VCREDIT Holdings proposes interim dividend after strong income and profit growth

VCREDIT Holdings Limited has announced an Extraordinary General Meeting (EGM) for October 9, 2025, to approve an interim dividend of HK5 cents per ordinary share for the six months ended June 30, 2025. This dividend, amounting to approximately HK$24.5 million, will be paid from the company's share premium account, reflecting solid performance including a 43.8% increase in total income to RMB2,499.9 million. The company reported a net profit of RMB216.0 million for the period, a 79.5% increase from the corresponding period in 2024.

The record date for dividend entitlement is October 20, 2025, with payment expected around November 10, 2025. Loan origination volume in Chinese mainland reached RMB38.00 bn, a 40.6% increase from the prior year, and outstanding loan balance grew 28.0% to RMB33.55 bn. The company emphasizes strategic initiatives in risk control and customer acquisition, alongside significant investments in AI technologies, to drive sustainable growth and enhance asset quality, with the M3+ delinquency ratio gradually declining to 2.43% by the end of Q2 2025.

The EGM will be held electronically, with the record date for attending and voting set for October 2, 2025. Shareholders are advised that transfers of shares must be lodged by 4:30 p.m. on October 16, 2025, to be eligible for the interim dividend. The board believes the dividend is in the best interests of the company and shareholders and will not adversely affect its financial position.