Yixin Group's business update for the first quarter ended March 31, 2024 showed that the Group financed approximately 17.1 million automobile transactions, an increase of 10.2% year-on-year, with a total financing amount of RMB161 billion. New car financing transactions grew by 8.5% year-on-year, used car financing transactions increased by 12.3% year-on-year, and new energy vehicle financing transactions increased by 88.6% year-on-year. FinTech (SaaS) business contributed 264.4% year-on-year in financing, contributing 24.3% to total financing. Sales volume in the Value Added Services division grew by 33.7% year-over-year, and battery GAP insurance products covered approximately 37.7% of new electric vehicles. The Board of Directors recalls that the information provided in this business update is preliminary, unaudited and may differ from subsequent official financial statements. Shareholders and investors should exercise caution.

Yixin Group's business update for the first quarter ended March 31, 2024 showed that the Group financed approximately 17.1 million automobile transactions, an increase of 10.2% year-on-year, with a total financing amount of RMB161 billion. New car financing transactions grew by 8.5% year-on-year, used car financing transactions increased by 12.3% year-on-year, and new energy vehicle financing transactions increased by 88.6% year-on-year. FinTech (SaaS) business contributed 264.4% year-on-year in financing, contributing 24.3% to total financing. Sales volume in the Value Added Services division grew by 33.7% year-over-year, and battery GAP insurance products covered approximately 37.7% of new electric vehicles. The Board of Directors recalls that the information provided in this business update is preliminary, unaudited and may differ from subsequent official financial statements. Shareholders and investors should exercise caution.