BEIJING, June 8, 2026 /PRNewswire/ -- Yiren Digital Ltd. (NYSE:YRD) (&#34;Yiren Digital&#34; or the &#34;Company&#34;), a leading fintech company specializing in digital consumer lending, insurance and financial

<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">BEIJING</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">June 8, 2026</span> /PRNewswire/ -- Yiren Digital Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/YRD">YRD</a>) (&#34;Yiren Digital&#34; or the &#34;Company&#34;), a leading <span xmlns="http://www.w3.org/1999/xhtml">fintech</span> company specializing in digital consumer lending, insurance and financial technology innovation across China and global markets, today announced that it has been notified by CreditEase Holdings (Cayman) Limited, the Company&#39;s controlling shareholder (the &#34;Controlling Shareholder&#34;), that a change in the Controlling Shareholder&#39;s shareholding structure took place on June 5, 2026 (the &#34;Restructuring&#34;). As a result of the Restructuring, Mr. Ning Tang, the Company&#39;s Executive Chairman and Chief Executive Officer, now beneficially owns the entire equity interests in the Controlling Shareholder. Accordingly, Mr. Ning Tang&#39;s indirect beneficial ownership of the Company&#39;s ordinary shares has increased from approximately 35.6% to approximately 82.0% of the total issued and outstanding ordinary shares of the Company. Prior to the Restructuring, Mr. Ning Tang held a 43.4% equity interest in the Controlling Shareholder.</p>
<p xmlns="http://www.w3.org/1999/xhtml">The Restructuring relates solely to the ownership structure of the Controlling Shareholder and does not result in any change to the Company&#39;s day-to-day operations, management, business strategy, or corporate governance.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Yiren Digital</b></p><p xmlns="http://www.w3.org/1999/xhtml">Yiren Digital Ltd. is a leading <span xmlns="http://www.w3.org/1999/xhtml">fintech</span> company specializing in digital consumer lending, insurance, and financial technology innovation across China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. With the successful filing of the in-house developed Large Language Model Zhiyu, the substantial upgrade of its Magicube Agent platform, Yiren Digital is establishing a new growth engine to position itself as an AI-powered next-generation <span xmlns="http://www.w3.org/1999/xhtml">fintech</span> leader. For more information, please visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://ir.yiren.com/" target="_blank" rel="nofollow">https://ir.yiren.com</a>.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Safe Harbor Statement</b></p><p xmlns="http://www.w3.org/1999/xhtml">This press release contains forward-looking statements. These statements are made under the &#34;safe harbor&#34; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as &#34;aim,&#34; &#34;anticipate,&#34; &#34;believe,&#34; &#34;estimate,&#34; &#34;expect,&#34; &#34;hope,&#34; &#34;going forward,&#34; &#34;intend,&#34; &#34;ought to,&#34; &#34;plan,&#34; &#34;project,&#34; &#34;potential,&#34; &#34;seek,&#34; &#34;may,&#34; &#34;might,&#34; &#34;can,&#34; &#34;could,&#34; &#34;will,&#34; &#34;would,&#34; &#34;shall,&#34; &#34;should,&#34; &#34;is likely to&#34; and the negative form of these words and other similar expressions. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as &#34;will,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;future,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;believes,&#34; &#34;estimates,&#34; &#34;target,&#34; &#34;confident,&#34; and similar expressions. Forward-looking statements are based on management&#39;s current expectations, assumptions, and assessments of current market and operating conditions. These statements involve inherent risks, uncertainties, and other factors, many of which are outside the control of the Company, and which could cause actual results to differ materially from those expressed or implied in such statements. Potential risks and uncertainties include, but are not limited to, unexpected changes in regulatory policies or enforcement practices, macroeconomic conditions, borrower credit behavior, funding partner participation, competitive dynamics, the Company&#39;s ability to achieve its anticipated financial results or previously issued guidance, and the Company&#39;s ability to meet the standards necessary to maintain listing of its ADSs on the NYSE, including its ability to cure any non-compliance with the NYSE&#39;s continued listing criteria. Actual results may differ materially from those expressed or implied in forward-looking statements due to a variety of factors and other risks described in the Company&#39;s filings with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company undertakes no, and expressly disclaims any, obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable law.</p><p xmlns="http://www.w3.org/1999/xhtml"> </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=CN77970&amp;sd=2026-06-08"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/yiren-digital-announces-increase-in-beneficial-ownership-by-mr-ning-tang-following-controlling-shareholder-restructuring-302793748.html" target="_blank">https://www.prnewswire.com/news-releases/yiren-digital-announces-increase-in-beneficial-ownership-by-mr-ning-tang-following-controlling-shareholder-restructuring-302793748.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Yiren Digital Ltd.</p>

Yiren Digital Announces Increase in Beneficial Ownership by Mr. Ning Tang Following Controlling Shareholder Restructuring

Yiren Digital gains near-controlling stake as restructuring concentrates ownership

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>BEIJING, June 8, 2026 /PRNewswire/ -- Yiren Digital Ltd. (NYSE:YRD) (&amp;#34;Yiren Digital&amp;#34; or the &amp;#34;Company&amp;#34;), a leading fintech company specializing in digital consumer lending, insurance and financial</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Yiren Digital announced that its controlling shareholder underwent a restructuring on June 5, 2026, increasing founder Ning Tang&#039;s indirect ownership of YRD to about 82%. The company says day-to-day operations and governance remain unchanged, while highlighting AI initiatives like Zhiyu and the Magicube Agent platform as new growth engines. The move signals stronger founder alignment but may raise governance and liquidity considerations amid a thinner float.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Restructuring of CreditEase Holdings increases Ning Tang&#039;s indirect YRD ownership to ~82%.</li><li>June 5, 2026 restructure; no changes to YRD&#039;s operations or governance.</li><li>Ning Tang remains CEO; indirect stake in Controlling Shareholder now majority.</li><li>Company emphasizes AI growth (Zhiyu LLM, Magicube Agent) as growth engine.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Yiren Digital Ltd. (NYSE:YRD)</strong>: Announced restructuring increasing founder Ning Tang&#039;s indirect ownership; governance implications ahead.</li><li><strong>CreditEase Holdings (Cayman) Limited (N/A)</strong>: Controlling shareholder undergoing restructuring; ownership now funneled to Ning Tang.</li><li><strong>Ning Tang (N/A)</strong>: Executive Chairman and CEO; now the indirect majority owner of the Controlling Shareholder.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This is a corporate governance/ownership development with potential implications for strategy and stock liquidity. While operations remain unchanged, heightened founder control can affect investor perceptions and minority rights, making governance quality a key watch factor.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Ownership concentration increases, reducing public float and potentially raising volatility.</li><li>No operational changes announced; near-term catalysts rely on AI-growth messaging.</li><li>Possible governance concerns from minority shareholders may affect valuation.</li><li>AI initiatives (Zhiyu, Magicube) highlighted as growth drivers in fintech.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Restructuring date: June 5, 2026.</li><li>Ning Tang&#039;s indirect ownership of YRD increases from ~35.6% to ~82.0%.</li><li>Ning Tang&#039;s equity in Controlling Shareholder rose from 43.4% to 100%.</li><li>Controlling Shareholder: CreditEase Holdings (Cayman) Limited.</li><li>Operations and governance of YRD unchanged; AI initiatives highlighted (Zhiyu, Magicube).</li><li>Press release date: June 8, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral near term; AI growth potential could drive upside if governance remains stable in 3–6 months.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">BEIJING</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">June 8, 2026</span> /PRNewswire/ -- Yiren Digital Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/YRD">YRD</a>) (&#34;Yiren Digital&#34; or the &#34;Company&#34;), a leading <span xmlns="http://www.w3.org/1999/xhtml">fintech</span> company specializing in digital consumer lending, insurance and financial technology innovation across China and global markets, today announced that it has been notified by CreditEase Holdings (Cayman) Limited, the Company&#39;s controlling shareholder (the &#34;Controlling Shareholder&#34;), that a change in the Controlling Shareholder&#39;s shareholding structure took place on June 5, 2026 (the &#34;Restructuring&#34;). As a result of the Restructuring, Mr. Ning Tang, the Company&#39;s Executive Chairman and Chief Executive Officer, now beneficially owns the entire equity interests in the Controlling Shareholder. Accordingly, Mr. Ning Tang&#39;s indirect beneficial ownership of the Company&#39;s ordinary shares has increased from approximately 35.6% to approximately 82.0% of the total issued and outstanding ordinary shares of the Company. Prior to the Restructuring, Mr. Ning Tang held a 43.4% equity interest in the Controlling Shareholder.</p>
<p xmlns="http://www.w3.org/1999/xhtml">The Restructuring relates solely to the ownership structure of the Controlling Shareholder and does not result in any change to the Company&#39;s day-to-day operations, management, business strategy, or corporate governance.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Yiren Digital</b></p><p xmlns="http://www.w3.org/1999/xhtml">Yiren Digital Ltd. is a leading <span xmlns="http://www.w3.org/1999/xhtml">fintech</span> company specializing in digital consumer lending, insurance, and financial technology innovation across China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. With the successful filing of the in-house developed Large Language Model Zhiyu, the substantial upgrade of its Magicube Agent platform, Yiren Digital is establishing a new growth engine to position itself as an AI-powered next-generation <span xmlns="http://www.w3.org/1999/xhtml">fintech</span> leader. For more information, please visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://ir.yiren.com/" target="_blank" rel="nofollow">https://ir.yiren.com</a>.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Safe Harbor Statement</b></p><p xmlns="http://www.w3.org/1999/xhtml">This press release contains forward-looking statements. These statements are made under the &#34;safe harbor&#34; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as &#34;aim,&#34; &#34;anticipate,&#34; &#34;believe,&#34; &#34;estimate,&#34; &#34;expect,&#34; &#34;hope,&#34; &#34;going forward,&#34; &#34;intend,&#34; &#34;ought to,&#34; &#34;plan,&#34; &#34;project,&#34; &#34;potential,&#34; &#34;seek,&#34; &#34;may,&#34; &#34;might,&#34; &#34;can,&#34; &#34;could,&#34; &#34;will,&#34; &#34;would,&#34; &#34;shall,&#34; &#34;should,&#34; &#34;is likely to&#34; and the negative form of these words and other similar expressions. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as &#34;will,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;future,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;believes,&#34; &#34;estimates,&#34; &#34;target,&#34; &#34;confident,&#34; and similar expressions. Forward-looking statements are based on management&#39;s current expectations, assumptions, and assessments of current market and operating conditions. These statements involve inherent risks, uncertainties, and other factors, many of which are outside the control of the Company, and which could cause actual results to differ materially from those expressed or implied in such statements. Potential risks and uncertainties include, but are not limited to, unexpected changes in regulatory policies or enforcement practices, macroeconomic conditions, borrower credit behavior, funding partner participation, competitive dynamics, the Company&#39;s ability to achieve its anticipated financial results or previously issued guidance, and the Company&#39;s ability to meet the standards necessary to maintain listing of its ADSs on the NYSE, including its ability to cure any non-compliance with the NYSE&#39;s continued listing criteria. Actual results may differ materially from those expressed or implied in forward-looking statements due to a variety of factors and other risks described in the Company&#39;s filings with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company undertakes no, and expressly disclaims any, obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable law.</p><p xmlns="http://www.w3.org/1999/xhtml"> </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=CN77970&amp;sd=2026-06-08"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/yiren-digital-announces-increase-in-beneficial-ownership-by-mr-ning-tang-following-controlling-shareholder-restructuring-302793748.html" target="_blank">https://www.prnewswire.com/news-releases/yiren-digital-announces-increase-in-beneficial-ownership-by-mr-ning-tang-following-controlling-shareholder-restructuring-302793748.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Yiren Digital Ltd.</p>

Yiren Digital announced that its controlling shareholder underwent a restructuring on June 5, 2026, increasing founder Ning Tang's indirect ownership of YRD to about 82%. The company says day-to-day operations and governance remain unchanged, while highlighting AI initiatives like Zhiyu and the Magicube Agent platform as new growth engines. The move signals stronger founder alignment but may raise governance and liquidity considerations amid a thinner float.

Yiren Digital Announces Increase in Beneficial Ownership by Mr. Ning Tang Following Controlling Shareholder Restructuring

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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