Yiren Digital Provides Update on Its CEO and Operations
Key Highlights
- ➤Ning Tang subject to criminal compulsory measures in investigation involving controlling shareholder affiliates
- ➤Yiren Digital warns investigation could materially and adversely affect reputation, business and financial results
- ➤Tang may be unable to perform executive chairman and CEO duties for an extended period
- ➤Yiren Digital says business operations remain normal and contingency plans are being developed
Yiren Digital Provides Update on Its CEO and Operations PR Newswire
BEIJING, Oct. 12, 2026 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and global markets, today announced that the Company became aware of a police notice published on October 12, 2026, stating that Mr. Ning Tang, the Company's Executive Chairman and Chief Executive Officer, had been subject to criminal compulsory measures in connection with an investigation involving certain affiliates of the Company's controlling shareholder. The Company has not received any official notice from the relevant authorities regarding the investigation and is not in a position to comment on the nature, status, timeline or potential outcome of the investigation or any related legal proceedings.
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