On March 26th, Fuzhou 360 Network Small Loan Co., Ltd., a subsidiary of Qifu Technology, successfully issued the first domestic exchange asset-backed securities (ABS) project that received an AAA international rating - the "Huaneng Trust 360 Small Loan Phase 1 Asset Support Special Plan" (referred to as "Qicheng ABS"). The securities are listed and issued on the Shanghai Stock Exchange, with an issuance scale of up to 1 billion yuan. This rating is issued by Fitch International, one of the world's three major international rating agencies.