Yiren Digital Issues Update On Developments Concerning Affiliates Of Its Controlling Shareholder; Investigation Relates To Business Activities Outside The Company And Is Not Directly Related To Its Business Operations; Reaffirms Intention To Continue Its Previously Announced Share Repurchase Program
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
Some people connected to Yiren Digital's owner are being investigated. But the investigation is about their other businesses, not Yiren Digital itself. The company says it still plans to buy back its own stock.
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