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[Brokerage Focus] Zhongtai International: YIXIN (02858) sees increases in financing volume and scale in the third quarter, with steady growth in the used car Business.
Jinwu Financial News | China Thailand International Research points out that YIXIN (02858) is the largest Internet Plus-Related auto financial Trade platform in China. The company's revenue mainly comes from service fees for loans facilitated on the auto trading platform, as well as self-operated financing Business. Shareholders include strategic investors such as Tencent and JD.com. The company utilizes Tencent and JD.com’s credit data and system support to acquire Consumer information and enhance Crediting analysis capabilities. According to the company’s announcement, by the third quarter of 2024, the total financing Trade scale facilitated by the company reached 18.5 billion yuan, a year-on-year increase of 4.5%. During the period, the total number of auto financing Trades grew to 192,000.
Yixin (02858) signed a strategic cooperation agreement with Contemporary Amperex Technology's wholly-owned subsidiary, Times Electric.
Recently, the domestic professional auto CNI Xiangmi Lake Fintech Index platform YIXIN (02858, hereinafter referred to as "YIXIN") signed a Global Strategy cooperation agreement with Contemporary Amperex Technology's wholly-owned subsidiary, Times Electric Technology Co., Ltd. (hereinafter referred to as "Times Electric Technology").
A Piece Of The Puzzle Missing From Yixin Group Limited's (HKG:2858) 25% Share Price Climb
yixin (2858.HK): electric vehicles and cni xiangmi lake fintech index are advancing side by side, showing strong growth potential.
The intrinsic value of Yixin is expected to be further released.
Hong Kong Stock Exchange Windfall | Yixin Group's third quarter total financing amount reached 18.5 billion yuan, significant growth in fintech business.
Yixin Group (02858) achieved a total financing amount of 18.5 billion yuan in the third quarter, with significant growth in fintech business; China Xlx Fert (01866): The 0.06 million tons formaldehyde project has been completed and entered the trial production phase.
Yixin Group Posts 5% Growth in Loan Deals for Q3
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