Stratrix
On the Record · X Financial

X Financial acquisitions, on the record

The businesses X Financial bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Shenzhen Xiaoying Puhui Technology Co., Ltd. and Shenzhen Xiaoying Information Technology Co., Ltd.
Word for word“In December 2017, Beijing WFOE acquired 100% of the equity interest held by Shenzhen Xiaoying (VIE) in Shenzhen Xiaoying Puhui Technology Co., Ltd. and Shenzhen Xiaoying Information Technology Co., Ltd.” 20-F for 2023
acquisitionIn December 2017—
Shenzhen Ying Zhong Tong (VIE)
Word for word“In December 2016, Shenzhen Xiaoying (VIE) acquired all of the equity interest in Shenzhen Ying Zhong Tong (VIE).” 20-F for 2023
acquisitionIn December 2016—
Tianxinhao (45% of issued and outstanding shares, from SUNHOPE)
Word for word“Pursuant to the agreement, Shenzhen Ying Ai Gou (VIE) acquired 45% issued and outstanding shares of Tianxinhao from SUNHOPE for approximately RMB315 million.” 20-F for 2023
acquisition—approximately RMB315 million
Shenzhen Xiaoying Puhui Technology Co., Ltd. and Shenzhen Xiaoying Information Technology Group Co., Ltd.
Word for word“In December 2017, Beijing WFOE acquired 100% of the equity interest held by Shenzhen Xiaoying (VIE) in Shenzhen Xiaoying Puhui Technology Co., Ltd. and Shenzhen Xiaoying Information Technology Group Co., Ltd.” 20-F for 2024
acquisitionIn December 2017—
Tianxinhao (45% issued and outstanding shares, from SUNHOPE)
Word for word“Pursuant to the agreement, Shenzhen Ying Ai Gou (VIE) acquired 45% issued and outstanding shares of Tianxinhao from SUNHOPE for approximately RMB315 million.” 20-F for 2024
acquisition—approximately RMB315 million

Read from X Financial’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-30. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.