2016 Press Releases

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12/19/16Yirendai Strengthens Board of Directors with Appointment of Chaomei Chen as Independent Director
BEIIJING, Dec. 19, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that its board of directors ("the Board") has appointed Ms. Chaomei Chen as a director of the Company, effective December 18, 2016. Ms. Chen, who has met the independence requirements of Section 303A of the Corporate Governance Rules of the NYSE and Rule 10A-3 under the Securities Exchange Act of 1934, has a... 
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11/22/16Yirendai to Hold 2016 Annual General Meeting on December 6, 2016
BEIJING, Nov. 22, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China connecting investors and individual borrowers, today announced that it will hold its 2016 annual general meeting of shareholders at 42nd Floor, Edinburgh Tower, The Landmark, 15 Queen's Road Central, Hong Kong on December 6, 2016 at 4:00 p.m. (Hong Kong time). Holders of common shares of the Company whose names are on the register of mem... 
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11/15/16Yirendai Reports Third Quarter 2016 Financial Results
BEIJING, Nov. 15, 2016 /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 September 30, 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 reported operating res... 
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10/31/16Yirendai to Report Third Quarter 2016 Financial Results on November 15, 2016
BEIJING, Oct. 31, 2016 /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 third quarter ended September 30, 2016 after the U.S. market closes on Tuesday, November 15, 2016, U.S. Eastern Time. Yirendai's management will host an earnings conference call at 8:00 a.m. on November 16, 2016, U.S. Eastern Time (9:00 p.m. on November 16, 2016, ... 
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10/21/16Yirendai to Attend Upcoming Investment Conferences in November 2016
BEIJING, Oct. 21, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that it will meet with institutional investors at the following upcoming investment conferences in November 2016. On November 1-3, Yirendai will meet with investors at the HSBC 8th Annual Asia Investor Forum at the JW Marriott Essex House in New York and the Boston Harbor Hotel in Boston. On November 2-3, Yirendai will meet ... 
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08/09/16Yirendai Reports Second Quarter 2016 Financial Results
BEIJING, Aug. 9, 2016 /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 June 30, 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 reported operating results. ... 
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07/25/16Yirendai to Report Second Quarter 2016 Financial Results on August 9, 2016
BEIJING, July 25, 2016 /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 second quarter ended June 30, 2016 after the U.S. market closes on August 9, 2016, U.S. Eastern Time. Yirendai's management will host an earnings conference call at 8:00 a.m. on August 10, 2016, U.S. Eastern Time (8:00 p.m. on August 10, 2016, Beijing/Hong Kong Ti... 
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07/01/16Yirendai to Attend the Morgan Stanley GEMs Conference in New York City
BEIJING, July 1, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that it will meet with institutional investors at the Morgan Stanley Global Emerging Markets ("GEMs") Conference from Wednesday, July 13 to Thursday, July 14, 2016 at The St. Regis Hotel in New York City. Investors who are interested in attending this conference and meeting with Yirendai should contact their sales rep... 
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06/13/16Yirendai Appoints Chief Operating Officer and Chief Technology Officer
BEIJING, June 13, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced the appointment of Mr. Yang Cao to the positions of chief operating officer and chief technology officer of the Company. In these roles, Mr. Cao will lead the Company's technology, product and engineering divisions and oversee business operations including customer acquisition, business development and product marke... 
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05/25/16Yirendai to Attend Upcoming Investment Conferences in June 2016
BEIJING, May 25, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that it will meet with institutional investors at the following upcoming investment conferences in June 2016. On June 9-10, Yirendai will meet with investors at the Nomura Investment Forum Asia 2016 at the Ritz-Carlton Millenia in Singapore. On June 13-14, Yirendai will meet with investors at the HSBC 4th Annual Asia Investo... 
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05/11/16Yirendai Reports First Quarter 2016 Financial Results
BEIJING, May 11, 2016 /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, 2016. For the first quarter of 2016, Yirendai facilitated US$534.5 million of loans to qualified individual borrowers on its online marketplace, representing a 110% year-over-year growth, recognized total net revenue of US$85.1 million, up 187% ... 
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04/28/16Yirendai to Report First Quarter 2016 Financial Results on May 11, 2016
BEIJING, April 28, 2016 /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, 2016 after the U.S. market closes on Wednesday, May 11, 2016, U.S. Eastern Time. Yirendai's management will host an earnings conference call at 8:00 a.m. on May 12, 2016, U.S. Eastern Time (8:00 p.m. on May 12, 2016, Beijing/Hon... 
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04/28/16Yirendai to Attend Upcoming Investment Conferences in May 2016
BEIJING, April 28, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that it will meet with institutional investors at the following upcoming investment conferences in May 2016. On May 16-17, Yirendai will meet with investors at the HSBC China Conference at the Hilton Shenzhen Futian Hotel in Shenzhen, China. On May 18-19, Yirendai will meet with investors at the Goldman Sachs TechNet C... 
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04/25/16Yirendai Announces Completion of Issuance of Securities Backed by Loan Assets Facilitated Through its Online Marketplace
BEIJING, April 25, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced the completion of issuance of RMB 250 million asset-backed securities ("ABS"), the underlying assets of which are loans extended by a trust through Yirendai's online consumer finance marketplace with a total principal of the same amount. On March 1, 2016, the Company announced that it had facilitated a trust to ex... 
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04/22/16Yirendai Announced Change of Chief Technology Officer
BEIJING, April 22, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that Mr. Nian Duan, resigned from the position of Chief Technology Officer of the Company due to personal reasons, effective immediately. Yirendai's Chief Executive Officer, Ms. Yihan Fang, will assume the responsibility of technology development. "We appreciate Nian's contribution to our business growth during his... 
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03/25/16CreditEase Elected as a Standing Council Member of the Association of China Internet Financial Industry
BEIJING, March 25, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that CreditEase, Yirendai's parent company, was elected as a standing council member of the Association of China Internet Financial Industry (the "ACIFI" or the "Association"), a self-regulatory organization created to formulate regulation and enhance supervision of China's internet finance industry. The Association w... 
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03/09/16Yirendai Reports Fourth Quarter and Full Year 2015 Financial Results
BEIJING, March 9, 2016 /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, 2015. For the fourth quarter of 2015, Yirendai facilitated US$509.7 million of loans to qualified individual borrowers on its online marketplace, and recognized total net revenue of US$71.1 million and net income of US$13.0 million. For the full y... 
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03/02/16Yirendai to Report Fourth Quarter and Full Year 2015 Results on March 9, 2016
BEIJING, March 2, 2016 /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, 2015 after the close of U.S. markets on Wednesday, March 9, 2016, U.S. Eastern Time. Yirendai's management will host an earnings conference call at 8:00 a.m. on March 10, 2016, U.S. Eastern Time (9:00 p.m. on March 1... 
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03/01/16Yirendai to Become the First Online Consumer Finance Marketplace in China Facilitating Loan Products with Asset-Backed Security Structure
BEIJING, March 1, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that the Company will become the first online consumer finance marketplace in China facilitating consumer loan products with asset-backed security ("ABS") structure. As part of Yirendai's strategy to diversify and expand its investor base from individual to institutional investors, the Company established a busine... 
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02/03/16Yirendai Entered Into Framework Agreement with Zheshang Bank to Cooperate on Microloan and Consumer Financing Services
BEIJING, Feb. 3, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that the Company has entered into a framework agreement (the "Agreement") with China Zheshang Bank Co., Ltd. ("Zheshang Bank") and CreditEase Pucheng Credit Assessment and Management (Beijing) Co., Ltd. ("CreditEase Pucheng"), a CreditEase group company. Under the Agreement, Yirendai will assist the cooperation ... 
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01/07/16Chaomei Chen Appointed Member of Yirendai Advisory Committee
BEIIJING, Jan. 7, 2016 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced the appointment of Chaomei Chen, former Chief Risk Officer of LendingClub, as a member of the Company's Advisory Committee, effective January 7, 2016. Ms. Chen will provide strategic advice and insight to Yirendai's senior management team on a broad range of issues including risk management, credit analysis, technology ... 
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