Trade Yirendai Ltd. - YRD CFD

About Yiren Digital Ltd - ADR

Yiren Digital Ltd. is engaged in online consumer finance marketplace business in China. The Company conducts its business in China, through Yi Ren Heng Ye Technology Development (Beijing) Co., Ltd. (Heng Ye) and its consolidated variable interest entity, Heng Cheng Technology Development (Beijing) Co., Ltd. (Heng Cheng). Heng Cheng operates its Website, www.yirendai.com, and has an Internet content provider (ICP) license as an Internet information provider. Its online marketplace facilitates standard loan products, express loan products and vertical loan products to borrowers. Uses for these loan products include home remodels, durable good purchases, travel and continuing education. Its online marketplace provides investors with various investing tools, such as automated investing tool and self-directed investing tool. It maintains a secondary loan market on its marketplace where investors can transfer the loans they hold prior to maturity at the fair value of the remaining loans.

Financial summary

BRIEF: For the nine months ended 30 September 2021, YirenDigital Ltd - ADR revenues increased 23% to RMB3.46B. Netincome totaled RMB702.2M vs. loss of RMB133.1M. Revenuesreflect Loan facilitation services increase of 81% toRMB1.69B, Others increase of 77% to RMB742.1M. Net Incomereflects Sales and marketing decrease of 22% to RMB1.25B(expense), General and administrative decrease of 20% toRMB386.9M (expense).