Yiren Digital Ltd. Announces Name Change
30 September 2019 - 8:00PM
Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital” or the “Company”),
previously named as Yirendai Ltd., a leading fintech company in
China, today announced that in an extraordinary general meeting of
the shareholders of the Company held in 10/F, Tower B, Gemdale
Plaza, 91 Jianguo Road, Chaoyang District, Beijing, the People’s
Republic of China on September 30, 2019, the shareholders approved
the proposed change of the Company’s name from “Yirendai Ltd.” to
“Yiren Digital Ltd.”
About Yiren Digital
Yiren Digital Ltd. (NYSE: YRD) is a leading
fintech company in China connecting investors and individual
borrowers. The Company provides an effective solution to address
largely underserved investor and individual borrower demand in
China through online and offline channels to efficiently match
borrowers with investors and execute loan transactions. Yiren
Digital deploys a proprietary risk management system, which enables
the Company to effectively assess the creditworthiness of
borrowers, appropriately price the risks associated with borrowers,
and offer quality loan investment opportunities to investors. Yiren
Digital’s marketplace provides borrowers with quick and convenient
access to consumer credit at competitive prices and investors with
easy and quick access to an alternative asset class with attractive
returns. For more information, please visit
http://ir.yirendai.com.
For investor and media inquiries, please
contact:Yiren DigitalInvestor
RelationsEmail: ir@yirendai.com
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