2017 Press Releases

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12/13/17Yirendai Announces Strategic Investment in Lion Rock
BEIJING, Dec. 13, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading fintech company in China, announced today that it has made a strategic investment in Lion Rock, a comprehensive financial services platform that is focused on global asset allocation, through Lion Rock's Series A financing of HK$50 million. Lion Rock is headquartered in Hong Kong and offers a wide-variety of high-quality financial products, financial news, robo-advisory services as well ... 
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11/24/17Yirendai Awarded ISO 27001 Certification
BEIJING, Nov. 24, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading fintech company in China, announced today that it has been awarded certification to the international standard for Information Security Management (ISO 27001) from British Standards Institution. The ISO 27001 certification is an internationally recognized best practice framework for an information security management system ("ISMS") and specifies the requirements for establishing, implem... 
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11/24/17Yirendai to Hold 2017 Annual General Meeting on December 15, 2017
BEIJING, Nov. 24, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading fintech company in China, today announced that it will hold its 2017 annual general meeting of shareholders at 10/F, Tower B, Gemdale Plaza, 91 Jianguo Road, Chaoyang District, Beijing 100022, the People's Republic of China on December 15, 2017 at 10:00 a.m. (Beijing time). Holders of common shares of the Company whose names are on the register of members of the Company at the close of busin... 
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11/14/17Yirendai Reports Third Quarter 2017 Financial Results
BEIJING, Nov. 14, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading fintech company in China, today announced its unaudited financial results for the quarter ended September 30, 2017. For Three Months Ended in RMB million September 30, 2017 June 30, 2017 September 30, 2016 QoQ Change YoY Change Amount of Loans Facilitated 12,185.4 8,536.1 5,617.5 43% ... 
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11/07/17Yirendai to Report Third Quarter 2017 Results on November 14, 2017
BEIJING, Nov. 7, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading fintech company in China, announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2017 after U.S. market closes on Tuesday, November 14, 2017. Yirendai's management will host an earnings conference call at 7:00 p.m. Eastern Time on November 14, 2017, (or 8:00 a.m. Beijing/Hong Kong Time on November 15, 2017). Dial-in details for the e... 
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08/01/17Yirendai Reports Second Quarter 2017 Financial Results
BEIJING, Aug. 1, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading fintech company in China, today announced its unaudited financial results for the quarter ended June 30, 2017. For Three Months Ended in RMB million June 30, 2017 March 31, 2017 June 30, 2016 QoQ Change YoY Change Amount of Loans Facilitated 8,189.6 6,922.7 4,538.7 18% 80% Total Net Revenue 1,18... 
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07/12/17Yirendai Announces Dismissal of Class Action Lawsuit
BEIJING, July 12, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), today announced that the United States District Court for the Central District of California (the "Court") dismissed in its entirety a putative securities class action lawsuit brought against Yirendai and several executives concerning alleged misstatements or omissions in public releases and regulatory filings made by the Company. Yirendai is pleased that the Court has dismissed ... 
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07/10/17Yirendai to Report Second Quarter 2017 Results on August 1, 2017
BEIJING, July 10, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2017 before U.S. market opens on Tuesday, August 1, 2017. Yirendai's management will host an earnings conference call at 8:00 a.m. Eastern Time on August 1, 2017, (or 8:00 p.m. Beijing/Ho... 
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06/15/17Yirendai Recognized as Best P2P Lending Platform in China at the Future of Finance Summit
BEIJING, June 15, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that it was awarded the Best P2P Lending Platform in China Award at The Future of Finance Summit (the "Summit") held in Singapore on June 8-9, 2017. Yirendai is the first FinTech company in China to receive this prestigious reward. Organized by The Asian Banker, a leading provider of strategic intelligence on the financial se... 
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05/22/17Yirendai Reports First Quarter 2017 Financial Results
BEIJING, May 22, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced its unaudited financial results for the quarter ended March 31, 2017. Starting from the second quarter of 2016, the Company changed its reporting currency from the U.S. dollar ("US$") to the Renminbi ("RMB"), to reduce the impact of increased volatility of the RMB to US$ exchange rate on the Company's reported operatin... 
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04/26/17Yirendai to Report First Quarter 2017 Results on May 22, 2017
BEIJING, April 26, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2017 before the U.S. market opens on Monday, May 22, 2017, U.S. Eastern Time. Yirendai's management will host an earnings conference call at 8:00 a.m. on May 22, 2017, U.S. Eastern Time (8:00 p.m. on May 22, 2017, Beijing/Hong K... 
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04/24/17Yirendai Files Annual Report on Form 20-F
BEIJING, April 24, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2016 with the Securities and Exchange Commission on April 24, 2017. The annual report can be accessed on Yirendai's website at http://yirendai.investorroom.com. The Company will provide a hard copy of the annual report containing its audited con... 
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04/20/17Yirendai Announces Incremental Progress in Facilitating Loan Products with Asset-Backed Security Structure
BEIJING, April 20, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that the Company has made incremental progress in facilitating consumer loan products with asset-backed security ("ABS") structure. During fiscal year 2016, the Company facilitated a trust (the "Trust") to extend loans with an aggregate principal amount of RMB300 million to borrowers on Yirendai's online... 
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03/30/17Yirendai Enters into an Agreement of Intent on Performance Bond with PICC P&C
BEIJING, March 30, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that it has entered into an agreement of intent (the "Agreement") with the Beijing branch of PICC Property and Casualty Company Limited (2328.HK) ("PICC P&C"), the largest property and casualty insurance company in China[1]. Under the terms of the Agreement, PICC P&C will provide Yirendai with performance ... 
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03/16/17Yirendai Appoints Chief Credit Officer
BEIIJING, March 16, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced the appointment of Dr. Yichuan Pei as its Chief Credit Officer. Dr. Pei will be responsible for the overall management of Yirendai's Credit Department to ensure that the credit risk of loan portfolio on the Company's platform is within the Company's guidelines. He will also work closely with the Company's Chief Risk Of... 
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03/15/17Yirendai Reports Fourth Quarter and Full Year 2016 Financial Results
BEIJING, March 15, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced its unaudited financial results for the quarter and full year ended December 31, 2016. Starting from the second quarter of 2016, the Company changed its reporting currency from the U.S. dollar ("US$") to the Renminbi ("RMB"), to reduce the impact of increased volatility of the RMB to US$ exchange rate on the Company's repor... 
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02/13/17Yirendai to Report Fourth Quarter and Full Year 2016 Results on March 15, 2017
BEIJING, Feb. 13, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that it plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2016 after the U.S. market closes on Wednesday, March 15, 2017, U.S. Eastern Time. Yirendai's management will host an earnings conference call at 8:00 a.m. on March 16, 2017, U.S. Eastern Time (8:00 p.m. on March 16,... 
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