# EDGAR Filing Document

**Accession Number:** 0001741530
**File Stem:** 0000000000-25-006675
**Filing Date:** 2025-6
**Character Count:** 6233
**Document Hash:** a291d7456a673ff060825c3177336690
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-006675.hdr.sgml**: 20251217

**ACCESSION NUMBER**: 0000000000-25-006675

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250626

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Qfin Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001741530
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 001-38752

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 7/F LUJIAZUI FINANCE PLAZA
- **STREET 2:** NO. 1217 DONGFANG ROAD
- **CITY:** PUDONG NEW AREA, SHANGHAI
- **PROVINCE COUNTRY:** F4
- **ZIP:** 200122
- **BUSINESS PHONE:** 862161516360

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 7/F LUJIAZUI FINANCE PLAZA
- **STREET 2:** NO. 1217 DONGFANG ROAD
- **CITY:** PUDONG NEW AREA, SHANGHAI
- **PROVINCE COUNTRY:** F4
- **ZIP:** 200122

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Qifu Technology, Inc.
- **DATE OF NAME CHANGE:** 20230419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 360 DigiTech, Inc.
- **DATE OF NAME CHANGE:** 20200915

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 360 Finance, Inc.
- **DATE OF NAME CHANGE:** 20180522
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001410578-25-000441

## Text-Extract

```

                                                            June 26, 2025

Alex Xu
Chief Financial Officer
Qifu Technology, Inc.
7/F Luijazui Finance Place, No. 1217 Dongfang Road
Pudong New Area, Shanghai 2000122 PRC

       Re: Qifu Technology, Inc.
           Form 20-F for the year ended December 31, 2024
           File No. 001-38752
Dear Alex Xu:

       We have limited our review of your filing to the financial statements
and related
disclosures and have the following comments.

       Please respond to this letter within ten business days by providing the
requested
information or advise us as soon as possible when you will respond. If you do
not believe a
comment applies to your facts and circumstances, please tell us why in your
response.

       After reviewing your response to this letter, we may have additional
comments.

Form 20-F for the year ended December 31, 2024
Key Information
Financial Information Related to Our Consolidated Variable Interest Entities,
page 11

1.     Please revise the condensed consolidated financial schedules to address
the following:
           Include a footnote to the column "primary beneficiaries of VIEs
excluding the
           Company" to identify the primary beneficiaries. In this regard, it
appears you only
           have one WFOE entity.
           Revise footnote (1) to remove the reference to using the equity
method to
           consolidate the VIEs as you do not hold any equity interest in the
           VIEs. Additionally, clarify that you are the primary beneficiary of
the VIEs for
           accounting purposes only.
           Present the service fee expense paid by the VIEs to the primary
beneficiary
           separately from the other costs and expenses of the VIE. Relatedly,
revise to
           present the service fee income received by the primary beneficiary
from the VIEs
           separately from third-party revenue.
           Revise the "investments in subsidiaries and VIEs" line item in your
results of
 June 26, 2025
Page 2

           operations schedule to present investment in subsidiaries separately
from VIEs to
           distinguish income from your equity owned subsidiaries from the
income from
           contractual arrangements with the VIEs. .
             Similarly, revise the "investments in subsidiaries and VIEs" line
item from your
           schedules of financial condition to present investment in
subsidiaries separately
           from net assets of the VIEs.
             Revise to refer to these schedules as condensed consolidating
schedules rather
           than consolidated schedules. Also, revise to refer to the VIEs
rather than "our
           consolidated VIEs" as the latter implies you have ownership of or
equity interest
           in the VIEs.
Risk Factors
Changes in China's economic, political or social conditions or government
policies could
have a material adverse effect..., page 54

2.     We note changes you made to this risk factor disclosure relating to
legal and
       operational risks associated with operating in China and PRC
regulations. It is unclear
       to us that there have been changes in the regulatory environment in the
PRC since the
       filing of your prior Form 20-F on April 26, 2024 that would warrant
revised
       disclosure to mitigate the challenges you face and related disclosures.
For additional
       guidance, refer to the Division of Corporation Finance   s Sample Letter
to China-
       Based Companies, issued December 2021 and July 2023. In future filings,
please
       restore your disclosure.
Notes to Consolidated Financial Statements
Note 2. Summary of Significant Accounting Policies
Segment reporting, page F-32

3.     We note the CODM uses consolidated net income to measure segment profit
or loss,
       allocate resources and assess performance. Please revise to discuss how
the CODM
       uses this measure in assessing segment performance and deciding how to
allocate
       resources. Refer to 280-10-50-29(f) and the example at 280-10-55-54(c).
        In closing, we remind you that the company and its management are
responsible for
the accuracy and adequacy of their disclosures, notwithstanding any review,
comments,
action or absence of action by the staff.

       Please contact Brittany Ebbertt at 202-551-3572 or Kathleen Collins at
202-551-3499
with any questions.

                                                            Sincerely,

                                                            Division of
Corporation Finance
                                                            Office of
Technology
cc:   Haiping Li

```

### Attached PDF Documents

**Attachment 1:** `filename1`

_No text found in this document._