Yiren Digital Ltd. (YRD) Reports Q4 Loss of $1.02/sh

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Yiren Digital Reports Fourth Quarter and Fiscal Year 2020 Financial Results

April 1, 2021 7:43 AM EDT

BEIJING, April 1, 2021 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading comprehensive personal financial service platform in China, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2020.

On December 31, 2020, the Company entered into definitive agreements in relation to a business restructuring with CreditEase Holdings (Cayman) Limited ("CreditEase"), the controlling shareholder of the Company, to streamline the Company's service lines and reposition the Company as a comprehensive personal financial service platform (the "Restructuring"). Upon the completion of the... More