ​ ​

deferred guarantee income

  ​ ​ ​

2023

RMB

RMB

RMB

RMB

Xiaoying Credit Loan

 

 

72,160,875

 

(25,563,732)

 

46,597,143

  ​ ​ ​

As of

  ​ ​ ​

Fair value

  ​ ​ ​

  ​ ​ ​

As of

January 1,

of deferred guarantee income

Release of

December 31, 

2024

at inception of new loans

deferred guarantee income

2024

RMB

RMB

RMB

RMB

Xiaoying Credit Loan

 

46,597,143

 

332,919,374

 

(214,792,005)

164,724,512

As of

Fair value

As of

January 1,

of deferred guarantee income

Release of

December 31, 

  ​ ​ ​

2025

  ​ ​ ​

at inception of new loans

  ​ ​ ​

deferred guarantee income

  ​ ​ ​

2025

RMB

RMB

RMB

RMB

Xiaoying Credit Loan

 

164,724,512

981,672,870

(678,767,939)

467,629,443

As of

Fair value

As of

January 1,

of deferred guarantee income

Release of

December 31,

2025

at inception of new loans

deferred guarantee income

2025

  ​ ​ ​

US$

  ​ ​ ​

US$

  ​ ​ ​

US$

  ​ ​ ​

US$

Xiaoying Credit Loan

 

23,555,292

 

140,377,353

 

(97,062,524)

 

66,870,121

Schedule of movement of contingent guarantee liabilities

As of

Provision for

As of

January 1,

contingent

December 31, 

  ​ ​ ​

2023

  ​ ​ ​

Net payout(1)

  ​ ​ ​

liability

  ​ ​ ​

2023

RMB

RMB

RMB

RMB

Xiaoying Credit Loan

(5,613,471)

67,519,980

61,906,509

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

As of

Provision for

As of

January 1,

contingent

December 31,

2024

Net payout(1)

liability

2024

 

RMB

  ​ ​ ​

RMB

  ​ ​ ​

RMB

  ​ ​ ​

RMB

Xiaoying Credit Loan

 

61,906,509

 

(116,003,939)

 

241,738,132

 

187,640,702

As of

Provision for

As of

January 1,

contingent

December 31, 

  ​ ​ ​

2025

  ​ ​ ​

Net payout(1)

  ​ ​ ​

liability

  ​ ​ ​

2025

RMB

RMB

RMB

RMB

Xiaoying Credit Loan

187,640,702

(440,606,972)

1,001,272,880

748,306,610

  ​ ​ ​

As of

Provision for

As of

January 1,

contingent

December 31, 

  ​ ​ ​

2025

  ​ ​ ​

Net payout (1)

  ​ ​ ​

liability

  ​ ​ ​

2025

US$

US$

US$

US$

Xiaoying Credit Loan

26,832,264

(63,005,960)

143,180,118

107,006,422

(1)Net payouts represent the amount paid to institutional funding partners upon borrowers’ default net of the amount subsequently recovered from the borrower.