Yiren Digital Ltd. (NYSE: YRD) has entered into a warrant agreement with an undisclosed privately held company focused on AI-powered entertainment and emotional wellness, according to a press release issued July 8, 2026.

The agreement is the fourth warrant deal Yiren Digital has signed as part of its broader AI investment strategy. Under the terms, Yiren Digital holds the right to acquire a combination of existing and newly issued shares at a predetermined price, with the objective of becoming the controlling shareholder. The staged rights do not constitute current or de facto control, and any future ownership change depends on satisfaction of contractual conditions, regulatory requirements, and completion of required payments.

The target company's name was not disclosed due to confidentiality obligations. It operates an AI companionship and roleplay platform with users primarily in Southeast Asia and Greater China, including Vietnam, Thailand, and the Taiwan region. The company also plans to expand into the United States and other Western markets.

According to unaudited operating data provided by the target company, as of June 2026, the platform had surpassed 3 million cumulative users and 150,000 cumulative paying users. Its daily active user to monthly active user ratio stood at approximately 44%, with an unaudited annualized revenue run-rate exceeding $10 million.

If the warrant is exercised and all applicable conditions are met, the target company would be incorporated into a planned AI Entertainment and Emotional Wellness business segment within Yiren Digital.

"We believe the future of AI lies not only in improving productivity, but also in creating richer and more meaningful human experiences," said Ning Tang, Chairman and Chief Executive Officer of Yiren Digital.

Yiren Digital is a Beijing-based financial technology and artificial intelligence company operating in China and global markets.