Americké depozitní akcie Yiren Digital klesly 12. října 2026 o 44 % poté, co společnost oznámila, že CEO Ning Tang byl podroben trestněprávním donucovacím opatřením v souvislosti s vyšetřováním určitých přidružených společností ovládajícího akcionáře.
New York, New York--(Newsfile Corp. - October 25, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Yiren Digital Ltd. (NYSE: YRD) resulting from allegations that Yiren may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Yiren securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/yiren-digital-ltd/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: On October 12, 2026, Yiren issued a press release entitled "Yiren Digital Provides Update on Its CEO and Operations." The press release stated that Yiren had "became aware of a police notice published on October 12, 2026, stating that Mr. Ning Tang, the Company's Executive Chairman and Chief Executive Officer, had been subject to criminal compulsory measures in connection with an investigation involving certain affiliates of the Company's controlling shareholder."
On this news, Yiren's American Depositary Shares fell 44% on October 12, 2026.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/320419
Source: The Rosen Law Firm PA
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ADS společnosti Yiren Digital klesly 12. října 2026 o 44 % poté, co firma uvedla, že její generální ředitel Ning Tang byl v souvislosti s vyšetřováním některých přidružených společností ovládajícího akcionáře podroben trestním donucovacím opatřením.
Rosen Law Firm Encourages Yiren Digital Ltd. Investors to Inquire About Securities Class Action Investigation - YRDPR Newswire
NEW YORK, Oct. 24, 2026
, /PRNewswire/ --
Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Yiren Digital Ltd. (NYSE: YRD) resulting from allegations that Yiren may have issued materially misleading business information to the investing public.
So What: If you purchased Yiren securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/yiren-digital-ltd/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: On October 12, 2026, Yiren issued a press release entitled "Yiren Digital Provides Update on Its CEO and Operations." The press release stated that Yiren had "became aware of a police notice published on October 12, 2026, stating that Mr. Ning Tang, the Company's Executive Chairman and Chief Executive Officer, had been subject to criminal compulsory measures in connection with an investigation involving certain affiliates of the Company's controlling shareholder."
On this news, Yiren's American Depositary Shares fell 44% on October 12, 2026.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/rosen-law-firm-encourages-yiren-digital-ltd-investors-to-inquire-about-securities-class-action-investigation---yrd-302917707.html
ADR společnosti Yiren Digital klesly 12. října 2026 o 44 % poté, co firma uvedla, že její výkonný předseda představenstva a generální ředitel Ning Tang podléhá trestněprávním donucovacím opatřením v souvislosti s vyšetřováním některých spřízněných subjektů ovládajícího akcionáře.
Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Yiren Digital Ltd. (NYSE: YRD) resulting from allegations that Yiren may have issued materially misleading business information to the investing public.
So What: If you purchased Yiren securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/yiren-digital-ltd/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: On October 12, 2026, Yiren issued a press release entitled "Yiren Digital Provides Update on Its CEO and Operations." The press release stated that Yiren had "became aware of a police notice published on October 12, 2026, stating that Mr. Ning Tang, the Company's Executive Chairman and Chief Executive Officer, had been subject to criminal compulsory measures in connection with an investigation involving certain affiliates of the Company's controlling shareholder."
On this news, Yiren's American Depositary Shares fell 44% on October 12, 2026.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
Advokátní kancelář Rosen Law Firm prověřuje možné porušení zákonů o cenných papírech ze strany společnosti Yiren Digital poté, co její ADS 12. října 2026 klesly o 44 %.
New York, New York--(Newsfile Corp. - October 21, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Yiren Digital Ltd. (NYSE: YRD) resulting from allegations that Yiren may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Yiren securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/yiren-digital-ltd/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: On October 12, 2026, Yiren issued a press release entitled "Yiren Digital Provides Update on Its CEO and Operations." The press release stated that Yiren had "became aware of a police notice published on October 12, 2026, stating that Mr. Ning Tang, the Company's Executive Chairman and Chief Executive Officer, had been subject to criminal compulsory measures in connection with an investigation involving certain affiliates of the Company's controlling shareholder."
On this news, Yiren's American Depositary Shares fell 44% on October 12, 2026.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/320279
Source: The Rosen Law Firm PA
Ready to Announce with Confidence?
Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
ADR společnosti Yiren Digital 12. října 2026 klesly o 44 % poté, co firma oznámila, že její výkonný předseda a generální ředitel Ning Tang byl podroben trestním donucovacím opatřením v souvislosti s vyšetřováním některých spřízněných subjektů kontrolního akcionáře.
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Yiren Digital Ltd. (NYSE: YRD) resulting from allegations that Yiren may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Yiren securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/yiren-digital-ltd/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: On October 12, 2026, Yiren issued a press release entitled "Yiren Digital Provides Update on Its CEO and Operations." The press release stated that Yiren had "became aware of a police notice published on October 12, 2026, stating that Mr. Ning Tang, the Company’s Executive Chairman and Chief Executive Officer, had been subject to criminal compulsory measures in connection with an investigation involving certain affiliates of the Company’s controlling shareholder."
On this news, Yiren American Depositary Shares fell 44% on October 12, 2026.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
Americké depozitní akcie (ADS) společnosti Yiren Digital se 12. října 2026 propadly o 44 % poté, co firma uvedla, že generální ředitel Ning Tang čelí trestnímu vyšetřování.
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Yiren Digital Ltd. (NYSE: YRD) resulting from allegations that Yiren may have issued materially misleading business information to the investing public.
So What: If you purchased Yiren securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/yiren-digital-ltd/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: On October 12, 2026, Yiren issued a press release entitled "Yiren Digital Provides Update on Its CEO and Operations." The press release stated that Yiren had "became aware of a police notice published on October 12, 2026, stating that Mr. Ning Tang, the Company's Executive Chairman and Chief Executive Officer, had been subject to criminal compulsory measures in connection with an investigation involving certain affiliates of the Company's controlling shareholder."
On this news, Yiren's American Depositary Shares fell 44% on October 12, 2026.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
Rosen Law Firm vyšetřuje možné nepravdivé informace společnosti Yiren Digital; její ADS 12. října 2026 klesly o 44 % poté, co vyšlo najevo, že Ning Tang byl podroben trestněprocesním donucovacím opatřením v souvislosti s vyšetřováním některých přidružených společností ovládajícího akcionáře.
New York, New York--(Newsfile Corp. - October 17, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Yiren Digital Ltd. (NYSE: YRD) resulting from allegations that Yiren may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Yiren securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/yiren-digital-ltd/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: On October 12, 2026, Yiren issued a press release entitled "Yiren Digital Provides Update on Its CEO and Operations." The press release stated that Yired had " became aware of a police notice published on October 12, 2026, stating that Mr. Ning Tang, the Company's Executive Chairman and Chief Executive Officer, had been subject to criminal compulsory measures in connection with an investigation involving certain affiliates of the Company's controlling shareholder."
On this news, Yiren American Depositary Shares fell 44% on October 12, 2026.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/319489
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Společnost Yiren Digital uvedla, že její CEO Ning Tang byl podroben trestněprávním donucovacím opatřením v souvislosti s vyšetřováním některých přidružených společností ovládajícího akcionáře; její ADS 12. října 2026 klesly o 44 %.
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Yiren Digital Ltd. (NYSE: YRD) resulting from allegations that Yiren may have issued materially misleading business information to the investing public.
So What: If you purchased Yiren securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/yiren-digital-ltd/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: On October 12, 2026, Yiren issued a press release entitled "Yiren Digital Provides Update on Its CEO and Operations." The press release stated that Yiren had "became aware of a police notice published on October 12, 2026, stating that Mr. Ning Tang, the Company’s Executive Chairman and Chief Executive Officer, had been subject to criminal compulsory measures in connection with an investigation involving certain affiliates of the Company’s controlling shareholder."
On this news, Yiren American Depositary Shares fell 44% on October 12, 2026.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Akcie společnosti Yiren Digital ve středu vzrostly o 40 % poté, co firma uvedla, že vyšetřování spřízněných subjektů jejího majoritního akcionáře přímo nesouvisí s její činností.
Yiren Digital Ltd. (NYSE:YRD) stock is trading higher by about 40% on Wednesday as it provided an update on several recent developments concerning the company amid the investigation involving certain affiliates of the company’s controlling shareholder.
YRD Stock Remains Highly VolatileThe micro-cap stock had a market capitalization of about $48.6 million based on the previous close. The company’s small market value and sharp volume increases or decreases can drive significant share-price volatility.
Trading activity was also unusually heavy. Session volume reached 109.81 million shares, compared with the stock’s 100-day average volume of 66,633 shares.
The stock is still down 88.85% over the past 12 months and is near its 52-week low.
Operational Independence and Update on InvestigationYiren Digital specializes in providing AI-enabled financial technology and insurance brokerage services across multiple industries in China and global markets.
The company emphasized that it operates as a separately listed entity with its own board of directors and management team. Its financial reporting and day-to-day operations remain independent of those of its controlling shareholder.
Based on currently available information, Yiren Digital said the investigation concerns business activities outside the company and is not directly related to its operations.
Cash Allocation And LiquidityThe Company reiterated its strong liquidity position and reaffirmed its intention to continue implementing its previously announced share repurchase program of up to $20 million over a 12-month period.
The company held $250 million in cash and cash equivalents as of June 30, 2026.
Leadership UpdateThe company on Tuesday appointed Na Mei as Acting Chief Executive Officer, effective Oct. 13, 2026.
The appointment follows the company’s Oct. 12 announcement that its CEO, Ning Tang, had been subject to criminal compulsory measures in connection with an investigation involving certain affiliates of the company’s controlling shareholder.
Na Mei previously served as the company’s CFO from September 2020 to August 2024. Prior to joining the company, she worked at PricewaterhouseCoopers for more than 10 years.
YRD Stock Price Activity: Yiren Digital shares are trading higher by 40.20% at $0.64 at the time of publication on Wednesday, according to Benzinga Pro data.
Image via Gorodenkoff/Shutterstock
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Market News and Data brought to you by Benzinga APIs
Yiren Digital ve 2. čtvrtletí vykázala čistou ztrátu RMB449,6 mil. a tržby klesly o 46 % meziročně na RMB890,0 mil. Firma zároveň schválila zpětný odkup akcií až za US$20,0 mil.
, /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets, today announced its unaudited financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 Highlights
Later-stage delinquency rates continued to improve with 31–60 day and 61–90 day delinquency rates declining to 2.0% and 2.4% as of June 30, 2026, respectively, from 2.7% and 3.2% as of March 31, 2026. Repeat borrowers accounted for 82% of total loans facilitated, compared with 78% in the first quarter of 2026 and 77% in the same period of 2025, reflecting the Company's continued focus on serving established borrowers. Insurance client growth remained strong, with the number of clients increasing 281% year over year and new policies increasing 177% year over year. Insurance brokerage revenue increased 16% year over year. AI deployment continued to generate measurable efficiency gains across key operating functions, including lower human handling rates in asset recovery and higher autonomous resolution rates in customer operations. On July 2, 2026, the Company's board of directors authorized a new share repurchase program of up to US$20.0 million over the following 12 months. Second Quarter 2026 Operational Results
Credit Solution Business
Total loans facilitated in the second quarter of 2026 were RMB6.3 billion (US$0.9 billion), representing a decrease of 29% compared to RMB8.9 billion in the first quarter of 2026, and a decrease of 69% compared to RMB20.3 billion in the same period of 2025. Average loan size was RMB11,610 during the second quarter of 2026, a decrease of 3% from RMB11,991 in the first quarter of 2026, and an increase of 57% from RMB7,398 in the same period of 2025. Number of borrowers served in the second quarter of 2026 was 424,489, representing a decrease of 20% compared to 531,500 in the first quarter of 2026, and a decrease of 74% compared to 1,637,912 in the same period of 2025. Repeat borrowers' loan amount[1] accounted for 82% of total loans facilitated in the second quarter of 2026, compared to 78% in the first quarter of 2026 and 77% in the same period of 2025. Cumulative number of borrowers served reached 14,667,379 as of June 30, 2026, representing an increase of 1% from 14,518,023 as of March 31, 2026, and an increase of 8% from 13,536,838 as of June 30, 2025. Outstanding balance of performing loans facilitated was RMB15.1 billion (US$2.2 billion) as of June 30, 2026, representing a decrease of 30% from RMB21.6 billion as of March 31, 2026, and a decrease of 52% from RMB31.2 billion as of June 30, 2025. Insurance Brokerage Business
Number of insurance clients during the second quarter of 2026 was 452,962, representing an increase of 14% from 397,854 in the first quarter of 2026, and a 281% year-over-year increase from 118,747 in the same period of 2025. Cumulative number of insurance clients was 2,712,793 as of June 30, 2026, representing an increase of 15% from 2,357,951 as of March 31, 2026, and a 61% year-over-year increase from 1,681,888 as of June 30, 2025. Number of new insurance policies in the second quarter of 2026 was 918,150, representing a decrease of 8% from 999,575 in the first quarter of 2026, and a 177% year-over-year increase from 331,281 in the same period of 2025. Gross written premiums were RMB838.9 million (US$123.6 million), representing an increase of 2% from RMB823.0 million in the first quarter of 2026 and a decrease of 1% from RMB850.1 million in the same period of 2025. First-year premiums were RMB532.9 million (US$78.5 million) in the second quarter of 2026, compared with RMB536.3 million in the first quarter of 2026 and RMB440.4 million in the same period of 2025. Renewal premiums were RMB305.9 million (US$45.1 million) in the second quarter of 2026, compared with RMB286.7 million in the first quarter of 2026 and RMB409.7 million in the same period of 2025. Recent Developments
All-in-AI Strategic Updates
Enterprise AI Deployment and Operating Efficiency: The Company continued to advance its enterprise AI operating model, supported by its proprietary Zhiyu and Yizhi large language models, MagiCube 2.0 multi-agent platform, XuanJi workflow execution and ZhiNao orchestration capabilities. AI deployment is increasingly translating into measurable efficiency gains and higher levels of automation across core operating functions. As disclosed in the Company's 2025 ESG Report, which was published in July 2026, the autonomous resolution rate of text-based agents in customer operations increased from approximately 60% to nearly 80%, while automated quality inspection covered more than two million service records daily. AI-Enabled Risk Management: The Company continued to expand the application of AI across risk management and borrower fraud detection. As disclosed in the Company's 2025 ESG Report, its Hawkeye fraud detection system and DiTing multimodal verification engine helped avoid approximately RMB165 million (US$23 million) in potential fraud-related losses during 2025, demonstrating the potential for AI capabilities to enhance risk identification and operational efficiency. AI Application-Layer Expansion: In July 2026, the Company entered into a warrant agreement with a private AI-native company focused on immersive AI entertainment and emotional wellness, marking the fourth AI company with which Yiren Digital has entered into a warrant agreement. The transaction reflects the Company's disciplined approach to selectively expanding its AI application-layer portfolio and developing new growth opportunities beyond its core financial services businesses. Share Repurchase Program
On July 2, 2026, the Company's board of directors authorized a new share repurchase program, under which the Company may repurchase up to 10% of its total issued and outstanding ordinary shares and/or American depositary shares ("ADSs") for an aggregate amount of up to US$20.0 million over the following 12 months. The timing and amount of any repurchases will be subject to market conditions and other applicable factors. 2025 ESG Report
In July 2026, the Company published its 2025 Environmental, Social and Governance Report, its third annual ESG report, prepared with reference to the GRI Standards and benchmarked against the United Nations Sustainable Development Goals. During 2025, the Company facilitated RMB19.5 billion of unsecured credit to more than 596,500 small business owners, established a three-tier ESG governance structure led by the Board's ESG Committee, and reduced total greenhouse gas emissions by 6% year over year. "During the second quarter of 2026, we maintained a disciplined approach to our credit solution business, prioritizing portfolio quality and risk-adjusted returns while moderating near-term loan facilitation volume. Under this approach, we saw an improvement in later-stage delinquency rates and a higher contribution from repeat borrowers. We continue to refine our service model to leverage our AI innovation to deliver our services that are less capital intensive and more technology focused," said Mr. Ning Tang, Chairman and Chief Executive Officer of Yiren Digital. "At the same time, our insurance client base continued to expand, and our All-in-AI strategy generated measurable efficiency gains across asset recovery, customer operations and risk management. Looking ahead, we remain focused on strengthening our core operations, advancing our AI-native capabilities and building a more diversified growth platform."
"Our operating performance improved in the second quarter. However, our results were also affected by the impairment and adjustments related to legacy receivables and contract assets," said Mr. William Hui, Chief Financial Officer of Yiren Digital. "Net loss nevertheless narrowed by 9% sequentially compared with the first quarter of 2026, primarily reflecting an improved credit environment, greater efficiency in credit analysis and reduced reliance on the risk-taking model."
Second Quarter 2026 Financial Results
Total net revenue in the second quarter of 2026 was RMB890.0 million (US$131.2 million), representing a decrease of 3% from RMB915.1 million in the first quarter of 2026 and a decrease of 46% from RMB1,652.1 million in the same period of 2025.
Within this, revenue from the credit solution business was RMB777.6 million (US$114.6 million), representing a decrease of 2% from RMB795.7 million in the first quarter of 2026 and a decrease of 48% from RMB1,489.6 million in the same period of 2025.
Revenue from the credit solution business accounted for 87% of total net revenue in the second quarter of 2026. The year-over-year decrease primarily reflected lower loan facilitation volume amid the industry's implementation of revised regulatory requirements for online loan facilitation. The revised framework introduced lower borrower all-in financing cost limits and more stringent funding-partner requirements relating to pricing and risk-adjusted returns. Against this backdrop, the Company moderated loan facilitation activity and increasingly concentrated originations among established repeat borrowers.
Revenue from the insurance brokerage business was RMB67.3 million (US$9.9 million), representing a decrease of 23% from RMB87.2 million in the first quarter of 2026 and an increase of 16% from RMB58.1 million in the same period of 2025. The year-over-year increase was primarily driven by the continued expansion of the Company's internet distribution business, which maintained strong momentum, together with steady growth in its traditional insurance operations. The sequential decrease mainly reflected lower estimated renewal rates for certain internet insurance products and the resulting adjustment to revenue from the existing portfolio.
Revenue from other businesses was RMB45.0 million (US$6.6 million), representing an increase of 40% from RMB32.2 million in the first quarter of 2026 and a decrease of 57% from RMB104.4 million in the same period of 2025. The year-over-year decrease mainly reflected the continued scaling down of the e-commerce business.
Sales and marketing expenses in the second quarter of 2026 were RMB126.9 million (US$18.7 million), representing an increase of 12% from RMB113.6 million in the first quarter of 2026 and a decrease of 63% from RMB345.2 million in the same period of 2025. The year-over-year decrease was primarily attributable to lower customer acquisition spending for the credit solution business as loan facilitation volume declined and the repeat-borrower mix increased. The sequential increase mainly reflected higher internet-based promotion service fees for customer acquisition in the internet insurance business.
Origination, servicing and other operating costs in the second quarter of 2026 were RMB189.6 million (US$27.9 million), representing a decrease of 4% from RMB197.6 million in the first quarter of 2026 and an increase of 18% from RMB160.9 million in the same period of 2025. The sequential decrease primarily reflected lower credit solution operating costs as loan facilitation volume and the outstanding loan balance declined. The year-over-year increase was mainly attributable to higher collection costs resulting from strengthened collection efforts, as well as higher operating costs associated with increased new business volume in the traditional insurance business.
Research and development expenses in the second quarter of 2026 were RMB113.1 million (US$16.7 million), representing an increase of 4% from RMB108.9 million in the first quarter of 2026 and an increase of 5% from RMB107.7 million in the same period of 2025. The modest increases reflected continued investment in AI-related research and development, including personnel and engineering capabilities.
General and administrative expenses in the second quarter of 2026 were RMB75.8 million (US$11.2 million), representing an increase of 8% from RMB70.5 million in the first quarter of 2026 and a decrease of 4% from RMB78.9 million in the same period of 2025.
Allowance for contract assets, receivables and others in the second quarter of 2026 was RMB502.8 million (US$74.1 million), compared with RMB176.4 million in the first quarter of 2026 and RMB214.7 million in the same period of 2025. The increase primarily reflected a provision for credit loss recognized on certain related-party loan receivables following a reassessment of their recoverability, as well as higher expected credit loss allowances on longer aging accounts receivable. These increases were partially offset by lower credit losses on financing and guarantee receivables.
Provision for contingent liabilities in the second quarter of 2026 was RMB233.3 million (US$34.4 million), representing a decrease of 63% from RMB632.2 million in the first quarter of 2026 and a decrease of 40% from RMB385.7 million in the same period of 2025. The decrease primarily reflected lower loan facilitation volume under the risk-taking model, which reduced expected future guarantee payouts, as well as a net reversal of provisions associated with the existing loan portfolio following updated credit assessments. The quarter-to-quarter decrease was further supported by lower expected net charge-off rates for newly originated loans.
Fair value adjustments loss in the second quarter of 2026 was RMB97.8 million (US$14.4 million), compared with a loss of RMB89.0 million in the first quarter of 2026 and a gain of RMB28.0 million in the same period of 2025. The fair value loss was primarily attributable to declines in the market value of the Company's digital assets and related investments, partially offset by fair value gains on trust investments.
Income tax expense in the second quarter of 2026 was RMB25.1 million (US$3.7 million).
Net loss for the second quarter of 2026, due to the foregoing, was RMB449.6 million (US$66.3 million), compared with a net loss of RMB494.7 million in the first quarter of 2026 and net income of RMB357.5 million in the same period of 2025.
Adjusted EBITDA [2] (non-GAAP) in the second quarter of 2026 was a loss of RMB340.7 million (US$50.2 million), compared with a loss of RMB336.8 million in the first quarter of 2026 and a gain of RMB351.4 million in the same period of 2025.
Basic and diluted loss per ADS in the second quarter of 2026 were both RMB5.1068 (US$0.7526), compared with basic and diluted loss per ADS of RMB5.6420 in the first quarter of 2026; and basic and diluted income per ADS of RMB4.1356 and RMB4.1072, respectively, in the same period of 2025.
Net cash used in operating activities in the second quarter of 2026 was RMB1,029.1 million (US$151.7 million), compared with RMB655.6 million used in the first quarter of 2026 and RMB411.2 million generated in the same period of 2025. The higher net operating cash outflow primarily reflected lower service fee collections amid reduced business volume, increased prepayments for collection, system support and marketing services, and continued indemnity payments under risk-taking model.
Net cash provided by investing activities in the second quarter of 2026 was RMB454.0 million (US$66.9 million), compared with RMB24.8 million used in the first quarter of 2026 and RMB752.2 million used in the same period of 2025. The change was primarily attributable to repayments from trust lending arrangements and proceeds from redemptions of funds and wealth management products, partially offset by new trust lending and other investment outflows.
Net cash used in financing activities in the second quarter of 2026 was RMB469.9 million (US$69.3 million), compared with RMB345.6 million used in the first quarter of 2026 and RMB447.6 million provided in the same period of 2025. The net financing cash outflow primarily reflected distributions of principal upon the liquidation of certain trust plans.
As of June 30, 2026, cash and cash equivalents were RMB1,696.7 million (US$250.1 million), compared with RMB2,453.1 million as of March 31, 2026. As of June 30, 2026, financial investments were RMB252.0 million (US$37.1 million), compared with RMB507.5 million as of March 31, 2026. The decrease in cash and cash equivalents primarily reflected net cash used in operating and financing activities, partially offset by net cash provided by investing activities. The decline in financial investments mainly reflected redemptions of funds and wealth management products and negative fair value movements.
As of June 30, 2026, delinquency rates [3] for loans that were past due for 1-30 days, 31-60 days and 61-90 days were 2.5%, 2.0% and 2.4%, respectively, compared with 2.5%, 2.7% and 3.2%, respectively, as of March 31, 2026.
Dividend Policy
The Board is evaluating a range of capital-allocation initiatives, including cash dividend payments and/or the recently announced share repurchase program, with a view to enhancing long-term shareholder value while maintaining a disciplined balance sheet and adequate financial flexibility.
Non-GAAP Financial Measures
In evaluating the business, the Company considers and uses several non-GAAP financial measures, such as adjusted EBITDA as a supplemental measure to review and assess operating performance. We believe such non-GAAP measure provides useful information about our core operating results, enhances the overall understanding of our past performance and prospects and allows for greater visibility with respect to key metrics used by our management in our financial and operational decision making. The presentation of non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The non-GAAP financial measure has limitations as analytical tools. Other companies, including peer companies in the industry, may calculate the non-GAAP measure differently, which may reduce their usefulness as a comparative measure. The Company compensates for these limitations by reconciling the non-GAAP financial measure to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. See "Operating Highlights and Reconciliation of GAAP to Non-GAAP measures" at the end of this press release. The Company's non-GAAP financial measure excludes share-based compensation expenses, depreciation and amortization expenses, interest income and investment income, net, fair value adjustments related to digital assets and financial investments, and income tax benefit / (expense).
Currency Conversion
This announcement contains currency conversions of certain RMB amounts into US$ at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to US$ are made at a rate of RMB6.7851 to US$1.00, the effective noon buying rate on June 30, 2026, as set forth in the H.10 statistical release of the Federal Reserve Board.
Conference Call
Yiren Digital's management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on September 30, 2026 (or 8:00 p.m. Beijing/Hong Kong Time on September 30, 2026).
Participants who wish to join the call should register online in advance of the conference at:
https://dpregister.com/sreg/10211298/104ad33bf36
Once registration is completed, participants will receive the dial-in details for the conference call.
Additionally, a live and archived webcast of the conference call will be available at:
https://ir.yiren.com
[1] "Repeat borrowers' loan amount" refers to the proportion of total loan facilitation and origination volume through the Yixianghua platform in a given period that is generated by borrowers who have previously completed at least one successful drawdown during that period.
[2] "Adjusted EBITDA" is a non-GAAP financial measure. For more information, please see the final section and table captioned "Reconciliation of Adjusted EBITDA" at the end of this press release.
[3] "Delinquency rates" refers to the outstanding principal balance of loans that were 1-30 days, 31-60 days and 61-90 days past due as a percentage of the total performing outstanding principal balance of loans as of a specific date. Loans originating outside mainland China are not included in the calculation. A performing loan is one that is being repaid according to the agreed terms and has not become delinquent for more than 90 days.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "aim," "anticipate," "believe," "estimate," "expect," "hope," "going forward," "intend," "ought to," "plan," "project," "potential," "seek," "may," "might," "can," "could," "will," "would," "shall," "should," "is likely to" and the negative form of these words and other similar expressions. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident," and similar expressions. Forward-looking statements are based on management's current expectations, assumptions, and assessments of current market and operating conditions. These statements involve inherent risks, uncertainties, and other factors, many of which are outside the control of the Company, and which could cause actual results to differ materially from those expressed or implied in such statements. Actual results may differ materially from those expressed or implied in forward-looking statements due to a variety of factors and other risks described in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company undertakes no, and expressly disclaims any, obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable law.
About Yiren Digital
Yiren Digital Ltd. is a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. Following the regulatory filing of its in-house developed Large Language Model Zhiyu and the significant enhancement of its MagiCube Agent platform, Yiren Digital is establishing a new growth engine to accelerate its evolution into an AI-native, multi-industry operating platform extending beyond traditional financial services. For more information, please visit https://ir.yiren.com.
Prepayment of acquisition costs to a related party under common
control *
-
-
(1,450,000)
(213,704)
Total Yiren Digital Ltd shareholders' equity
9,272,037
8,765,714
6,851,454
1,009,779
Non-controlling interests
-
13,984
11,162
1,645
Total equity
9,272,037
8,779,698
6,862,616
1,011,424
Total liabilities and equity
13,454,955
12,503,337
9,581,011
1,412,066
* This balance represents the prepaid acquisition consideration made to a related party under common control for the Company's proposed
acquisition and was reclassified from amounts due from related parties to equity account because there is uncertainty on the completion of
the acquisition as well as the net assets of the acquisition target upon completion. The Company targets to close the acquisition during 2026,
subject to regulatory approval.
Unaudited Condensed Consolidated Statements of Operations
(in thousands, except for share, per share and per ADS data, and percentages)
For the Three Months Ended
For the Six Months Ended
June 30,
2025
March 31,
2026
June 30,
2026
June 30,
2026
June 30,
2025
June 30,
2026
June 30,
2026
RMB
RMB
RMB
USD
RMB
RMB
USD
Net revenue:
Loan facilitation services
874,584
(3,909)
31,120
4,587
1,616,978
27,211
4,010
Post-origination services
10,463
(41)
814
120
12,207
773
114
Guarantee services
316,942
519,155
493,806
72,778
635,339
1,012,961
149,292
Financing services
65,821
66,145
68,136
10,042
107,708
134,281
19,790
Insurance brokerage services
58,137
87,160
67,296
9,918
129,597
154,456
22,764
Electronic commerce services
93,962
921
1,908
281
278,036
2,829
417
Network and marketing services *
138,268
145,697
122,633
18,074
262,626
268,330
39,547
Technology services *
90,532
98,129
95,896
14,133
159,122
194,025
28,596
Others *
3,391
1,883
8,370
1,234
5,013
10,253
1,511
Total net revenue
1,652,100
915,140
889,979
131,167
3,206,626
1,805,119
266,041
Operating costs and expenses:
Sales and marketing
345,166
113,569
126,863
18,697
622,118
240,432
35,435
Origination,servicing and other operating costs
160,859
197,552
189,608
27,945
385,597
387,160
57,060
Research and development
107,693
108,933
113,109
16,670
193,647
222,042
32,725
General and administrative
78,862
70,504
75,816
11,174
174,699
146,320
21,565
Allowance for contract assets, receivables and others
214,698
176,424
502,821
74,107
367,503
679,245
100,109
Provision for contingent liabilities
385,674
632,219
233,289
34,382
796,437
865,508
127,560
Total operating costs and expenses
1,292,952
1,299,201
1,241,506
182,975
2,540,001
2,540,707
374,454
Other income/(loss):
Investment income
2,245
1,318
12,417
1,830
4,217
13,735
2,024
Interest income
22,353
12,498
12,310
1,814
44,587
24,808
3,657
Fair value adjustments gain/(loss)
28,018
(89,036)
(97,815)
(14,416)
(30,358)
(186,851)
(27,538)
Others, net
14,084
1,591
429
63
14,758
2,020
298
Total other income/(loss)
66,700
(73,629)
(72,659)
(10,709)
33,204
(146,288)
(21,559)
Income/(loss) before provision for income taxes
425,848
(457,690)
(424,186)
(62,517)
699,829
(881,876)
(129,972)
Share of results of equity investees
(4,431)
-
(371)
(55)
(4,560)
(371)
(55)
Income tax expense/(benefit)
63,877
37,024
25,058
3,693
90,223
62,082
9,150
Net income/(loss)
357,540
(494,714)
(449,615)
(66,265)
605,046
(944,329)
(139,177)
Net loss/(income) attributable to non-controlling interests
-
1,173
2,823
416
-
3,996
589
Net income/(loss) attributable to ordinary shareholders of
the Company
357,540
(493,541)
(446,792)
(65,849)
605,046
(940,333)
(138,588)
Weighted-average number of ordinary shares used in
computing basic net income/(loss) per share
172,907,793
174,951,573
174,976,922
174,976,922
172,854,331
174,964,318
174,964,318
Basic net income/(loss) per share attributable to
ordinary shareholders of the Company
2.0678
(2.8210)
(2.5534)
(0.3763)
3.5003
(5.3744)
(0.7921)
Basic diluted net income/(loss) per ADS attributable to
ordinary shareholders of the Company
4.1356
(5.6420)
(5.1068)
(0.7526)
7.0006
(10.7488)
(1.5842)
Weighted-average number of ordinary shares used in
computing diluted net income/(loss) per share
174,102,643
174,951,573
174,976,922
174,976,922
174,019,493
174,964,318
174,964,318
Diluted net income/(loss) per share attributable to
ordinary shareholders of the Company
2.0536
(2.8210)
(2.5534)
(0.3763)
3.4769
(5.3744)
(0.7921)
Diluted net income/(loss) per ADS attributable to
ordinary shareholders of the Company
4.1072
(5.6420)
(5.1068)
(0.7526)
6.9538
(10.7488)
(1.5842)
Unaudited Condensed Consolidated Cash Flow Data
Net cash generated from/(used in) operating activities
411,224
(655,588)
(1,029,107)
(151,672)
889,874
(1,684,695)
(248,293)
Net cash used in/(provided by) investing activities
(752,200)
(24,764)
454,017
66,914
(897,790)
429,253
63,264
Net cash provided by/(used in) financing activities
447,588
(345,590)
(469,907)
(69,256)
367,012
(815,497)
(120,190)
Effect of foreign exchange rate changes
(9,412)
(8,389)
(9,604)
(1,415)
(7,045)
(17,993)
(2,652)
Net increase/(decrease) in cash, cash equivalents and restricted cash
97,200
(1,034,331)
(1,054,601)
(155,429)
352,051
(2,088,932)
(307,871)
Cash, cash equivalents and restricted cash, beginning of
period
4,356,408
3,870,834
2,836,503
418,048
4,101,557
3,870,834
570,490
Cash, cash equivalents and restricted cash, end of period
4,453,608
2,836,503
1,781,902
262,619
4,453,608
1,781,902
262,619
* Given the Company's diversified revenue streams, Network and marketing services and Technology services are now separately presented from Other revenue, with the remaining balance classified as Others. Comparative figures for the prior period have been restated.
Operating Highlights and Reconciliation of GAAP to Non-GAAP Measures
(in thousands, except for number of borrowers, number of insurance clients, cumulative number of insurance clients and percentages)
For the Three Months Ended
For the Six Months Ended
June 30,
2025
March 31,
2026
June 30,
2026
June 30,
2026
June 30,
2025
June 30,
2026
June 30,
2026
RMB
RMB
RMB
USD
RMB
RMB
USD
Operating Highlights
Amount of loans facilitated
20,347,799
8,910,760
6,302,596
928,888
35,585,722
15,213,356
2,242,171
Number of borrowers
1,637,912
531,500
424,489
424,489
2,466,710
832,248
832,248
Remaining principal of performing loans
31,220,078
21,603,502
15,107,343
2,226,547
31,220,078
15,107,343
2,226,547
Cumulative number of insurance clients
1,681,888
2,357,951
2,712,793
2,712,793
1,681,888
2,712,793
2,712,793
Number of insurance clients
118,747
397,854
452,962
452,962
187,833
789,960
789,960
Gross written premiums
850,080
822,991
838,859
123,633
1,651,878
1,661,850
244,926
First year premium
440,353
536,332
532,946
78,547
852,850
1,069,278
157,592
Renewal premium
409,727
286,659
305,913
45,086
799,028
592,572
87,334
Segment Information
Credit solution business:
Revenue
1,489,587
795,746
777,638
114,610
2,784,067
1,573,384
231,888
Sales and marketing expenses
332,405
80,760
82,462
12,154
593,308
163,222
24,056
Origination, servicing and other operating costs
105,617
140,143
116,554
17,178
246,240
256,697
37,832
Allowance for contract assets, receivables and others
216,260
174,866
502,956
74,127
368,372
677,822
99,899
Provision for contingent liabilities
385,674
632,219
233,289
34,382
796,437
865,508
127,560
Insurance brokerage business:
Revenue
58,137
87,160
67,296
9,918
129,597
154,456
22,764
Sales and marketing expenses
2,731
2,388
20,922
3,083
5,526
23,310
3,435
Origination, servicing and other operating costs
52,683
54,475
69,044
10,176
134,123
123,519
18,205
Allowance for contract assets, receivables and others
564
(117)
107
16
(14)
(10)
(1)
Others:
Revenue
104,376
32,234
45,045
6,639
292,962
77,279
11,389
Sales and marketing expenses
10,030
30,421
23,479
3,460
23,284
53,900
7,944
Origination, servicing and other operating costs
2,559
2,934
4,010
591
5,234
6,944
1,023
Allowance for contract assets, receivables and others
45
188
107
16
(1,949)
295
43
Reconciliation of Adjusted EBITDA
Net income/(loss)
357,540
(494,714)
(449,615)
(66,265)
605,046
(944,329)
(139,177)
Interest income and investment income, net
(24,598)
(13,816)
(24,727)
(3,644)
(48,804)
(38,543)
(5,681)
Income tax expense/(benefit)
63,877
37,024
25,058
3,693
90,223
62,082
9,150
Depreciation and amortization
2,643
3,561
3,711
547
4,940
7,272
1,072
Share-based compensation
6,932
2,071
1,821
269
9,119
3,892
574
Fair value adjustments related to digital assets and
financial investments
(54,979)
129,059
103,064
15,190
15,845
232,123
34,210
Adjusted EBITDA
351,415
(336,815)
(340,688)
(50,210)
676,369
(677,503)
(99,852)
Adjusted EBITDA margin
21.3 %
-36.8 %
-38.3 %
-38.3 %
21.1 %
-37.5 %
-37.5 %
Delinquency Rates
1-30 days
31-60 days
61-90 days
December 31, 2022
1.7 %
1.2 %
1.1 %
December 31, 2023
2.0 %
1.4 %
1.2 %
December 31, 2024
1.6 %
1.2 %
1.1 %
December 31, 2025
3.4 %
3.0 %
2.8 %
March 31, 2026
2.5 %
2.7 %
3.2 %
June 30, 2026
2.5 %
2.0 %
2.4 %
90+ Days Delinquency Rates by Vintage
Loan Issued
Period
Month on Book
4
6
8
10
12
14
16
18
20
22
24
2022Q1
0.6 %
2.0 %
3.1 %
3.9 %
4.5 %
4.7 %
4.6 %
4.6 %
4.5 %
4.5 %
4.4 %
2022Q2
0.5 %
1.7 %
2.9 %
3.7 %
4.2 %
4.4 %
4.3 %
4.3 %
4.2 %
4.2 %
4.1 %
2022Q3
0.5 %
2.1 %
3.4 %
4.2 %
4.7 %
5.0 %
4.9 %
4.9 %
4.8 %
4.7 %
4.7 %
2022Q4
0.7 %
2.5 %
3.8 %
4.8 %
5.5 %
5.8 %
5.8 %
5.7 %
5.6 %
5.5 %
5.4 %
2023Q1
0.5 %
2.3 %
3.9 %
5.0 %
5.8 %
6.1 %
6.0 %
5.9 %
5.8 %
5.7 %
5.6 %
2023Q2
0.6 %
2.8 %
4.7 %
6.1 %
6.8 %
7.1 %
7.0 %
6.9 %
6.8 %
6.7 %
6.6 %
2023Q3
0.8 %
3.5 %
5.6 %
7.0 %
7.7 %
7.9 %
7.9 %
7.7 %
7.6 %
7.5 %
7.5 %
2023Q4
0.7 %
3.4 %
5.6 %
6.8 %
7.4 %
7.6 %
7.6 %
7.4 %
7.3 %
7.3 %
7.2 %
2024Q1
0.6 %
3.0 %
4.8 %
5.9 %
6.6 %
6.8 %
6.8 %
6.7 %
6.6 %
6.6 %
6.5 %
2024Q2
0.6 %
2.4 %
4.0 %
5.1 %
5.8 %
6.1 %
6.1 %
6.0 %
5.9 %
5.8 %
5.8 %
2024Q3
0.5 %
2.2 %
3.7 %
4.7 %
5.4 %
5.8 %
5.8 %
5.7 %
5.7 %
5.5 %
2024Q4
0.6 %
2.2 %
3.8 %
4.9 %
5.9 %
6.4 %
6.4 %
6.3 %
6.0 %
2025Q1
0.6 %
2.3 %
4.2 %
6.0 %
7.2 %
7.8 %
7.4 %
2025Q2
0.8 %
3.5 %
6.6 %
8.9 %
10.0 %
9.4 %
2025Q3
1.1 %
4.8 %
8.0 %
10.0 %
2025Q4
1.1 %
4.3 %
7.6 %
2026Q1
0.7 %
*The 90+ days delinquency rate by vintage refers to the outstanding principal balance of loans facilitated over
a specified period that are more than 90 days past due, as a percentage of the total loans facilitated during that
same period. Loans originating outside mainland China are excluded from the calculation.
Yiren Digital oznámila, že zveřejní neauditované výsledky za 2. čtvrtletí 2026 před otevřením trhu v USA 30. září 2026. Téhož dne uspořádá konferenční hovor k výsledkům.
, /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2026 before U.S. market opens on Wednesday, September 30, 2026.
Yiren Digital's management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on September 30, 2026 (or 8:00 p.m. Beijing/Hong Kong Time on September 30, 2026).
Participants who wish to join the call should register online in advance of the conference at: https://dpregister.com/sreg/10211298/104ad33bf36.
Once registration is completed, participants will receive the dial-in details for the conference call.
Additionally, a live and archived webcast of the conference call will be available at https://ir.yiren.com.
About Yiren Digital
Yiren Digital Ltd. is a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. Following the regulatory filing of its in-house developed Large Language Model Zhiyu, and the significant enhancement of its MagiCube Agent platform, Yiren Digital is establishing a new growth engine to accelerate its evolution into an AI-native, multi-industry operating platform extending beyond traditional financial services. For more information, please visit https://ir.yiren.com.
Hawkeye and DiTing helped prevent RMB165M (approximately US$23M) in fraud losses in 2025, reinforcing Yiren Digital's credit-risk discipline
, /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets, today announced that its AI-powered fraud detection systems intercepted 10,300 fraudulent borrowers across 14,500 cases in 2025, helping avoid RMB165 million (US$23 million) in fraud-related losses and demonstrating how enterprise AI can strengthen credit-risk management through AI-led fraud detection and intelligent decision-making.
As part of its broader "All-in-AI" strategy, Yiren Digital has established a proactive AI risk management framework spanning pre-loan, in-loan and post-loan processes. The framework combines the Company's Hawkeye fraud detection system, the DiTing intelligent decision-making platform, risk models, data analysis and specialist review to identify suspicious activity, improve underwriting quality and support timely intervention.
"Risk management is one of the clearest examples of how AI can create measurable value across highly regulated financial services," said Mr. Ning Tang, Chairman and Chief Executive Officer of Yiren Digital. "Our third-generation AI fraud detection technology represents a significant advancement in financial risk management, enabling more adaptive and precise detection while continuously responding to emerging fraud patterns. Built on years of innovation, this advanced platform is now available as an exportable service, enabling financial institutions and fintech companies to deploy enterprise-grade fraud protection without massive infrastructure investment."
Yiren Digital uses a monitoring-analysis-response-review process to track asset quality, compliance dynamics and other risk indicators, trigger warnings when specified thresholds are reached, and coordinate responses across risk control, legal and other functions, supporting more proactive portfolio risk management.
Its proprietary DiTing system applies AI models to analyze multidimensional information, including credit reports, user behavior and other authorized data, supporting fraud identification, refined credit-risk assessment and more consistent credit decisions. Hawkeye uses accumulated fraud cases and structured feedback to update screening rules and strengthen future detection.
Yiren Digital's AI Fraud Protection at Scale
Fraud losses avoided: In 2025, the Company intercepted 10,300 fraudulent borrowers across 14,500 cases, helping avoid RMB165 million (US$23 million) in losses. Cumulative fraud intelligence: As of the end of 2025, the Company's proprietary blacklist database contained approximately 800 million records. Hawkeye and DiTing had cumulatively identified more than 500,000 suspected fraudulent borrowers and 41,993 malicious actors associated with black-market operations. High-volume screening: DiTing supports AI-driven risk decisions with daily capacity to screen approximately 30,000 potentially risky credentials. Related document and identity-verification tools identify approximately 1,500 counterfeit documents and more than 1,000 video-fraud cases each day. Human oversight and governance: Hawkeye analyzes fraud-risk events using historical cases, risk-assessment results and algorithmic rules, and generates virtual work orders for fraud detection specialists. Automated identification is combined with human review to support consistent, reviewable decisions in higher-risk cases. The Company's fraud detection capabilities are built on its proprietary enterprise AI architecture, including the MagiCube 2.0 multi-agent platform, which provides common infrastructure for enterprise AI deployment across risk management and other core business functions, allowing proven AI capabilities to be deployed more efficiently across the organization.
These production AI deployments illustrate how Yiren Digital is applying enterprise AI beyond workflow automation to strengthen credit-risk management, improve fraud detection, enhance credit decision-making and help reduce potential fraud-related losses across regulated financial services.
Going forward, Yiren Digital will continue strengthening AI-enabled credit-risk management and governance across its credit and insurance operations, while enhancing model monitoring, explainability and human oversight across regulated business lines to support long-term asset quality, operational resilience and responsible AI deployment.
About Yiren Digital
Yiren Digital Ltd. is a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. Following the regulatory filing of its in-house developed Large Language Model Zhiyu, and the significant enhancement of its MagiCube Agent platform, Yiren Digital is establishing a new growth engine to accelerate its evolution into an AI-native, multi-industry operating platform extending beyond traditional financial services. For more information, please visit https://ir.yiren.com.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "aim," "anticipate," "believe," "estimate," "expect," "hope," "going forward," "intend," "ought to," "plan," "project," "potential," "seek," "may," "might," "can," "could," "will," "would," "shall," "should," "is likely to" and the negative form of these words and other similar expressions. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident," and similar expressions. Forward-looking statements are based on management's current expectations, assumptions, and assessments of current market and operating conditions. These statements involve inherent risks, uncertainties, and other factors, many of which are outside the control of the Company, and which could cause actual results to differ materially from those expressed or implied in such statements. Actual results may differ materially from those expressed or implied in forward-looking statements due to a variety of factors and other risks described in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company undertakes no, and expressly disclaims any, obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable law.
Yiren Digital uvedla, že AI v zákaznických operacích dosahuje 98,7% míry odpovědí a téměř 80% míry samostatného vyřešení problémů. Denně také zpracuje asi 1 500 hodin převodu řeči na text.
AI-enabled customer operations achieve a 98.7% answer rate, nearly 80% autonomous problem resolution and approximately 1,500 hours of daily speech-to-text processing
, /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets, today announced the continued expansion of AI deployment across customer operations, including intelligent customer service, outbound communications, quality controls and workflow automation.
Customer operations encompass some of the Company's highest-volume workflows, spanning service, sales and asset-recovery interactions. Deploying AI across these high-volume workflows illustrates how the Company is extending AI beyond discrete task automation into shared operational capabilities that can be applied across additional business functions over time.
"Customer operations represent a proven example of how agent-driven execution can create value at scale," said Mr. Ning Tang, Chairman and Chief Executive Officer of Yiren Digital. "By embedding AI into high-volume workflows, we are expanding service capacity and responsiveness while enabling our teams to focus on cases that require greater judgment and human engagement. These module deployments provide a solid foundation to support our future expansion into AI-powered business beyond fintech."
AI-Enabled Customer Operations at Scale
Yiren Digital's self-developed AI agent platform, MagiCube 2.0, serves as the Company's enterprise AI operating platform, providing the common infrastructure for AI agent deployment. XuanJi, the Company's AI-driven workflow execution layer, supports repetitive, high-volume processes such as outbound customer service, telesales, insurance proposal generation, lending operations and post-sale engagement. Together, these systems enable AI deployment across multiple customer-facing workflows through a unified enterprise architecture.
Current examples of AI deployment across customer operations and related outcomes include:
Intelligent customer service: The Qingniao intelligent customer-service system achieved a 98.7% answer rate, and its text-based service agent's autonomous problem-resolution rate increased from 60% to nearly 80%.
Voice-AI: The Fengchao AI voice agent supports approximately 1,500 hours of real-time speech-to-text processing per day, with recognition accuracy as high as 97.8%.
Automated quality assurance: A quality-inspection agent performs real-time checks on more than 2 million sales records daily, supporting consistent review at a scale that would be difficult to achieve through manual processes alone.
24/7 customer support: The Company's credit business operates a 24/7 AI-assisted outbound-call customer-service center, extending service availability and supporting high-volume customer communications.
In addition to AI-enhanced customer solutions, all customer complaints were handled within 24 hours in 2025, and the Company's complaint-handling success rate reached 100% with total complaint volume decreasing by 35.97% year over year. These results reflect the Company's broader customer-protection and service-management efforts.
Embedding AI Across Customer Operations
Together, these deployments demonstrate how Yiren Digital is extending AI beyond standalone applications into core customer operations. By integrating AI agents, workflow execution and automated quality controls within a unified enterprise architecture, the Company is building a more consistent and scalable operating model while supporting its long-term transition toward an AI-native, multi-industry operating platform.
Yiren Digital will continue expanding AI deployment across customer acquisition, customer service, quality assurance and post-sale engagement, supported by centralized orchestration and governance across regulated business lines.
About Yiren Digital
Yiren Digital Ltd. is a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. Following the regulatory filing of its in-house developed Large Language Model Zhiyu, and the significant enhancement of its MagiCube Agent platform, Yiren Digital is establishing a new growth engine to accelerate its evolution into an AI-native, multi-industry operating platform extending beyond traditional financial services. For more information, please visit https://ir.yiren.com.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "aim," "anticipate," "believe," "estimate," "expect," "hope," "going forward," "intend," "ought to," "plan," "project," "potential," "seek," "may," "might," "can," "could," "will," "would," "shall," "should," "is likely to" and the negative form of these words and other similar expressions. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident," and similar expressions. Forward-looking statements are based on management's current expectations, assumptions, and assessments of current market and operating conditions. These statements involve inherent risks, uncertainties, and other factors, many of which are outside the control of the Company, and which could cause actual results to differ materially from those expressed or implied in such statements. Actual results may differ materially from those expressed or implied in forward-looking statements due to a variety of factors and other risks described in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company undertakes no, and expressly disclaims any, obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable law.
Yiren Digital oznámila měřitelné zlepšení provozní efektivity po nasazení AI agentů napříč klíčovými firemními procesy. Ve vymáhání pohledávek klesl podíl ručního zpracování z 45,0 % na 24,9 %.
Broader AI adoption improves productivity across asset recovery and enterprise operations
, /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets, today announced measurable operating efficiency improvements as it continues to deploy AI agents across core enterprise workflows. Broader AI adoption is reducing manual intervention, increasing workforce productivity and creating greater operating leverage by automating high-volume processes across multiple business functions.
These deployments are a key component of Yiren Digital's "All-in-AI" strategy and its broader transition from AI-assisted productivity toward agent-driven execution. By embedding AI agents into core workflows, the Company is creating reusable operating capabilities that can be deployed across its businesses, supporting greater efficiency and reducing the cost of extending automation into new functions.
"Our objective is not simply to automate individual tasks, but to fundamentally improve how work is performed across the enterprise," said Mr. Ning Tang, Chairman and Chief Executive Officer of Yiren Digital. "As AI agents take on more of our high-volume, demanding workflows, the productivity gains are becoming a structural part of how we run the business, not a one-time efficiency project. We will continue to deepen AI integration across our existing businesses while extending reusable capabilities into additional verticals."
The AI deployments are supported by the Company's proprietary enterprise AI architecture, including MagiCube 2.0, its upgraded multi-agent platform. The platform provides common infrastructure for agents deployed across marketing, customer service, capital operations, risk management, compliance and research and development, with more than 10 reusable foundational capabilities, supporting enterprise-wide execution.
Measurable Operating Impact
Lower manual intervention: The human handling rate in asset-recovery operations decreased from 45.0% to 24.9%, representing a 20.1-percentage-point decline, an approximately 44.6% relative reduction in manual intervention.
Higher staff productivity: The number of service tickets handled per asset-recovery staff member within the applicable Month 1 workflow increased from 358 to 525, an improvement of approximately 47%.
Expanded agent adoption: AI agents accounted for 81% of service tickets within eligible Day 1 asset-recovery workflows in 2025, up from 50% in 2024. The Company also deployed AI agents selectively in later-stage workflows, accounting for 20% of eligible service tickets at Day 4, 14% at Day 16 and 20% at Month 2. Each percentage is calculated separately for the relevant stage and should not be interpreted as a sequential adoption trend.
Enterprise-wide reuse: MagiCube 2.0 supports agent deployment across six enterprise functions, allowing the Company to apply common AI capabilities to a broader range of regulated and high-volume workflows.
Enterprise-scale AI execution: The Fengchao AI voice agent processes approximately 1,500 hours of real-time speech-to-text activity each day. The LingShu intelligent marketing platform executes more than 1,700 tasks daily and generates individualized communication content in an average of 0.6 seconds.
Building Enterprise Operating Leverage Through AI
As AI deployment expands across the enterprise, Yiren Digital is increasingly shifting repetitive, high-volume tasks from human-assisted processes toward agent-driven execution. By combining AI agents with centralized orchestration and governance, the Company is improving operating consistency, strengthening workforce productivity and creating reusable capabilities that increase operating leverage as AI is deployed across additional business functions.
Yiren Digital plans to continue expanding agent-driven workflows across its credit and insurance operations, as part of its ongoing All-in-AI strategy, while strengthening the shared architecture and governance that support enterprise-wide AI deployment. These capabilities are designed to scale across multiple use cases and provide a foundation for the Company's broader expansion into AI application-layer opportunities, including AI entertainment and AI-assisted language learning.
About Yiren Digital
Yiren Digital Ltd. is a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. Following the regulatory filing of its in-house developed Large Language Model Zhiyu, and the significant enhancement of its MagiCube Agent platform, Yiren Digital is establishing a new growth engine to accelerate its evolution into an AI-native, multi-industry operating platform extending beyond traditional financial services. For more information, please visit https://ir.yiren.com.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "aim," "anticipate," "believe," "estimate," "expect," "hope," "going forward," "intend," "ought to," "plan," "project," "potential," "seek," "may," "might," "can," "could," "will," "would," "shall," "should," "is likely to" and the negative form of these words and other similar expressions. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident," and similar expressions. Forward-looking statements are based on management's current expectations, assumptions, and assessments of current market and operating conditions. These statements involve inherent risks, uncertainties, and other factors, many of which are outside the control of the Company, and which could cause actual results to differ materially from those expressed or implied in such statements. Actual results may differ materially from those expressed or implied in forward-looking statements due to a variety of factors and other risks described in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company undertakes no, and expressly disclaims any, obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable law.
Yiren Digital uzavřela warrantovou smlouvu s neveřejnou platformou s AI pro zábavu a emoční pohodu, čímž rozšiřuje svou strategii „All-in-AI“. Firma má po splnění podmínek možnost získat kontrolní podíl.
Staged Investment Rights Provide a Pathway Toward Potential Majority Ownership in a Fast-Growing, Internationally Focused AI Application Company
, /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets, today announced that it has entered into a warrant agreement with a privately held AI-native company (the "Target Company") focused on immersive AI entertainment and emotional wellness with a predominantly international footprint. The arrangement further advances the Company's "All-in-AI" strategy and its expansion into the AI entertainment and emotional wellness vertical.
The name of the Target Company is not disclosed due to confidentiality obligation. The agreement marks the fourth AI company with which Yiren Digital has entered into a warrant agreement, reflecting the Company's disciplined approach to acquiring potential controlling interests while deploying capital efficiently to create long-term shareholder value. Under the agreement, the Company has the right to exercise the warrant, to acquire a combination of existing and newly issued shares at a predetermined price with the objective of becoming the controlling shareholder. These rights are staged investment rights and do not constitute current control, de facto control, or consolidation. Any future change in ownership will occur only upon satisfaction of contractual conditions and completion of required payments, and all subsequent exercises will be subject to applicable regulatory requirements and corporate governance procedures. Upon completion of the warrant exercise, the Target Company is expected to become part of Yiren Digital's forthcoming AI Entertainment and Emotional Wellness business segment.
The Target Company operates in the rapidly growing AI-powered digital companion market, a key segment within AI entertainment. Its platform offers immersive, story-driven AI experiences designed to foster deep user engagement while providing personalized companionship experiences through intelligent AI interactions. By combining rich storytelling with adaptive AI characters, the platform creates meaningful user experiences that extend beyond conventional chatbot applications. The Target Company has established a leading position across Southeast Asia and Greater China, including Vietnam, Thailand, and Taiwan region, and is developing its own proprietary, purpose-built AI roleplay model. By combining high-quality user interactions with proprietary model development, the Target Company aims to create a self-reinforcing data and model improvement cycle that continuously enhances user experience.
"We believe the future of AI lies not only in improving productivity, but also in creating richer and more meaningful human experiences," said Mr. Ning Tang, Chairman and Chief Executive Officer of Yiren Digital. "Platforms that combine immersive content, emotional engagement, and proprietary AI technologies represent an exciting new frontier. We will continue to invest in AI-native businesses that complement our ecosystem in order to create long-term value for our users and shareholders."
Expanding into AI Entertainment
The Target Company operates in AI companionship and roleplay entertainment, an emerging segment of AI entertainment that Yiren Digital believes represents one of the consumer AI formats with the clearest user demand and monetization potential. Through this and related investments, the Company aims to build a leading presence in AI entertainment, combining immersive, narrative-driven experiences with Yiren Digital's proprietary AI capabilities, operating resources and commercialization experience.
User Traction and International Momentum
According to unaudited operating data provided by the Target Company, as of June 2026, the platform had reached over 3 million cumulative users and over 150,000 cumulative paying users, with a DAU/MAU ratio of approximately 44%, and an unaudited annualized revenue run-rate exceeding US$10 million. The business is predominantly international, with strong momentum across selected Southeast Asian and Greater China markets, including Thailand, Vietnam and Taiwan region. Building on this regional traction, the Target Company intends to expand its marketing and user acquisition efforts in the United States and other Western markets.
Advancing Yiren Digital's AI Application-Layer Strategy
Yiren Digital views AI entertainment and emotional wellness as an important extension of its AI application-layer strategy, providing large-scale consumer engagement, proprietary interaction data and recurring monetization opportunities that complement its established fintech platform. In this sector, the Company intends to pursue a disciplined path to scale while continuing to evaluate additional investment and collaboration opportunities in AI-native consumer applications. If the warrant is exercised and all applicable conditions are satisfied, the Target Company could become an important part of Yiren Digital's AI entertainment and emotional wellness vertical.
About Yiren Digital
Yiren Digital Ltd. is a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. Following the regulatory filing of its in-house developed Large Language Model Zhiyu, and the significant enhancement of its MagiCube Agent platform, Yiren Digital is establishing a new growth engine to accelerate its evolution into an AI-native, multi-industry operating platform extending beyond traditional financial services. For more information, please visit https://ir.yiren.com.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "aim," "anticipate," "believe," "estimate," "expect," "hope," "going forward," "intend," "ought to," "plan," "project," "potential," "seek," "may," "might," "can," "could," "will," "would," "shall," "should," "is likely to" and the negative form of these words and other similar expressions. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident," and similar expressions. Forward-looking statements are based on management's current expectations, assumptions, and assessments of current market and operating conditions. These statements involve inherent risks, uncertainties, and other factors, many of which are outside the control of the Company, and which could cause actual results to differ materially from those expressed or implied in such statements. Actual results may differ materially from those expressed or implied in forward-looking statements due to a variety of factors and other risks described in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company undertakes no, and expressly disclaims any, obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable law.
, /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading fintech company specializing in digital consumer lending, insurance and financial technology innovation across China and global markets, today announced that its board of directors has authorized a new share repurchase program, under which the Company may repurchase up to 10% of total issued and outstanding Ordinary Shares and/or American depositary shares ("ADSs") for up to US$20 million over the next 12 months, effective as of the date hereof.
The Company's proposed repurchases may be made from time to time in the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, including through Rule 10b5-1 trading plans, depending on market conditions and in accordance with applicable laws, rules and regulations. The timing and amount of repurchases, if any, will be subject to market conditions, trading price, trading volume and other factors. The Company's board of directors will review the share repurchase program periodically and may authorize adjustments to its terms and size. The Company expects to fund the repurchases from its existing cash balance.
About Yiren Digital
Yiren Digital Ltd. is a leading fintech company specializing in digital consumer lending, insurance, and financial technology innovation across China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. Following the regulatory filing of its in-house developed Large Language Model Zhiyu, and the significant enhancement of its MagiCube Agent platform, Yiren Digital is establishing a new growth engine to accelerate its evolution into an AI-native, multi-industry operating platform extending beyond traditional financial services. For more information, please visit https://ir.yiren.com.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "aim," "anticipate," "believe," "estimate," "expect," "hope," "going forward," "intend," "ought to," "plan," "project," "potential," "seek," "may," "might," "can," "could," "will," "would," "shall," "should," "is likely to" and the negative form of these words and other similar expressions. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident," and similar expressions. Forward-looking statements are based on management's current expectations, assumptions, and assessments of current market and operating conditions. These statements involve inherent risks, uncertainties, and other factors, many of which are outside the control of the Company, and which could cause actual results to differ materially from those expressed or implied in such statements. Actual results may differ materially from those expressed or implied in forward-looking statements due to a variety of factors and other risks described in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company undertakes no, and expressly disclaims any, obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable law.
Yiren Digital za 1. čtvrtletí vykázala čistou ztrátu RMB494,7 mil. oproti zisku RMB247,5 mil. před rokem. Tržby klesly na RMB915,1 mil. z RMB1,5545 mld.
, /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading fintech company specializing in digital consumer lending, insurance and financial technology innovation across China and global markets, today announced its unaudited financial results for the first quarter ended March 31, 2026.
First Quarter 2026 Operational Results
Credit Solution Business
Total loans facilitated in the first quarter of 2026 were RMB8.9 billion (US$1.3 billion), representing a decrease of 26% compared to RMB12.0 billion in the fourth quarter of 2025, and a decrease of 42% compared to RMB15.2 billion in the same period of 2025. Number of borrowers served in the first quarter of 2026 was 531,500, representing a decrease of 28% compared to 742,444 in the fourth quarter of 2025, and a decrease of 61% compared to 1,375,406 in the same period of 2025. Repeat borrowers' loan amount[1] accounted for 78% of the total loans facilitated in the first quarter of 2026, compared to 77% in the fourth quarter of 2025, and 74% in the same period of 2025. Cumulative number of borrowers served reached 14,518,023 as of March 31, 2026, representing an increase of 2% from 14,295,499 as of December 31, 2025, and an increase of 12% from 12,909,436 as of March 31, 2025. Average loan size was RMB11,991 during the first quarter of 2026, an increase of 5% from RMB11,454 in the fourth quarter of 2025, and an increase of 67% from RMB7,176 in the same period of 2025. Outstanding balance of performing loans facilitated was RMB21.6 billion (US$3.1 billion) as of March 31, 2026, representing a decrease of 24% from RMB28.6 billion as of December 31, 2025, and a decrease of 21% from RMB27.5 billion as of March 31, 2025. Insurance Brokerage Business
Number of insurance clients during the first quarter of 2026 was 397,854, representing an increase of 49% from 267,730 in the fourth quarter of 2025 and a 413% year-over-year increase from 77,541 in the same period of 2025. Cumulative number of insurance clients was 2,357,951 as of March 31, 2026, representing an increase of 16% from 2,035,550 as of December 31, 2025, and a 48% year-over-year increase from 1,590,394 as of March 31, 2025. Number of new insurance policies in the first quarter of 2026 was 999,575, representing a 21% increase from 824,225 in the fourth quarter of 2025, and a 135% year-over-year increase from 425,044 in the same period of 2025. Recent Developments
All-in-AI Strategic Updates
Enterprise AI Architecture Rollout: The Company's MagiCube multi-agent platform launched an upgraded 2.0 version with two additional specialized layers: XuanJi, the execution layer for facilitating human-to-enterprise workflows, and ZhiNao, the enterprise-AI AgentOS for multi-agent orchestration. The system is currently used within the Company and is being tested for external deployment. The Company also introduced AI Buddy, the employee office co-pilot within its enterprise AI workspace platform, giving knowledge-intensive employees direct access to enterprise data, agentic workflows and approved AI tools, to enable faster decisions and higher productivity. AI Application-Layer Strategic Investments Expansion: The Company has made seed investments in three early-stage, high-growth AI application companies, covering AI entertainment, AI-assisted language learning and AI research productivity tools. "During the first quarter of 2026, we continued to demonstrate resilience and strong execution across our businesses," said Mr. Ning Tang, Chairman and Chief Executive Officer of Yiren Digital. "We maintained a highly disciplined approach in our credit solutions business while driving robust customer growth in our insurance brokerage business, further diversifying our revenue streams. At the same time, we are rapidly advancing our 'All-in-AI' strategy, deepening AI integration across our existing operations and actively expanding our AI application portfolio. Each of these steps accelerates our evolution into an AI-native, multi-industry operating platform, which we expect will unlock significant new growth and enduring value for our Company."
"The credit performance of our newly originated loan assets continued to improve during the quarter, and the overall quality of our loan portfolio has successfully stabilized," Mr. William Hui, Chief Financial Officer of Yiren Digital, said. "The underlying risk trends of our legacy book continue to improve, and we expect to see more meaningful profitability gains in the second half of the year. Meanwhile, we remain focused on optimizing capital allocation and improving investment efficiency to further strengthen our financial position and long-term competitiveness."
First Quarter 2026 Financial Results
Total net revenue in the first quarter of 2026 was RMB915.1 million (US$132.7 million), compared to RMB957.6 million in the fourth quarter of 2025, representing a decrease of 41% from RMB1,554.5 million in the same period of 2025.
Within this, revenue from the credit solution business was RMB795.7 million (US$115.4 million), representing a slight decrease of 4% from RMB832.7 million in the fourth quarter of 2025, and a decrease of 39% compared to the same period in 2025. The decrease was primarily due to lower loan facilitation volume and a reduced service fee rate under the new regulatory framework, as the Company continued to prioritize risk-adjusted growth and maintain a disciplined operating strategy amid evolving market conditions. Revenue from the credit solution business accounted for 87% of total net revenue in the first quarter of 2026, unchanged from the fourth quarter of 2025.
Revenue from the insurance brokerage business was RMB87.2 million (US$12.6 million) in the first quarter of 2026, representing an increase of 4% from RMB83.8 million in the fourth quarter of 2025, and an increase of 22% from RMB71.5 million in the same period of 2025. The sequential and year-over-year growth was primarily driven by the continued expansion of the Company's internet distribution business, which has maintained strong momentum since mid-2025. As a result, the internet distribution business contributed 29% of the insurance brokerage business segment's revenue in the first quarter of 2026, compared with 22% in the fourth quarter of 2025, reflecting the ongoing optimization of the Company's business mix and digital distribution capabilities.
Revenue from other businesses was RMB32.2 million (US$4.7 million), compared with RMB41.1 million in the fourth quarter of 2025 and RMB188.6 million in the same period of 2025. The decrease was mainly attributable to the continued scaling down of the e-commerce business.
Sales and marketing expenses in the first quarter of 2026 were RMB113.6 million (US$16.5 million), compared to RMB206.1 million in the fourth quarter of 2025 and RMB277.0 million in the same period of 2025. The decrease was primarily attributable to lower customer acquisition and marketing spending as the Company maintained a disciplined approach to loan facilitation growth. In addition, the contribution of repeat borrowers increased to 78% in the first quarter of 2026 from 74% in the same period of 2025. The cost decline was further supported by improved marketing efficiency driven by AI-assisted precision marketing initiatives.
Origination, servicing and other operating costs in the first quarter of 2026 were RMB197.6 million (US$28.6 million), compared to RMB250.9 million in the fourth quarter of 2025 and RMB224.7 million in the same period of 2025. The cost decrease was primarily attributable to continued operational cost optimization within the insurance brokerage business, driven by the ongoing transition toward more efficient digital distribution channels and a reduced reliance on traditional distribution operations.
Research and development expenses in the first quarter of 2026 were RMB108.9 million (US$15.8 million), compared to RMB121.4 million in the fourth quarter of 2025 and RMB86.0 million in the same period of 2025. The year-over-year increase in R&D expenses was mainly due to increased recruitment of senior AI R&D talent to support the execution of the 2026 All-in-AI strategy.
General and administrative expenses in the first quarter of 2026 were RMB70.5 million (US$10.2 million), compared to RMB43.0 million in the fourth quarter of 2025 and RMB95.8 million in the same period of 2025. The year-over-year decrease was primarily due to enhanced overall corporate efficiency.
Allowance for contract assets, receivables and others in the first quarter of 2026 was RMB176.4 million (US$25.6 million), compared to RMB302.8 million in the fourth quarter of 2025 and RMB152.8 million in the same period of 2025. The year-over-year increase was primarily driven by higher credit loss provisions recognized on accounts receivable, financing receivables and guarantee receivables, partially offset by reduced credit loss provisions on contract assets amid scaled-back loan facilitation activities. The quarter-over-quarter decline mainly reflected stabilized credit performance in the first quarter of 2026, together with no material portfolio revaluation adjustments recorded in the current period—such adjustments had been recorded in the fourth quarter of 2025 from updated expected loss assumptions.
Provision for contingent liabilities in the first quarter of 2026 was RMB632.2 million (US$91.7 million), compared to RMB1,110.1 million in the fourth quarter of 2025 and RMB410.8 million in the same period of 2025. The year-over-year increase was primarily attributable to higher loan volume under the risk-taking model[2] and increased expected loss provisions for newly originated loans. The quarter-over-quarter decline mainly reflected a stabilized asset risk level and no material portfolio revaluation adjustments recorded.
Fair value adjustments loss in the first quarter of 2026 was RMB89.0 million (US$12.9 million), compared to RMB62.0 million in the fourth quarter of 2025 and RMB58.4 million in the same period of 2025. The increase in fair value loss is attributable to fair value adjustment in crypto assets reflecting change in market value of the digital assets.
Income tax expense in the first quarter of 2026 was RMB37.0 million (US$5.4 million).
Net loss for the first quarter of 2026 was RMB494.7 million (US$71.7 million), compared to a net loss of RMB868.2 million in the fourth quarter of 2025 and a net income of RMB247.5 million in the same period of 2025. The year-over-year change was mainly attributable to reduced credit solution business scale, reflecting lower overall loan origination volume, lower service fee rates under the new regulatory framework and higher credit-related costs. The quarter-over-quarter improvement primarily reflects a stabilized risk level and no material portfolio revaluation adjustments recorded with the risk-taking model. The improvement was further supported by improved asset quality, higher revenue contribution from the insurance brokerage business through internet distribution channels, and continued operational efficiency gains driven by AI-enabled cost optimization.
Adjusted EBITDA[3] (non-GAAP) in the first quarter of 2026 was a loss of RMB336.8 million (US$48.8 million), compared to a loss of RMB1,028.5 million in the fourth quarter of 2025 and a gain of RMB325.0 million in the same period of 2025.
Basic and diluted loss per ADS in the first quarter of 2026 were both RMB5.6420 (US$0.8180), compared to basic and diluted loss per ADS of both RMB9.9624 in the fourth quarter of 2025; and basic and diluted income per ADS of RMB2.8646 and RMB2.8460, respectively, in the same period of 2025.
Net cash used in operating activities in the first quarter of 2026 was RMB655.6 million (US$95.0 million), compared to RMB180.8 million used in operating activities in the fourth quarter of 2025, and to RMB478.7 million generated from operating activities in the same period of 2025. The higher net operating cash outflow for the period is primarily attributable to prepayments of operating costs and expenses, longer collection terms for operating receivables and higher indemnity disbursements under the risk-taking model.
Net cash used in investing activities in the first quarter of 2026 was RMB24.8 million (US$3.6 million), compared to RMB29.2 million provided by investing activities in the fourth quarter of 2025 and RMB145.6 million used in investing activities in the same period of 2025.
Net cash used in financing activities in the first quarter of 2026 was RMB345.6 million (US$50.1 million), compared to RMB234.1 million in the fourth quarter of 2025 and RMB80.6 million in the same period of 2025.
As of March 31, 2026, cash and cash equivalents were RMB2,453.1 million (US$355.6 million), compared to RMB3,348.1 million as of December 31, 2025. As of March 31, 2026, the balance of financial investments was RMB507.5 million (US$73.6 million), compared to RMB483.7 million as of December 31, 2025.
As of March 31, 2026, delinquency rates[4] for loans that were past due for 1-30 days, 31-60 days and 61-90 days were 2.5%, 2.7% and 3.2%, respectively, compared to 3.4%, 3.0% and 2.8%, respectively, as of December 31, 2025.
Recent Updates
The Company issued a statement in May regarding media reports relating to certain financial products offered by affiliates of the Company's controlling shareholder. Those matters are unrelated to the Company. Management is monitoring the situation closely and will make further disclosures as required under applicable laws, regulations, and listing standards.
Dividend Policy
Under the Company's semi-annual dividend policy, the Board will review operating results and evaluate the Company's cash dividend policy for the first half of 2026 following the conclusion of the second quarter.
Non-GAAP Financial Measures
In evaluating the business, the Company considers and uses several non-GAAP financial measures, such as adjusted EBITDA and adjusted EBITDA margin as supplemental measures to review and assess operating performance. We believe these non-GAAP measures provide useful information about our core operating results, enhance the overall understanding of our past performance and prospects and allow for greater visibility with respect to key metrics used by our management in our financial and operational decision-making. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The non-GAAP financial measures have limitations as analytical tools. Other companies, including peer companies in the industry, may calculate these non-GAAP measures differently, which may reduce their usefulness as a comparative measure. The Company compensates for these limitations by reconciling the non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. See "Operating Highlights and Reconciliation of GAAP to Non-GAAP measures" at the end of this press release.
Currency Conversion
This announcement contains currency conversions of certain RMB amounts into US$ at specified rates solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to US$ are made at a rate of RMB6.8980 to US$1.00, the effective noon buying rate on March 31, 2026, as set forth in the H.10 statistical release of the Federal Reserve Board.
Conference Call
Yiren Digital's management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on June 25, 2026 (or 8:00 p.m. Beijing/Hong Kong Time on June 25, 2026).
Participants who wish to join the call should register online in advance of the conference at:
https://dpregister.com/sreg/10209861/10439ec2351.
Once registration is completed, participants will receive the dial-in details for the conference call.
Additionally, a live and archived webcast of the conference call will be available at:
https://ir.yiren.com.
[1] "Repeat borrowers' loan amount" refers to the proportion of total loan facilitation and origination volume through Yixianghua platform in a given period that is generated by borrowers who have previously completed at least one successful drawdown during that period.
[2] "The risk-taking model" refers to the framework in which Yiren Digital assumes the credit risk for the loans facilitated on its platform.
[3] "Adjusted EBITDA" is a non-GAAP financial measure. For more information on this non-GAAP financial measure, please see the section of "Operating Highlights and Reconciliations of GAAP to Non-GAAP Measures" and the table captioned "Reconciliations of Adjusted EBITDA" set forth at the end of this press release.
[4] "Delinquency rates" refers to the outstanding principal balance of loans that were 1-30 days, 31-60 days and 61-90 days past due as a percentage of the total performing outstanding principal balance of loans as of a specific date. Loans originating outside mainland China are not included in the calculation. We define a performing loan as one that is being repaid according to the agreed terms and has not become delinquent for more than 90 days.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "aim," "anticipate," "believe," "estimate," "expect," "hope," "going forward," "intend," "ought to," "plan," "project," "potential," "seek," "may," "might," "can," "could," "will," "would," "shall," "should," "is likely to" and the negative form of these words and other similar expressions. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident," and similar expressions. Forward-looking statements are based on management's current expectations, assumptions, and assessments of current market and operating conditions. These statements involve inherent risks, uncertainties, and other factors, many of which are outside the control of the Company, and which could cause actual results to differ materially from those expressed or implied in such statements. Actual results may differ materially from those expressed or implied in forward-looking statements due to a variety of factors and other risks described in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company undertakes no, and expressly disclaims any, obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable law.
About Yiren Digital
Yiren Digital Ltd. is a leading fintech company specializing in digital consumer lending, insurance, and financial technology innovation across China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. Following the regulatory filing of its in-house developed Large Language Model Zhiyu, and the significant enhancement of its MagiCube Agent platform, Yiren Digital is establishing a new growth engine to accelerate its evolution into an AI-native, multi-industry operating platform extending beyond traditional financial services. For more information, please visit https://ir.yiren.com.
Unaudited Condensed Consolidated Statements of Operations
(in thousands, except for share, per share and per ADS data, and percentages)
For the Three Months Ended
March 31,
2025
March 31,
2026
March 31,
2026
RMB
RMB
USD
Net revenue:
Loan facilitation services
742,394
(3,909)
(567)
Post-origination services
1,744
(41)
(6)
Guarantee services
318,397
519,155
75,262
Financing services
41,887
66,145
9,589
Insurance brokerage services
71,460
87,160
12,636
Electronic commerce services
184,074
921
133
Network and marketing services *
124,358
145,697
21,122
Technology services *
68,590
98,129
14,226
Others *
1,622
1,883
273
Total net revenue
1,554,526
915,140
132,668
Operating costs and expenses:
Sales and marketing
276,952
113,569
16,464
Origination,servicing and other operating costs
224,738
197,552
28,639
Research and development
85,954
108,933
15,792
General and administrative
95,837
70,504
10,221
Allowance for contract assets, receivables and others
152,805
176,424
25,576
Provision for contingent liabilities
410,763
632,219
91,653
Total operating costs and expenses
1,247,049
1,299,201
188,345
Other income/(loss):
Investment income
1,281
1,318
191
Interest income
22,925
12,498
1,812
Fair value adjustments loss
(58,376)
(89,036)
(12,908)
Others, net
674
1,591
231
Total other loss
(33,496)
(73,629)
(10,674)
Income/(loss) before provision for income taxes
273,981
(457,690)
(66,351)
Share of results of equity investees
(129)
-
-
Income tax expense
26,346
37,024
5,368
Net income/(loss)
247,506
(494,714)
(71,719)
Net loss attributable to non-controlling interests
-
1,173
171
Net income/(loss) attributable to ordinary shareholders
of the Company
247,506
(493,541)
(71,548)
Weighted-average number of ordinary shares used in
computing basic net income/(loss) per share
172,800,275
174,951,573
174,951,573
Basic net income/(loss) per share attributable to
ordinary shareholders of the Company
1.4323
(2.8210)
(0.4090)
Basic diluted net income/(loss) per ADS
attributable to ordinary shareholders of the
Company
2.8646
(5.6420)
(0.8180)
Weighted-average number of ordinary shares used in
computing diluted net income/(loss) per share
173,935,749
174,951,573
174,951,573
Diluted net income/(loss) per share attributable to
ordinary shareholders of the Company
1.4230
(2.8210)
(0.4090)
Diluted net income/(loss) per ADS attributable to
ordinary shareholders of the Company
2.8460
(5.6420)
(0.8180)
Unaudited Condensed Consolidated Cash Flow Data
Net cash generated from/(used in) operating activities
478,650
(655,588)
(95,040)
Net cash used in investing activities
(145,590)
(24,764)
(3,590)
Net cash used in financing activities
(80,576)
(345,590)
(50,100)
Effect of foreign exchange rate changes
2,367
(8,389)
(1,216)
Net increase/(decrease) in cash, cash equivalents and
restricted cash
254,851
(1,034,331)
(149,946)
Cash, cash equivalents and restricted cash, beginning of
period
4,101,557
3,870,834
561,153
Cash, cash equivalents and restricted cash, end of
period
4,356,408
2,836,503
411,207
* Given the Company's diversified revenue streams, Network and marketing services and Technology services are now
separately presented from Other revenue, with the remaining balance classified as Others. Comparative figures for the prior
period have been restated.
Unaudited Condensed Consolidated Balance Sheets
(in thousands)
As of
December 31,
2025
March 31,
2026
March 31,
2026
RMB
RMB
USD
Cash and cash equivalents
3,348,126
2,453,140
355,631
Restricted cash
522,708
383,363
55,576
Accounts receivable
826,141
911,368
132,121
Guarantee receivable
832,905
868,827
125,953
Contract assets, net
619,291
305,106
44,231
Contract cost
4,287
2,149
312
Prepaid expenses and other assets
1,776,019
1,756,162
254,590
Loans at fair value
342,895
156,134
22,635
Financing receivables
909,182
938,958
136,120
Amounts due from related parties*
2,974,080
3,429,417
497,161
Financial investments
483,700
507,528
73,576
Equity investments
11,528
23,455
3,400
Property, equipment and software, net
50,403
84,630
12,269
Digital Assets
391,267
287,228
41,639
Deferred tax assets
325,094
361,981
52,476
Right-of-use assets
37,329
33,891
4,913
Total assets
13,454,955
12,503,337
1,812,603
Accounts payable
79,630
93,759
13,592
Amounts due to related parties
44,179
14,982
2,172
Guarantee liabilities-stand ready
989,701
1,025,763
148,704
Guarantee liabilities-contingent
1,300,097
1,172,209
169,935
Deferred revenue
227
150
22
Payable to investors of consolidated ABFE
1,294,792
941,068
136,426
Accrued expenses and other liabilities
404,680
406,222
58,890
Deferred tax liabilities
29,854
34,197
4,957
Lease liabilities
39,758
35,289
5,116
Total liabilities
4,182,918
3,723,639
539,814
Ordinary shares
133
134
19
Additional paid-in capital
5,239,550
5,242,914
760,063
Treasury stock
(170,686)
(170,686)
(24,744)
Accumulated other comprehensive income
(2,517)
(17,369)
(2,518)
Retained earnings
4,205,557
3,710,721
537,942
Total Yiren Digital Ltd shareholders' equity
9,272,037
8,765,714
1,270,762
Non-controlling interests
-
13,984
2,027
Total equity
9,272,037
8,779,698
1,272,789
Total liabilities and equity
13,454,955
12,503,337
1,812,603
* The Company has outstanding related party balances due from our controlling shareholder and its affiliates. These
balances are currently performing in accordance with their contractual terms. Should our controlling shareholder fail to
satisfy its payment obligations in the future, we may be required to adjust the carrying value of such related receivables
accordingly.
Operating Highlights and Reconciliation of GAAP to Non-GAAP Measures
(in thousands, except for number of borrowers, number of insurance clients, cumulative number of insurance clients
and percentages)
For the Three Months Ended
March 31,
2025
March 31,
2026
March 31,
2026
RMB
RMB
USD
Operating Highlights
Amount of loans facilitated
15,237,923
8,910,760
1,291,789
Number of borrowers
1,375,406
531,500
531,500
Remaining principal of performing loans
27,458,292
21,603,502
3,131,850
Cumulative number of insurance clients
1,590,394
2,357,951
2,357,951
Number of insurance clients
77,541
397,854
397,854
Gross written premiums
801,798
822,991
119,309
First year premium
412,497
536,332
77,752
Renewal premium
389,301
286,659
41,557
Segment Information
Credit solution business:
Revenue
1,294,480
795,746
115,359
Sales and marketing expenses
260,903
80,760
11,708
Origination, servicing and other operating costs
140,623
140,143
20,317
Allowance for contract assets, receivables and others
152,112
174,866
25,350
Provision for contingent liabilities
410,763
632,219
91,653
Insurance brokerage business:
Revenue
71,460
87,160
12,636
Sales and marketing expenses
2,795
2,388
346
Origination, servicing and other operating costs
81,440
54,475
7,897
Allowance for contract assets, receivables and others
(578)
(117)
(17)
Others:
Revenue
188,586
32,234
4,673
Sales and marketing expenses
13,254
30,421
4,410
Origination, servicing and other operating costs
2,675
2,934
425
Allowance for contract assets, receivables and others
(1,994)
188
27
Reconciliation of Adjusted EBITDA
Net income/(loss)
247,506
(494,714)
(71,719)
Interest income and investment income, net
(24,206)
(13,816)
(2,003)
Income tax expense
26,346
37,024
5,368
Depreciation and amortization
2,297
3,561
516
Share-based compensation
2,187
2,071
300
Fair value adjustments related to digital assets and
financial investments
70,824
129,059
18,710
Adjusted EBITDA
324,954
(336,815)
(48,828)
Adjusted EBITDA margin
20.9 %
-36.8 %
-36.8 %
Delinquency Rates
1-30 days
31-60 days
61-90 days
December 31, 2022
1.7 %
1.2 %
1.1 %
December 31, 2023
2.0 %
1.4 %
1.2 %
December 31, 2024
1.6 %
1.2 %
1.1 %
December 31, 2025
3.4 %
3.0 %
2.8 %
March 31, 2026
2.5 %
2.7 %
3.2 %
90+ Days Delinquency Rates by Vintage*
Loan
Issued Period
Month on Book
4
6
8
10
12
14
16
18
20
22
24
2022Q1
0.6 %
2.0 %
3.1 %
3.9 %
4.5 %
4.7 %
4.6 %
4.6 %
4.5 %
4.5 %
4.4 %
2022Q2
0.5 %
1.7 %
2.9 %
3.7 %
4.2 %
4.4 %
4.3 %
4.3 %
4.2 %
4.2 %
4.1 %
2022Q3
0.5 %
2.1 %
3.4 %
4.2 %
4.7 %
5.0 %
4.9 %
4.9 %
4.8 %
4.7 %
4.7 %
2022Q4
0.7 %
2.5 %
3.8 %
4.8 %
5.5 %
5.8 %
5.8 %
5.7 %
5.6 %
5.5 %
5.4 %
2023Q1
0.5 %
2.3 %
3.9 %
5.0 %
5.8 %
6.1 %
6.0 %
5.9 %
5.8 %
5.7 %
5.6 %
2023Q2
0.6 %
2.8 %
4.7 %
6.1 %
6.8 %
7.1 %
7.0 %
6.9 %
6.8 %
6.7 %
6.6 %
2023Q3
0.8 %
3.5 %
5.6 %
7.0 %
7.7 %
7.9 %
7.9 %
7.7 %
7.6 %
7.5 %
7.5 %
2023Q4
0.7 %
3.4 %
5.6 %
6.8 %
7.4 %
7.6 %
7.6 %
7.4 %
7.3 %
7.3 %
7.2 %
2024Q1
0.6 %
3.0 %
4.8 %
5.9 %
6.6 %
6.8 %
6.8 %
6.7 %
6.6 %
6.6 %
6.5 %
2024Q2
0.6 %
2.4 %
4.0 %
5.1 %
5.8 %
6.1 %
6.1 %
6.0 %
5.9 %
6.0 %
2024Q3
0.5 %
2.2 %
3.7 %
4.7 %
5.4 %
5.8 %
5.8 %
5.7 %
5.5 %
2024Q4
0.6 %
2.2 %
3.8 %
4.9 %
5.9 %
6.4 %
6.3 %
2025Q1
0.6 %
2.3 %
4.2 %
6.0 %
7.2 %
6.9 %
2025Q2
0.8 %
3.5 %
6.6 %
8.3 %
2025Q3
1.1 %
4.8 %
8.0 %
2025Q4
1.2 %
*The 90+ days delinquency rate by vintage refers to the outstanding principal balance of loans facilitated over a specified period that are more than 90 days past due, as a percentage of the total loans facilitated during that same period. Loans originating outside mainland China are excluded from the calculation.