---
title: "VCredit expects H1 net profit no more than RMB 15 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294937560.md"
description: "VCredit Holdings Ltd. forecasts its first-half 2026 consolidated net profit will not exceed RMB 15 million, a sharp decline from the previous year's RMB 216 million. Non-IFRS adjusted net profit is expected between RMB 5 million and RMB 20 million. The significant drop is attributed to regulatory-driven industry adjustments under Document No. 9 (2025) and scaled-back loan origination to manage risk amid constrained liquidity since late 2025."
datetime: "2026-08-05T09:05:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294937560.md)
  - [en](https://longbridge.com/en/news/294937560.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294937560.md)
generator: "portal-rs"
---

# VCredit expects H1 net profit no more than RMB 15 million

-   VCREDIT guided for 1H ended June 30, 2026 consolidated net profit of no more than RMB 15 million. \* Non-IFRS adjusted net profit forecast at RMB 5 million to RMB 20 million, versus RMB 216 million net profit a year earlier. \* Non-IFRS adjusted net profit compared with RMB 217.9 million in the prior-year period. \* Profit hit by regulatory-driven industry adjustment, citing ongoing effects of National Financial Regulatory Administration Document No. 9 (2025) . \* Loan origination scaled back to curb risk amid constrained liquidity since 2H 2025, driving a sharp revenue decline. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VCREDIT Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260805-12273241), on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**