Beijing, October 12, 2026 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) (hereinafter referred to as "Yiren Digital" or the "Company") today announced that it has become aware of a police notice issued on October 12, 2026, stating that Mr. Ning Tang, Executive Chairman and Chief Executive Officer of the Company, has been subjected to criminal compulsory measures in connection with an investigation involving certain affiliates of the Company's controlling shareholder. The Company has not received any official notification from the relevant authorities regarding this investigation and therefore cannot currently comment on the nature, progress, timeline, or potential outcomes of the investigation, or any related legal proceedings.
This investigation and the criminal compulsory measures taken against Mr. Ning Tang may, over an extended period, impair or prevent him from fulfilling his duties as Executive Chairman and CEO of the company. In addition, although this investigation, any related legal proceedings, and any resulting enforcement actions are not directly related to the company’s business, they may still generate negative publicity and have a material adverse impact on the company’s reputation, business, financial condition, and operating performance.
The company continues to operate its business normally and remains committed to ensuring regulatory compliance on the platform. The board of directors and management will continue to oversee company operations and will implement appropriate contingency plans based on the progress of the investigation and its potential impact on the company’s management, operations, and governance.
About Yiren Digital
Yiren Digital Ltd. is a leading company focused on fintech and artificial intelligence innovations across multiple industries in China and global markets. Leveraging advanced AI and emerging technologies, the company enhances customer experience, optimizes capital efficiency, and expands financial inclusion. With its proprietary large language model, “Zhiyu,” completing regulatory filing and its MagiCube Agent platform significantly enhanced, Yiren Digital is building a new growth engine to accelerate its evolution into an AI-native, multi-industry operating platform beyond traditional financial services. For more information, visit https://ir.yiren.com.
Safe Harbor Statement
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