| Interest and fees income |
| 18 |
Interest and fees income |
| | |
| |
Year ended December 31, | |
| | |
Note | |
2023 | | |
2024 | | |
2025 | |
| | |
| |
RMB | | |
RMB | | |
RMB | |
| Interest and financing service fees on loans | |
(i) | |
| 1,580,001,675 | | |
| 1,343,738,056 | | |
| 484,992,923 | |
| - Interest income | |
| |
| 1,579,868,355 | | |
| 1,343,738,056 | | |
| 484,992,923 | |
| - Financing service fees | |
| |
| 133,320 | | |
| - | | |
| - | |
| Interest income charged to sales partners | |
(ii) | |
| 134,542,337 | | |
| 162,566,756 | | |
| 72,092,927 | |
| Interest income on debt securities | |
(iii) | |
| 20,468,849 | | |
| 16,842,567 | | |
| 14,375,545 | |
| Interest on deposits with banks | |
| |
| 19,582,159 | | |
| 15,472,736 | | |
| 4,321,947 | |
| Total | |
| |
| 1,754,595,020 | | |
| 1,538,620,115 | | |
| 575,783,341 | |
| (i) | Interest and financing service fees on loans, which include financing service fees on loans, are recognized in the consolidated statements of comprehensive income using the effective interest method. Financing service fees on loans, are deferred and amortized over the contractual life of the related loans utilizing the effective interest method. |
| (ii) | Interest income charged to sales partners refers to the cost of and interest on the partner’s instalment repurchase options under collaboration model. |
| (iii) | Interest income on debt securities in forms of partnership investment and corporate debt securities. Please refer to Note 6(b). |
|