YRD

Yiren Digital Named As One of the 'Top 100 Annual Growth Public Companies of 2023'

Retrieved on: 
Friday, December 22, 2023

BEIJING, Dec. 22, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company") is pleased to announce its inclusion in the "Top 100 Annual Growth Public Companies of 2023" by Snowball Finance ("Xueqiu"), the renowned investor community in China.

Key Points: 
  • BEIJING, Dec. 22, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company") is pleased to announce its inclusion in the "Top 100 Annual Growth Public Companies of 2023" by Snowball Finance ("Xueqiu"), the renowned investor community in China.
  • The recognition reflects the acknowledgement of Yiren Digital's outstanding performance in the field of financial technology and its high potential for future growth.
  • During Xueqiu's annual selection of growth-oriented public companies, the primary assessment criteria focus on a company's fundamental strength and the growth of the Xueqiu Index.
  • Yiren Digital's inclusion in the "Top 100 Annual Growth Public Companies of 2023" not only serves as a recognition of its past accomplishments but also signifies optimism about its future prospects.

Yiren Digital Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 21, 2023

BEIJING, Nov. 21, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-driven one-stop select financial and lifestyle services platform in China, today announced its unaudited financial results for the quarter ended September 30, 2023.

Key Points: 
  • BEIJING, Nov. 21, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-driven one-stop select financial and lifestyle services platform in China, today announced its unaudited financial results for the quarter ended September 30, 2023.
  • Number of borrowers served in the third quarter of 2023 was 1,204,012, representing an increase of 18.7% from 1,013,972 in the second quarter of 2023 and compared to 737,320 in the same period of 2022.
  • Gross written premiums in the third quarter of 2023 were RMB1,428.5 million (US$195.8 million), representing an increase of 7.2% from RMB1,332.5 million in the second quarter of 2023 and compared to RMB996.9 million in the same period of 2022.
  • Total net revenue in the third quarter of 2023 was RMB1,310.8 million (US$179.7 million), representing an increase of 55.9% from RMB840.7 million in the third quarter of 2022.

Yiren Digital to Report Third Quarter 2023 Financial Results on November 21, 2023

Retrieved on: 
Friday, November 17, 2023

BEIJING, Nov. 17, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-driven one-stop select financial and lifestyle services platform in China, announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2023 before U.S. market opens on Tuesday, November 21, 2023.

Key Points: 
  • BEIJING, Nov. 17, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-driven one-stop select financial and lifestyle services platform in China, announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2023 before U.S. market opens on Tuesday, November 21, 2023.
  • Yiren Digital's management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on November 21, 2023 (or 9:00 p.m. Beijing / Hong Kong Time on November 21, 2023).
  • Participants who wish to join the call should register online in advance of the conference at: https://s1.c-conf.com/diamondpass/10035120-gh876t.html .
  • Additionally, a live and archived webcast of the conference call will be available at the Company's investor relations website at ir.Yirendai.com.

Yiren Digital Reports Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 17, 2023

BEIJING, Aug. 17, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-driven one-stop select financial and lifestyle services platform in China, today announced its unaudited financial results for the quarter ended June 30, 2023.

Key Points: 
  • BEIJING, Aug. 17, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-driven one-stop select financial and lifestyle services platform in China, today announced its unaudited financial results for the quarter ended June 30, 2023.
  • Number of borrowers served in the second quarter of 2023 was 1,013,972 representing an increase of 16.2% from 872,235 in the first quarter of 2023 and compared to 556,094 in the same period of 2022.
  • "Despite a sequentially more challenging macro environment this quarter, we are pleased to report another quarter of solid financial results.," Ms. Na Mei, Chief Financial Officer, commented.
  • Total net revenue in the second quarter of 2023 was RMB1,324.2 million (US$182.6 million), representing an increase of 65% from RMB801.1 million in the second quarter of 2022.

Yiren Digital Announces the Acquisition of Chongqing Jintong

Retrieved on: 
Tuesday, June 27, 2023

BEIJING, June 27, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, today announced that it had entered into an equity transfer agreement (the "Agreement") to acquire 100% equity interest in Chongqing Jintong Financing Guarantee Co., Ltd. ("Chongqing Jintong"), a licensed financing guarantee company in China, for a total cash consideration of RMB204.9 million.

Key Points: 
  • BEIJING, June 27, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, today announced that it had entered into an equity transfer agreement (the "Agreement") to acquire 100% equity interest in Chongqing Jintong Financing Guarantee Co., Ltd. ("Chongqing Jintong"), a licensed financing guarantee company in China, for a total cash consideration of RMB204.9 million.
  • The closing of the transaction is subject to conditions that are customary for transactions of this type and is currently expected to occur in July 2023.
  • Chongqing Jintong was established in 2007 in China with a registered capital of RMB200.0 million.
  • Following the acquisition of Chongqing Jintong, the Company will be able to provide financing guarantee services through Chongqing Jintong, which will help expand its loan facilitation business in China, optimize its service offerings and accelerate the pace of its business development.

Yiren Digital Reports First Quarter 2023 Financial Results

Retrieved on: 
Friday, June 9, 2023

BEIJING, June 9, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, today announced its unaudited financial results for the quarter ended March 31, 2023.

Key Points: 
  • BEIJING, June 9, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, today announced its unaudited financial results for the quarter ended March 31, 2023.
  • Number of borrowers served in the first quarter of 2023 was 872,235 representing an increase of 1.2% from 862,226 in the fourth quarter of 2022 and compared to 508,746 in the same period of 2022.
  • Total net revenue in the first quarter of 2023 was RMB986.3 million (US$143.6 million), representing an increase of 40.0% from RMB704.8 million in the first quarter of 2022.
  • Sales and marketing expenses in the first quarter of 2023 were RMB106.2 million (US$15.5 million), compared to RMB176.2 million in the same period of 2022.

Graphics Processing Unit (GPU) Market Report 2023: Rising Number of Data Centres Coupled With Growing Computing Applications Will Boost Sector

Retrieved on: 
Friday, May 26, 2023

Rising data centres coupled with growing computing applications will boost the graphics processing unit market.

Key Points: 
  • Rising data centres coupled with growing computing applications will boost the graphics processing unit market.
  • As the data centres globally will develop there will be a rise in demand for graphics processing units globally.
  • This shows that the investment in data centres and computing applications is going to increase which will boost the market for GPU.
  • This shows the demand for graphics processing units will be growing at a rapid pace as more countries in the Asia-pacific region are investing in data centres and increased demand for electronic devices will boost the graphics processing units' market growth.

Yiren Digital Files 2022 Annual Report on Form 20-F

Retrieved on: 
Friday, April 28, 2023

BEIJING, April 28, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or "the Company"), a leading digital personal financial management platform in China, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the U.S. Securities and Exchange Commission on April 28, 2023.

Key Points: 
  • BEIJING, April 28, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or "the Company"), a leading digital personal financial management platform in China, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the U.S. Securities and Exchange Commission on April 28, 2023.
  • The annual report can be accessed on the Company's website at https://ir.yirendai.com .
  • The Company will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and holders of American depositary shares upon request.

Yiren Digital Reports Fourth Quarter and Fiscal Year 2022 Financial Results

Retrieved on: 
Thursday, March 16, 2023

BEIJING, March 16, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2022.

Key Points: 
  • BEIJING, March 16, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2022.
  • Total loans facilitated in the fourth quarter of 2022 reached RMB6.8 billion (US$983.5 million), representing an increase of 7.7% from RMB6.3 billion in the third quarter of 2022 and compared to RMB6.2 billion in the fourth quarter of 2021.
  • Number of borrowers served in the fourth quarter of 2022 was 862,226, representing an increase of 16.9% from 737,320 in the third quarter of 2022 and compared to 618,131 in the same period of 2021.
  • Revenue from holistic wealth business was RMB319.8 million (US$46.4 million) in the fourth quarter of 2022, representing a decrease of 14.1% from RMB372.3 million in the fourth quarter of 2021.

Yiren Digital to Report Fourth Quarter and Full Year 2022 Financial Results on March 16, 2023

Retrieved on: 
Monday, March 13, 2023

BEIJING, March 12, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, announced that it plans to release its unaudited financial results for the quarter and full year ended December 31, 2022 before U.S. market opens on Thursday, March 16, 2023.

Key Points: 
  • BEIJING, March 12, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, announced that it plans to release its unaudited financial results for the quarter and full year ended December 31, 2022 before U.S. market opens on Thursday, March 16, 2023.
  • Yiren Digital's management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on March 16, 2023 (or 8:00 p.m. Beijing/Hong Kong Time on March 16, 2023).
  • Participants who wish to join the call should register online in advance of the conference at:
    Once registration is completed, participants will receive the dial-in details for the conference call.