Yiren Digital Says Ning Tang, Executive Chairman And CEO, Is Subject To Criminal Compulsory Measures; Investigation May Impair Ning Tang's Ability To Perform CEO And Chairman Duties; Board And Management To Oversee Operations And Implement Contingency Plans; Has Not Received Official Notice Regarding Investigation

Yiren Digital Ltd. announced that its Executive Chairman and CEO, Ning Tang, is subject to criminal compulsory measures due to an investigation involving affiliates of the Company's controlling shareholder. The company has not received official notice regarding the investigation and cannot comment on its specifics. This situation may impair Tang's ability to perform his duties, prompting the Board and management to oversee operations and implement contingency plans. The investigation could negatively impact the company's reputation and financial condition.