About Yixin Group
Yixin Group is a publicly listed company based in Shanghai (China) founded in 2013, and was acquired by Tencent in September 2019. Auto financing is facilitated via an online lending marketplace. It operates in the Transportation, Automotive & Logistics and Financial Services sectors. Yixin Group has raised $580 million across 2 funding rounds from investors including Tencent, COAMC and Wang Wei. The company has 25 employees. Its chief executive, as recorded, is Zhang Xuan. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include Meili Jirong, Diyi Chedai and Duanrong; 3 of its 3 listed competitors have raised funding.
Company details
YiXinGroup was established in 2013 in Shanghai, China, as an online platform in the automotive finance sector. Automotive financial services, including insurance and loans for new and used cars, are offered to consumers. Loans are issued by cooperative financial institutions through the marketplace, with service fees charged to consumers or partners involved in loan issuance. Operations focus on connecting lenders and borrowers in the auto financing domain.
- Headquarters Shanghai, China
- Employees 25
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsFinancial Services
- Email••••••••
- Website yixincars.com
- Social LinkedIn
- Acquired by Tencent (Sep 2019)
- Legal Name Yixin Group Ltd.
- Annual Revenue$1.63 B (USD)17.72as on Dec 31, 2025
- Net Profit$167.01 M (USD)48.07as on Dec 31, 2025
- EBITDA$255.65 M (USD)36.96as on Dec 31, 2025
- Total Equity Funding$580M (USD)
in 2 rounds
- Latest Funding Round$150M (USD), Debt – Conventional
May 2018
- InvestorsTencent
& 6 more
- Employee Count25
- Acquired byTencent
(Sep 2019)
Funding Insights of Yixin Group
Yixin Group has successfully raised a total of $580M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $150 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $580M
- Total Rounds 2
- Last Round Debt – Conventional — $150M
- First Round $580M
(May 2017)
- Investors Count 7
All 2 funding rounds of Yixin Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Yixin Group
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
7 investors in total: 6 institutional and 1 angel.
Investors in Yixin Group
Yixin Group has secured backing from 7 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Tencent, COAMC and Wang Wei.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm | idgcapital.com | New York, United States | ||
Venture capital firm backed by Bertelsmann | baifund.com | Chaoyang, China | ||
BAI Capital is engaged in investment and financial services. | bai-cap.com | Beijing, China | ||
Value-added internet, mobile, and telecom services are provided in China. | 1998 | tencent.com | Shenzhen, China | |
Diversified investment management services are provided across asset classes. | 1999 | coamc.com | Beijing, China | |
WW Wang Wei | unknown_06ebdec9d8b241208 | |||
A platform for AI and machine learning operations is offered. | hammer-capital.com |
Investor details for Yixin Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Yixin Group
1 people are tracked at Yixin Group (1 in leadership); the tracked headcount is 25.
| Name | Role | Group |
|---|---|---|
Zhang Xuan | Chairman & CEO | Leadership |
Complete people profiles for Yixin Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Yixin Group
Yixin Group is a publicly listed company on the HKEX with ticker symbol 2858 in Hong Kong, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date16 Nov 2017
- Listed onHKEX: 2858
- Listed entityYixin Group Ltd.
- Exchange sectorFinance
- ISINKYG9T43R1023
- Share price0.83 HKD (-11.23% on the day) · 2026-10-14
- Market capitalisation6,247,741,693.00 HKD
- Price to earnings3.8
- EPS (diluted, trailing year)0.22 HKD
- Dividend yield10%
- Volume (last session)78,906,500
Financials of Yixin Group
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 12.67B HKD | 1.30B HKD | 1.99B HKD |
| 2024 | 10.77B HKD | 878.1M HKD | 1.45B HKD |
| 2023 | 7.49B HKD | 613.2M HKD | 1.05B HKD |
| 2022 | 6.27B HKD | 431.2M HKD | 821.1M HKD |
| 2021 | 4.54B HKD | 34.9M HKD | 792.0M HKD |
Detailed financial statements for Yixin Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Yixin Group
6 dated milestones of Yixin Group across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Yixin Group is founded.
- Milestone Reaches Unicorn status.
- Funding First funding round of $580.0M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Debt – Conventional, of $150.0M.
- Exit Acquired by Tencent.
Competitors of Yixin Group
Yixin Group has 3 listed competitors in our database, 3 of them funded. They include Meili Jirong, Diyi Chedai and Duanrong.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mljr.com | 2015 | Beijing, China | $195M | Operates a platform focused on consumer purchase financing solutions. | ||
| dycd.com | 2013 | Beijing, China | $106.42M | Hosts a digital marketplace for convenient auto loan services. | ||
| duanrong.com | 2014 | Beijing, China | $113.93M | Consumer loans are provided via an online P2P lending platform. |
Detailed competitors of Yixin Group
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Yixin Group
The website of Yixin Group (yixincars.com) receives about 1K visits a month.
- Monthly visits1K
▲ 127% vs previous month
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Yixin Group
Complete news archive for Yixin Group
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Yixin Group
Yixin Group was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Yixin Group is headquartered in Shanghai, China. It is registered at Shanghai, Shanghai, China.
Zhang Xuan is the CEO of Yixin Group, as recorded in our data.
Yixin Group is a funded company, having raised a total of $580M across 2 funding rounds to date. The company's 1st funding round was a Series C of $580M, raised on May 2017.
Yixin Group has 25 employees.
Annual revenue of Yixin Group is $1.63B as on Dec 31, 2025.
YiXinGroup was established in 2013 in Shanghai, China, as an online platform in the automotive finance sector. Automotive financial services, including insurance and loans for new and used cars, are offered to consumers. Loans are issued by cooperative financial institutions through the marketplace, with service fees charged to consumers or partners involved in loan issuance. Operations focus on connecting lenders and borrowers in the auto financing domain.
Yixin Group's top competitors include Duanrong, Meili Jirong and Diyi Chedai.
Yes, Yixin Group is publicly traded on HKEX under the ticker symbol 2858.
Yixin Group has 7 investors. Key investors include Tencent, COAMC, Wang Wei, IDG Capital, and Hammer Capital.
Yes. Yixin Group was acquired by Tencent in September 2019.