Jiayin Group Inc. (NASDAQ:JFIN) Q4 2022 Earnings Call Transcript

Similarly, in the product offerings, we are going to match the product in terms €“ specifically to the loan interest rates from our institution €“ financial institution partners with higher €“ lower interest rate products to our new customers in order to attract the right customer segments to our platforms. So, that’s on our new customer acquisition side, how we are going to continue to drive over €“ drive RMB20 billion overall growth and so continue to improve upon our industry rates. So, on a repeated customer borrowers €“ our focus will be enhancing the customer level risk modeling and decision in addition to what you see the typical on the loan level risk decision models and the decision framework. So, that allow us to really focus on the high-value customers, making sure that we are expanding our credits to them without overextending €“ over-expanding the risk appetite.

So, in addition to the modeling focus, we will be also exploring external third-party data along with our internal customer behavioral data through focusing such data mining on our complex complicated the customer-level data will allow us to improve €“ and improve upon the model or the models of the entire life cycle of the customers. So, next I am going to just say my answers in Chinese. Hope this answers your questions.

Sam Lee: Thank you. No more questions from me.

Operator: Thank you. We have reached the end of the call. I will return the call back to Shawn for closing remarks. Please go ahead.

Shawn Zhang: Thank you, operator and thank you all for participating on today’s call, and thank you for your support. We appreciate your interest and look forward to reporting to you again next quarter on our progress.

Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect.