Yiren Digital CEO Subject to Criminal Investigation

Yiren Digital Ltd. disclosed on October 12, 2026, that its Executive Chairman and CEO, Ning Tang, has been subjected to criminal compulsory measures. These measures are linked to an investigation involving certain affiliates of the company's controlling shareholder.

The company stated it has not received any official notice from authorities regarding the investigation and cannot comment on its nature or potential outcomes. Yiren Digital indicated that the measures may prevent Mr. Tang from fulfilling his executive duties for an extended period. The investigation and any related legal proceedings could negatively impact the company's reputation, business, and financial condition, even if not directly related to its operations.

Despite the circumstances, Yiren Digital affirmed that its normal business operations continue and it remains committed to regulatory compliance. The Board of Directors and management will oversee operations and implement contingency plans to address potential impacts.

Yiren Digital operates in financial technology and artificial intelligence across China and global markets. The company utilizes AI and emerging technologies to enhance customer experience and financial inclusion. It is developing an AI-native, multi-industry operating platform extending beyond traditional financial services.