Economic Observation Network Xiaoying Technology (XYF) has been listed in the application list of the preparatory group of the Internet Loan Self discipline Working Committee of the China Internet Finance Association. At present, relevant special audit reports have been submitted as required, and the final results of the group entry are still pending multi-dimensional consideration.

Recent Events
On October 14, the China Internet Finance Association announced the list of 15 loan aid platforms that applied to join the preparatory group of the Internet Loan Self discipline Working Committee. Small Win Technology was listed, and the special audit report on whether there was any misappropriation of credit funds from January to August 2026 was submitted as required The background of this action is the previous outbreak of risk events by some lending institutions, which has impacted the confidence of the funding side in controlling the lending platform. Joining the preparatory group is considered a positive signal, but the audit report is only a necessary but not the only condition. Whether or not one can join the group ultimately depends on multidimensional considerations such as compliance and risk control 。

The above content is based on publicly available information and does not constitute investment advice.