SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of disaggregation of revenue


				Year ended		Year ended		Year ended
				December 31,		December 31,		December 31,
				2023		2024		2025
				RMB		RMB		RMB
Credit driven services				11,738,560		11,719,027		13,977,218
Loan facilitation and servicing fees-capital heavy				1,667,119		1,016,514		1,604,903
Revenue from loan facilitation services		At a point in time		1,081,699		638,814		1,143,395
Revenue from post-facilitation services		Overtime		585,420		377,700		461,508
Financing income		Overtime		5,109,921		6,636,511		8,569,063
Revenue from releasing of guarantee liabilities		Overtime		4,745,898		3,695,017		3,412,952
Other services fees		At a point in time		215,622		370,985		390,300
Platform services				4,551,467		5,446,629		5,227,841
Loan facilitation and servicing fees-capital light				3,213,955		2,116,797		1,162,563
Revenue from loan facilitation services		At a point in time		2,096,085		1,246,541		683,929
Revenue from post-facilitation services		Overtime		1,117,870		870,256		478,634
Referral services fees		At a point in time		950,016		2,842,637		2,738,786
Other services fees		At a point in time/Overtime		387,496		487,195		1,326,492
Total net revenue				16,290,027		17,165,656		19,205,059

Schedule of estimated useful lives for property and equipment


Leasehold improvements		Over the shorter of the lease term or expected useful lives
Electronic equipment and software		3-10 years
Furniture and office equipment and others		3-5 years

Consolidated Trusts

Schedule of financial statements


		December 31, 2024		December 31, 2025
		RMB		RMB
ASSETS
Restricted cash		771,798		1,470,555
Loans receivable, net		6,956,948		12,399,462
Prepaid expenses and other assets		109,428		108,174
Loans receivable, net-noncurrent		631,575		1,754,356
Total Assets		8,469,749		15,732,547

		December 31, 2024		December 31, 2025
		RMB		RMB
LIABILITIES
Payable to investors of the consolidated trusts-current		8,188,454		9,922,559
Accrued expenses and other current liabilities		13,455		15,436
Other tax payable		50,719		—
Payable to investors of the consolidated trusts-noncurrent		5,719,600		9,930,000
Total liabilities		13,972,228		19,867,995


		Year ended		Year ended		Year ended
		December 31,		December 31,		December 31,
		2023		2024		2025
		RMB		RMB		RMB
Net revenue		2,350,404		2,470,358		3,035,144
Net income		948,139		1,121,050		1,156,539


		Year ended		Year ended		Year ended
		December 31,		December 31,		December 31,
		2023		2024		2025
		RMB		RMB		RMB
Net cash provided by operating activities		1,664,700		1,946,359		2,741,847
Net cash provided by (used in) investing activities		110,926		1,195,793		(8,193,363)
Net cash provided by financing activities		1,939,011		1,393,467		5,939,781