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Qudian Inc. Reports Second Quarter 2021 Unaudited Financial Results XIAMEN , China , August 24 , 2021 / PRNewswire / -- Qudian Inc. ( “ Qudian ” or “ the Company ” or “ We ” ) ( NYSE : QD ) , a leading technology platform empowering the enhancement of the online consumer finance experience in China , today announced its unaudited financial results for the quarter ended June 30 , 2021 . Second Quarter 2021 Operational Highlights : • • • Number of outstanding borrowers [ ¹ ] from loan book business as of June 30 , 2021 decreased by 3.8 % to 2.9 million from 3.0 million as of March 31 , 2021 , as a result of the Company's deployment of a conservative and prudent strategy Total outstanding loan balance from loan book business [ 2 ] decreased by 13.8 % to RMB3.5 billion as of June 30 , 2021 , compared to the outstanding balance as of March 31 , 2021 Amount of transactions from loan book business for this quarter decreased by 12.1 % to RMB3.9 billion from the first quarter of 2021 ; Amount of transactions serviced on open platform for this quarter decreased by 32.5 % to RMB142.0 million from the first quarter of 2021 Weighted average loan tenure for our loan book business was 4.4 months for this quarter , compared with 4.5 months in the first quarter of 2021 ; Weighted average loan tenure for transactions serviced on open platform was 6.2 months for this quarter , compared with 6.7 months in the first quarter of 2021 [ 1 ] Outstanding borrowers are borrowers who have outstanding loans from the Company's loan book business as of a particular date . [ 2 ] Includes ( i ) off and on balance sheet loans directly or indirectly funded by our institutional funding partners or our own capital , net of cumulative write - offs and ( ii ) does not include auto loans from Dabai Auto business . Second Quarter 2021 Financial Highlights : • . Total revenues were RMB412.1 million ( US $ 63.8 million ) , compared to RMB1,167.0 million from the same period of last year Net income attributable to Qudian's shareholders was RMB269.9 million ( US $ 41.8 million ) , representing an increase of 50.7 % from the same period of last year , or RMB1.03 ( US $ 0.16 ) per diluted ADS