Lexin Reports Q3 Financial Results with Resilient Ecosystem Business

LexinFintech reported Q3 revenue of CNY 3.42 billion and Non-GAAP EBIT of CNY 675 million, a 1.5% quarter-on-quarter increase. Transaction volume reached CNY 50.89 billion, and managed loan balance was CNY 101.84 billion. The company prioritized shareholder returns, paying a dividend and executing a share repurchase and accumulation plan. CEO Xiao Wenjie stated that the company will expand its presence across consumer scenarios and deepen services for micro and small businesses, while emphasizing user experience and consumer protection.