China Online Lender Qudian Can Achieve Profit Guidance Easily: CFO

The video discusses concerns about the slowing Chinese economy, highlighting the impact on retail sales. Despite these concerns, the company reports record earnings and strong demand for credit products. The discussion covers profit guidance, the termination of the Alipay partnership, and the company's regulatory status, including its online lending license. The video also explores the company's funding mix and the decision to scale back its auto leasing unit to achieve cost savings.

What is a major concern regarding the Chinese economy as discussed in the video?

• Decreasing foreign investments

• Rising unemployment

• Slowing retail sales growth

• Increasing inflation rates

What was the company's net income in the record quarter mentioned?

• 970 million renminbi

• 1.2 billion renminbi

• 750 million renminbi

• 500 million renminbi

How has the termination of Alipay's partnership affected the company?

• It led to a significant loss in revenue

• It had little impact as the company was already operating independently

• It resulted in a new partnership with another payment provider

• It caused a major shift in business strategy

What type of license has the company recently obtained?

• Investment license

• Guarantee license

• Banking license

• P2P lending license

What is the company's approach to participating in the fintech industry?

• Operating a P2P platform

• Working with licensed financial institutions

• Providing direct loans to consumers

• Relying on individual investors for funding

What is the primary source of the company's funding mix?

• Government grants

• Direct investments from shareholders

• Off balance sheet loans from bank partners

• On balance sheet loans

What is the expected cost saving from scaling back the auto leasing unit?

• 500 million renminbi

• 400 million renminbi

• 300 million renminbi

• 200 million renminbi