BEIJING, Dec. 11, 2025 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading Fintech company specializing in digital consumer lending, insurance and financial technology innovation across China and Southeast Asia, today announced it has been awarded the "Technology Innovation Leadership Award for Listed Companies" at the 23rd China's Financial Annual Champion Awards. The award was presented during the 2025 China Financial Annual Conference, held in Beijing and co-host ...

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Financial Data and Key Metrics Changes - Total revenue for the third quarter grew by 5.1% year over year to RMB 1.55 billion, primarily driven by a 70% increase in the financial services segment [13] - Net income for the third quarter was RMB 318 million, translating to RMB 3.65 per ADR share or $0.51 per ADR share, representing a 12% decline from the previous quarter [21][22] - The net margin slightly declined from 22% in the prior quarter to 20% [22] Business Line Data and Key Metrics Changes - In the financial services segment, loan origination reached RMB 20.2 billion, up 51% year over year, with repeat borrowers accounting for 77% of total loan volume [5][14] - The average size for new loans increased from RMB 7,000 to RMB 10,100, reflecting a shift towards higher credit quality customer segments [6][14] - The insurance brokerage segment reported gross return premium of RMB 1.15 billion, a 35% increase quarter over quarter, with revenue from the segment reaching RMB 84.2 million, up 45% from the prior quarter [10][17] Market Data and Key Metrics Changes - The total outstanding loan balance as of September 30, 2025, was RMB 34.2 billion, representing a 10% quarter-over-quarter growth [7] - The delinquency rates for loans increased, with the 1-30 day delinquency rate at 2.7%, while the 31-60 day and 61-90 day rates were 1.7% and 1.4%, respectively [8] Company Strategy and Development Direction - The company is focused on disciplined execution and positioning itself for the next generation of fintech through AI and blockchain technologies [4][11] - The agentic AI platform, MagicQ, is enhancing sales conversion and risk controls, contributing to overall productivity [5] - The company is exploring new ways to serve customers and manage assets through AI and blockchain-enabled solutions, including a partnership with ChainArk for crypto solutions [11] Management's Comments on Operating Environment and Future Outlook - Management noted a challenging operating environment due to heightened regulatory uncertainty and a cautious credit backdrop, but emphasized effective adjustments to risk posture [4] - The company anticipates continued volatility in the credit and regulatory risk environment but remains cautiously optimistic about future growth [22][23] - Revenue projections for the fourth quarter are expected to be in the range of RMB 1.4 billion to RMB 1.6 billion [23] Other Important Information - The company has successfully transformed its insurance business model to a digital, low customer acquisition cost approach, which is expected to enhance profitability [9][10] - The automation of collection processes has significantly reduced labor costs and improved service quality [8][9] Q&A Session Summary - The Q&A session was not conducted as the conference concluded without any questions being asked [24][25]

Financial Data and Key Metrics Changes - Total revenue for the third quarter grew by 5.1% year-over-year to RMB 1.55 billion, primarily driven by a 70% increase in the financial services segment [14][15] - Net income for the third quarter was RMB 318 million, translating to RMB 3.65 per ADR share or $0.51 per ADR share, representing a 12% decline from the previous quarter [21][22] - The net margin slightly decreased from 22% in the prior quarter to 20% [22] Business Line Data and Key Metrics Changes - In the financial services segment, loan origination reached RMB 20.2 billion, up 51% year-over-year, with repeat borrowers accounting for 77% of total loan volume [5][15] - The average size of new loans increased by 44% to RMB 10,100, reflecting a shift towards higher credit quality customer segments [6][15] - The insurance brokerage segment reported gross return premiums of RMB 1.15 billion, a 35% increase quarter-over-quarter, while revenue from this segment was RMB 84.2 million, up 45% from the prior quarter [11][18] Market Data and Key Metrics Changes - The total cumulative borrower base increased by 21% year-over-year to 14 million, despite a decrease in total borrowers by 11% to 1.3 million due to tighter credit policies [5] - The Internet insurance business delivered RMB 196 million in annualized premium, representing 204% quarter-over-quarter growth, with total customer numbers rising 93% quarter-over-quarter to 229,353 [11][18] Company Strategy and Development Direction - The company is focused on disciplined execution and positioning itself for the next generation of fintech through AI and blockchain technologies [4][12] - The agentic AI platform, Magicube, is enhancing process efficiency and driving productivity, which is crucial for offsetting margin pressures [5][12] - The company is exploring new ways to serve customers and manage assets through AI and blockchain-enabled solutions, including a partnership with ChainUp for crypto solutions [12] Management's Comments on Operating Environment and Future Outlook - Management noted a challenging operating environment due to heightened regulatory uncertainty and a cautious credit backdrop, but emphasized effective risk management and asset quality protection [4][22] - The company anticipates continued volatility in the credit and regulatory risk environment but remains cautiously optimistic about future growth, particularly in international and Internet insurance segments [22][23] Other Important Information - The company has been included in the whitelist of nearly 30 compliant funding partners under the new regulatory framework, enhancing its market position [8] - The average monthly labor cost savings from AI-driven collection capabilities increased to RMB 5 million, up from RMB 2.7 million in the previous quarter [10] Q&A Session Summary - No questions were recorded during the Q&A session as the conference concluded without any inquiries from analysts or participants [24][25]

Financial Data and Key Metrics Changes - Total revenue for the third quarter of 2025 grew by 5.1% year over year to RMB 1.55 billion, primarily driven by a 70% increase in the financial services segment [12][13] - Net income for the third quarter was RMB 318 million, translating to RMB 3.65 per ADR share or $0.51 per ADR share, representing a 12% decline from the previous quarter [20][21] - The net margin slightly decreased from 22% in the prior quarter to 20% [21] Business Line Data and Key Metrics Changes - In the financial services segment, loan origination reached RMB 20.2 billion, up 51% year over year, with repeat borrowers accounting for 77% of total loan volume [5][14] - The insurance brokerage business reported gross return premiums of RMB 1.15 billion, a 35% increase quarter over quarter, while revenue from the segment was RMB 84.2 million, up 45% from the prior quarter [10][17] - The Internet insurance business delivered RMB 196 million in annualized premium, representing 204% quarter over quarter growth, with total customer numbers rising 93% quarter over quarter to 229,353 [10][17] Market Data and Key Metrics Changes - The company facilitated RMB 20.2 billion in loan origination during the quarter, reflecting a strong market position despite tightening credit policies [5][14] - The average size for new loans increased from RMB 7,000 to RMB 10,100, indicating a shift towards higher credit quality customer segments [6][14] Company Strategy and Development Direction - The company is focused on disciplined execution and positioning itself for the next generation of fintech with AI and blockchain technologies [4][11] - Strategic investments are being made in technology capabilities to build next-generation fintech infrastructure and deepen partnerships with key industry players [11] Management's Comments on Operating Environment and Future Outlook - Management noted a more challenging operating environment due to heightened regulatory uncertainty and a cautious credit backdrop, but emphasized effective risk management and asset quality protection [4][21] - The company remains cautiously optimistic about future growth, projecting fourth-quarter revenue between RMB 1.4 billion and RMB 1.6 billion [22] Other Important Information - The company has been included in the whitelist of nearly 30 compliant funding partners under the new regulatory framework, enhancing its market position [7] - AI-driven collection capabilities have significantly reduced labor costs and improved service quality, contributing to operational efficiency [8][19] Q&A Session Summary - The Q&A session was not conducted as the conference concluded without any questions being asked [23]

Core Viewpoint - Yiren Zhike (YRD.US) continues to drive steady business development through AI technology, emphasizing compliance and risk management in its operations [1][2]. Financial Performance - In Q3 2025, Yiren Zhike facilitated transaction amounts of 20.2 billion yuan and had a loan balance of 34.2 billion yuan, serving 14.01 million borrowers and 126,500 small businesses [2]. - The insurance business achieved a premium of 1.15 billion yuan, with a focus on optimizing the business structure and leveraging AI for customer acquisition and underwriting [2]. AI Strategy and Technological Advancements - The company upgraded its AI strategy, evolving AI from a tool to a collaborator, with enhancements to its "Zhiyu" model and the 2.0 version of the Magic Cube AI platform [3]. - The upgraded "Zhiyu" model improves internal operations and enables multi-agent collaboration, while the Magic Cube AI platform enhances marketing, content creation, quality inspection, and code security [3]. Industry Engagement and Recognition - Yiren Zhike showcased its technological capabilities at major industry events, including the Hong Kong FinTech Week and the World Internet Conference, discussing AI applications in finance [4]. - The company received the "Annual Corporate Social Responsibility Award" for its performance in technology innovation and social responsibility, ranking in the top 10% globally in ESG ratings [8]. Corporate Social Responsibility - Yiren Zhike actively engages in social responsibility initiatives, including consumer rights protection and data security, and has launched several industry self-regulation initiatives [10].

Company Overview - Yiren Digital has 19 years of expertise in lending technology and is listed on the NYSE[11] - The company has a robust financial foundation supported by steady cash flow, a fast-growing internet insurance business, and a next-generation Fintech platform under development[11] - Yiren Digital utilizes a proprietary Agentic AI platform to boost employee productivity and service quality[11] - The company is expanding internationally in Southeast Asia, supported by technological expertise and local partnerships[11] Financial Performance - Loan facilitation reached RMB 202 billion, a 51% year-over-year increase[16] - Internet Insurance annualized premium reached RMB 196 million, a 204% quarter-over-quarter increase[16] - The company holds RMB 39 billion in cash and equivalents to support growth, M&A, and shareholder returns[16] - The dividend yield is 96% as of November 24th, 2025[16] - In Q3 2025, financial services revenue was RMB 14 billion, a 70% year-over-year increase[18] Risk Management and Customer Acquisition - 77% of loans in Q3 2025 were from repeat borrowers[17, 23] - The company focuses on premium borrowers, with 77% repeat borrowing in Q3 2025[17] - Delinquency rates remain manageable, with 1-30 days delinquent cases at 27%, 31-60 days at 17%, and 61-90 days at 14%[16]

Core Insights - Yiren Digital Ltd. reported a stable quarter with total net revenue of RMB1,555.0 million (US$218.4 million), a 5% increase from the same period last year, driven primarily by the financial services business [4][12] - The company is focusing on adaptive risk management and business diversification, particularly in its online insurance segment, to navigate industry challenges [3][4] - The financial services revenue surged by 70% to RMB1,423.2 million (US$199.9 million), accounting for 92% of total net revenue, attributed to strong demand for small revolving loans [4][8] Financial Performance - Total net revenue for Q3 2025 was RMB1,555.0 million (US$218.4 million), up from RMB1,479.1 million in Q3 2024 [4] - Financial services revenue increased to RMB1,423.2 million (US$199.9 million), a 70% rise from RMB836.2 million in Q3 2024 [4] - Insurance brokerage revenue decreased by 2% to RMB84.2 million (US$11.8 million) due to lower commission rates [4] - Other business revenue fell significantly to RMB47.5 million (US$6.7 million) from RMB557.4 million in Q3 2024, following a strategic decision to wind down the "consumption and lifestyle" segment [4] Expenses and Costs - Sales and marketing expenses were RMB331.8 million (US$46.6 million), slightly down from RMB335.6 million in Q3 2024 [5] - Origination, servicing, and other operating costs decreased to RMB149.9 million (US$21.1 million) from RMB205.9 million in Q3 2024, primarily due to a 27% reduction in origination and service expenses [5] - Research and development expenses dropped to RMB91.5 million (US$12.9 million) from RMB150.8 million in Q3 2024, attributed to a one-off system development project [6] - General and administrative expenses increased to RMB104.4 million (US$14.7 million) from RMB80.1 million in Q3 2024, mainly due to higher personnel costs [7] Loan Facilitation and Insurance Metrics - Total loans facilitated reached RMB20.2 billion (US$2.8 billion), a 51% increase from RMB13.4 billion in Q3 2024 [8] - The cumulative number of borrowers served increased by 21% year-over-year to 14,006,873 as of September 30, 2025 [8] - Gross written premiums for insurance in Q3 2025 were RMB1,148.0 million (US$161.3 million), a 35% increase from the previous quarter but a 15% decrease from Q3 2024 [8] Profitability and Cash Flow - Net income for Q3 2025 was RMB317.6 million (US$44.6 million), down from RMB355.4 million in Q3 2024, primarily due to increased provisions and declining fee rates [12] - Adjusted EBITDA was RMB236.8 million (US$33.3 million), a decrease from RMB380.9 million in Q3 2024 [13] - Net cash used in operating activities was RMB5.5 million (US$0.8 million), compared to RMB50.4 million generated in Q3 2024 [14] Business Outlook - The company projects total revenue for Q4 2025 to be between RMB1.4 billion and RMB1.6 billion, driven by loan growth and market penetration [17]

Core Viewpoint - Yiren Digital Ltd. is set to release its unaudited financial results for Q3 2025 on November 25, 2025, before the U.S. market opens, indicating a focus on transparency and timely communication with investors [1]. Group 1: Financial Results Announcement - The company will announce its unaudited financial results for the third quarter ended September 30, 2025, before U.S. market opens on November 25, 2025 [1]. - An earnings conference call is scheduled for 7:00 a.m. U.S. Eastern Time on the same day, allowing stakeholders to engage directly with management [2]. - Participants must register online in advance to receive dial-in details for the conference call [2]. Group 2: Company Overview - Yiren Digital is a leading fintech company focused on digital consumer lending, insurance, and financial technology innovation in China and Southeast Asia [4]. - The company utilizes advanced artificial intelligence and emerging technologies to improve customer experience, enhance capital efficiency, and promote financial inclusion [4]. - Recent initiatives include the launch of the Magicube Agent Platform and a strategic entry into the digital asset business, positioning Yiren Digital as an AI-powered and blockchain-enabled global fintech leader [4].

Core Insights - Yiren Digital has been recognized among the top 10% of global industry peers in the "Diversified Financial Services and Capital Markets" category in S&P Global's latest ESG assessment, highlighting its commitment to ESG excellence and sustainability integration [1][5] Group 1: AI and ESG Integration - The company's strategic use of artificial intelligence (AI) has been pivotal in advancing its ESG objectives, enhancing risk management, customer service, and financial inclusion while reducing its environmental footprint [2][6] - Yiren Digital facilitated RMB53.6 billion in loans to 4.2 million underserved borrowers in 2024, demonstrating its commitment to inclusive finance [3] Group 2: Environmental Initiatives - Yiren Digital is on track to meet its 2030 carbon peak and 2060 net-zero targets, achieving a 5% year-over-year reduction in total greenhouse gas emissions [4] - Over 90% of electrical equipment in its Beijing offices meets energy-saving standards, and the power usage effectiveness (PUE) of its data centers has improved to 1.25 [4] Group 3: Financial Support for Green Industries - In 2024, the company provided loan facilities totaling RMB0.69 million to 22 new energy business owners, RMB88.48 million to 3,156 energy-efficient business owners, RMB9.96 million to 368 recycling business owners, and RMB16.46 million to 593 environmental monitoring business owners [4] - The company rejected 560 loan applications from business owners with environmental violations, reinforcing its commitment to sustainability [4] Group 4: Recognition and Achievements - The S&P rating is part of a series of accolades for Yiren Digital's ESG commitments, including the People's Daily Social Responsibility Award and inclusion in the "2024 Top 100 Global Zhejiang Business ESG Classic Cases" [5] - The proprietary risk management technology "Hawkeye" blocked 16,800 fraudulent loan applications in 2024, preventing an estimated RMB180 million in losses [5]