{"id":21537,"date":"2025-04-16T20:17:49","date_gmt":"2025-04-16T13:17:49","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=21537"},"modified":"2025-04-16T20:17:49","modified_gmt":"2025-04-16T13:17:49","slug":"zero-fintech-group-limited-stock-code-0093-hk-announces-record-breaking-2024-annual-results","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=21537","title":{"rendered":"Zero Fintech Group Limited (Stock Code: 0093.HK) Announces Record-Breaking 2024 Annual Results"},"content":{"rendered":"<p>HONG KONG SAR &#8211;  <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach Newswire<\/a> &#8211; 16 April 2025 &#8211; Zero Fintech Group Limited (&#8220;Zero Fintech&#8221; or the &#8220;Company&#8221;, stock code: 0093.HK), a leading fintech innovator, is proud to announce its stellar financial performance for the year ended 31 December 2024, showcasing remarkable growth driven by strategic execution and advanced risk management. <\/p>\n<figure align=\"center\">   <img decoding=\"async\" src=\"https:\/\/release.media-outreach.com\/release.php\/Images\/621813\/2024-annual-report-E-.jpg\" alt=\"2024 annual report E\uff2e\" width=\"100%\" \/> <\/figure>\n<p> <b>2024 Financial Highlights:<\/b>  <\/p>\n<ul>\n<li>     Revenue:      <b>HK$261.8 million<\/b> \u2013 a      <b>33% increase<\/b> YoY, driven by our Fintech Lending segment, which contributed 98% of the total revenue.   <\/li>\n<li>     Net Profit:      <b>HK$27.1million<\/b> \u2013 a      <b>123% increase<\/b> YoY, reflecting operational efficiency and disciplined risk management.   <\/li>\n<li>     Membership:      <b>Registered members grew to 160K<\/b>, demonstrating successful user acquisition strategy and product attractiveness to users.   <\/li>\n<\/ul>\n<p> <b>    <br \/>   Strategic Highlights:<\/b>  <\/p>\n<ul>\n<li>     Strategic Alliance with Standard Chartered Bank (Hong Kong)   <\/li>\n<\/ul>\n<p> This partnership is a pivotal move to seek to leverage proprietary A.I. technology of X Wallet to drive efficiency and innovation within the financial sector.  <\/p>\n<ul>\n<li>     Well developed Credit Risk Assessment Policy   <\/li>\n<\/ul>\n<p> We have established a rigorous risk control structure and enhanced our credit scoring system regarding the procedures for authorizing, approving and renewing credit facilities. This well-developed policy has helped to improve our bad debt.  <\/p>\n<ul>\n<li>     Improvement of the accuracy of the algorithm   <\/li>\n<\/ul>\n<p> By combining the cutting-edge technologies such as cloud computing, big data to create a safer and more efficient financial ecosystem. At the same time. This model keeps helping to improve the efficiency of our approval process to 5 seconds only, which greatly reduce the time required of customers from application to loan withdrawal.  <\/p>\n<ul>\n<li>     Strategic Acquisition of Alpha Times   <\/li>\n<\/ul>\n<p> It further strengthens our investment on technology by acquiring Alpha Times Technology Limited to bolster in-house IT capabilities and reducing reliance on external technical vendors.  <\/p>\n<ul>\n<li>     Quick acceptance of X Pay ( &#8220;Buy Now, Pay Later&#8221;)   <\/li>\n<\/ul>\n<p> The launching of X Pay positions X Wallet as Hong Kong&#8217;s first integrated financial services super-app. Over 1,000 merchants are adopting X Pay to offer Buy Now, Pay Later service to their customers. <\/p>\n<p> <b>Looking ahead, while global economic challenges persist, we&#8217;re committed to:<\/b>  <\/p>\n<ul>\n<li>     Expanding X Wallet and X Pay through AI-driven credit models and omnichannel marketing.   <\/li>\n<li>     Strengthening risk frameworks to navigate rising interest rates and market volatility.   <\/li>\n<li>     Exploring synergies between fintech and property sectors for long-term sustainability.   <\/li>\n<\/ul>\n<p> Explore the Full Report:  <a href=\"https:\/\/www.zerofintech.com.hk\/wp-content\/uploads\/2025\/03\/ew_00093Ann-202503271.pdf\">https:\/\/www.zerofintech.com.hk\/wp-content\/uploads\/2025\/03\/ew_00093Ann-202503271.pdf<\/a> <br \/>Hashtag: #ZeroFintech #XPay #XWallet<\/p>\n<p>The issuer is solely responsible for the content of this announcement.<\/p>\n\n<h4>About Zero Fintech Group Limited<\/h4>\n\n<div>   Founded in 1969, Zero Fintech Group Limited, previously known as Termbray Industries International (Holdings) Limited, has evolved to focus on three core business areas: property development and investment, money lending, and payment solutions, tailored for individual clients and small to medium-sized enterprises (SMEs). <\/div>\n<div> <\/div>\n<div>   Under the &#8220;Zero Finance&#8221; brand, the Group&#8217;s subsidiary has introduced the X Wallet App \u2014 &#8220;The First A.I. Express Loan App in Hong Kong&#8221;. The app features X Lend, an instant AI-based lending service, and X Pay, a &#8220;buy now, pay later&#8221; function, making it the one and only &#8220;Super App&#8221; in the city that offers both lending and payment services. <\/div>\n<div> <\/div>\n<div>   With a presence across Hong Kong and Mainland China, Zero Fintech Group Limited provides a comprehensive platform for financial transactions, delivering diverse and innovative solutions to its clientele. <\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/track.media-outreach.com\/index.php\/WebView\/375952\/118699\" alt=\"\" width=\"1\" height=\"1\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p>HONG KONG SAR &#8211;  <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach Newswire<\/a> &#8211; 16 April 2025 &#8211; Zero Fintech Group Limited (&#8220;Zero Fintech&#8221; or the &#8220;Company&#8221;, stock code: 0093.HK), a leading fintech innovator, is proud to announce its stellar financial performance for the year ended 31 December 2024, showcasing remarkable growth driven by strategic execution and advanced risk management. <\/p>\n<figure align=\"center\">   <img decoding=\"async\" src=\"https:\/\/release.media-outreach.com\/release.php\/Images\/621813\/2024-annual-report-E-.jpg\" alt=\"2024 annual report E\uff2e\" width=\"100%\" \/> <\/figure>\n<p> <b>2024 Financial Highlights:<\/b>  <\/p>\n<ul>\n<li>     Revenue:      <b>HK$261.8 million<\/b> \u2013 a      <b>33% increase<\/b> YoY, driven by our Fintech Lending segment, which contributed 98% of the total revenue.   <\/li>\n<li>     Net Profit:      <b>HK$27.1million<\/b> \u2013 a      <b>123% increase<\/b> YoY, reflecting operational efficiency and disciplined risk management.   <\/li>\n<li>     Membership:      <b>Registered members grew to 160K<\/b>, demonstrating successful user acquisition strategy and product attractiveness to users.   <\/li>\n<\/ul>\n<p> <b>    <br \/>   Strategic Highlights:<\/b>  <\/p>\n<ul>\n<li>     Strategic Alliance with Standard Chartered Bank (Hong Kong)   <\/li>\n<\/ul>\n<p> This partnership is a pivotal move to seek to leverage proprietary A.I. technology of X Wallet to drive efficiency and innovation within the financial sector.  <\/p>\n<ul>\n<li>     Well developed Credit Risk Assessment Policy   <\/li>\n<\/ul>\n<p> We have established a rigorous risk control structure and enhanced our credit scoring system regarding the procedures for authorizing, approving and renewing credit facilities. This well-developed policy has helped to improve our bad debt.  <\/p>\n<ul>\n<li>     Improvement of the accuracy of the algorithm   <\/li>\n<\/ul>\n<p> By combining the cutting-edge technologies such as cloud computing, big data to create a safer and more efficient financial ecosystem. At the same time. This model keeps helping to improve the efficiency of our approval process to 5 seconds only, which greatly reduce the time required of customers from application to loan withdrawal.  <\/p>\n<ul>\n<li>     Strategic Acquisition of Alpha Times   <\/li>\n<\/ul>\n<p> It further strengthens our investment on technology by acquiring Alpha Times Technology Limited to bolster in-house IT capabilities and reducing reliance on external technical vendors.  <\/p>\n<ul>\n<li>     Quick acceptance of X Pay ( &#8220;Buy Now, Pay Later&#8221;)   <\/li>\n<\/ul>\n<p> The launching of X Pay positions X Wallet as Hong Kong&#8217;s first integrated financial services super-app. Over 1,000 merchants are adopting X Pay to offer Buy Now, Pay Later service to their customers. <\/p>\n<p> <b>Looking ahead, while global economic challenges persist, we&#8217;re committed to:<\/b>  <\/p>\n<ul>\n<li>     Expanding X Wallet and X Pay through AI-driven credit models and omnichannel marketing.   <\/li>\n<li>     Strengthening risk frameworks to navigate rising interest rates and market volatility.   <\/li>\n<li>     Exploring synergies between fintech and property sectors for long-term sustainability.   <\/li>\n<\/ul>\n<p> Explore the Full Report:  <a href=\"https:\/\/www.zerofintech.com.hk\/wp-content\/uploads\/2025\/03\/ew_00093Ann-202503271.pdf\">https:\/\/www.zerofintech.com.hk\/wp-content\/uploads\/2025\/03\/ew_00093Ann-202503271.pdf<\/a> <br \/>Hashtag: #ZeroFintech #XPay #XWallet<\/p>\n<p>The issuer is solely responsible for the content of this announcement.<\/p>\n<h4>About Zero Fintech Group Limited<\/h4>\n<div>   Founded in 1969, Zero Fintech Group Limited, previously known as Termbray Industries International (Holdings) Limited, has evolved to focus on three core business areas: property development and investment, money lending, and payment solutions, tailored for individual clients and small to medium-sized enterprises (SMEs). <\/div>\n<div> <\/div>\n<div>   Under the &#8220;Zero Finance&#8221; brand, the Group&#8217;s subsidiary has introduced the X Wallet App \u2014 &#8220;The First A.I. Express Loan App in Hong Kong&#8221;. The app features X Lend, an instant AI-based lending service, and X Pay, a &#8220;buy now, pay later&#8221; function, making it the one and only &#8220;Super App&#8221; in the city that offers both lending and payment services. <\/div>\n<div> <\/div>\n<div>   With a presence across Hong Kong and Mainland China, Zero Fintech Group Limited provides a comprehensive platform for financial transactions, delivering diverse and innovative solutions to its clientele. <\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/track.media-outreach.com\/index.php\/WebView\/375952\/118699\" alt=\"\" width=\"1\" height=\"1\" \/><\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2,4],"tags":[],"class_list":["post-21537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-outreach-newswire","category-media-outreach-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/21537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21537"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/21537\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}