1. YRD celebrates its 10th anniversary with a shareholder letter. 2. Company remains bullish despite past challenges like COVID-19. 3. International business is growing faster than domestic operations. 4. Plans to enter blockchain finance as part of FinTech 2.0. 5. AI technology is crucial for enhancing customer experience.
FAQ
Why Bullish?
YRD's strategic growth in international markets and blockchain initiatives indicate strong future potential.
How important is it?
The article emphasizes strategic direction and growth potential, which are key for investors.
Why Long Term?
The company’s focus on global expansion and technology adoption will take time to materialize in stock performance.
A Decade of Growth: Celebrating 10 Years Since Public Listing and Looking Ahead
Yiren Digital Ltd. (NYSE: YRD), a prominent fintech leader focused on digital consumer lending and financial technology across China and Southeast Asia, is celebrating a significant milestone today. This December 18, 2025, marks the 10th anniversary of YRD's public listing on the NYSE, prompting a heartfelt letter to shareholders from CEO Ning Tang.
Reflecting on a Decade of Achievement
In his letter, CEO Ning Tang expressed gratitude towards shareholders for their unwavering trust and support over the past decade. Underlining the challenges the company has faced—particularly during the tumultuous last five years marked by the COVID-19 pandemic and economic hurdles—Tang conveyed optimism about Yiren Digital’s future direction.
- 10 Years of Operation: YRD has successfully navigated through several crises.
- Strategic Focus: Continued commitment to domestic loan facilitation and innovation in Internet insurance.
- Financial Growth: Traditional business offerings are fueling future expansion with solid cash flow.
Going Global and Embracing Innovation
Yiren Digital’s strategy emphasizes international growth, with its global business advancing at a pace outstripping domestic operations. The company is poised to expand beyond conventional financial services, including innovative moves into blockchain finance, which Tang describes as “FinTech 2.0”. This strategic shift will be accompanied by adherence to the highest compliance standards, ensuring that all blockchain activities occur within legal frameworks.
Harnessing Artificial Intelligence
AI technology plays a pivotal role in YRD’s strategy, not only improving operational efficiency but also enhancing customer experiences. Yiren Digital has developed an AI Agent and is continuously exploring innovative use cases for this technology, illustrating how far the company has evolved in the last few years.
Tang humorously remarked that while he considered using AI to draft his letter, he preferred to communicate personally with shareholders. This human touch reflects the company’s commitment to customer engagement and shareholder communication.
Looking Forward with Confidence
As Yiren Digital commemorates this decade of accomplishments, CEO Ning Tang expressed high hopes for the future. The company aims to continue its trajectory of growth and innovation in the financial sector, asserting that the next 10 years hold even greater promise.
About Yiren Digital
Yiren Digital Ltd. is a frontrunner in the fintech space, specializing in digital consumer lending, insurance, and cutting-edge financial technology innovations across China and Southeast Asia. By leveraging advanced AI and emerging technologies, YRD is committed to enhancing customer satisfaction, operational efficiency, and broadening financial inclusion. The company's ongoing advancements in AI and digital finance position it as a prospective leader in AI-driven and blockchain-powered financial technology.
For more information, please visit Yiren Digital's Investor Relations page.
Safe Harbor Statement
This press release contains forward-looking statements as defined under applicable securities laws. These statements reflect Yiren Digital’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Shareholders are encouraged to review YRD's filings with the U.S. Securities and Exchange Commission for a comprehensive understanding of the associated risks.