Impressive Financial Highlights for 2024

Zero Fintech Group Limited (“Zero Fintech”, Stock Code: 0093.HK), a leading innovator in the fintech space, has reported remarkable financial growth for the fiscal year ending December 31, 2024. The company achieved significant milestones, driven by its robust fintech loan segment.

• Income: HKD 261.8 million, marking a 33% year-over-year increase, with fintech loans contributing 98% of total revenue.
• Net Profit: HKD 27.1 million, a 123% increase compared to the previous year, underscoring operational efficiency.
• Membership Growth: Registered members have surged to 160,000, reflecting a successful user acquisition strategy.

Strategic Partnerships and Growth Initiatives

Zero Fintech is actively pursuing strategic partnerships to enhance its service offerings and market reach. A key highlight is the strategic alliance formed with Standard Chartered Bank (Hong Kong), aimed at leveraging the capabilities of X Wallet to drive efficiency and innovation within the financial sector.

Enhanced Risk Management Strategies

The company has implemented stringent credit risk assessment policies, establishing a well-structured risk control framework. This improved strategy has significantly reduced bad debt, ensuring that Zero Fintech maintains a healthy financial position amid market fluctuations.

Technological Advancements and Algorithm Accuracy

With a commitment to innovation, Zero Fintech has enhanced the accuracy of its algorithms through the integration of advanced technologies such as cloud computing and big data. This allows for a safer financial ecosystem and has streamlined the loan approval process to just 5 seconds, drastically improving customer experience.

Strategic Acquisitions for Technological Growth

Further solidifying its technological foundation, Zero Fintech has made a strategic acquisition of Alpha Times Technology Limited. This move strengthens the company’s internal IT capabilities and reduces dependence on external technology providers, positioning Zero Fintech for sustainable long-term growth.

Innovative Payment Solutions with X Pay

Zero Fintech has also launched X Pay, a “Buy Now, Pay Later” service that sets the X Wallet apart as Hong Kong’s premier integrated financial super-application. Over 1,000 merchants have adopted X Pay, enabling a seamless purchasing experience for customers.

Looking Ahead: Future Commitments

Despite ongoing global economic challenges, Zero Fintech is dedicated to continued innovation and growth. The company’s future plans include:

• Expanding the X and X Pay portfolio leveraging AI-driven credit models and omnichannel marketing.
• Strengthening risk management practices to navigate increasing interest rates and market volatility.
• Exploring synergies within the fintech sector to ensure long-term sustainability and growth.