Fintech News

Yiren Digital Announces Increase in Beneficial Ownership by Mr. Ning Tang Following Controlling Shareholder Restructuring

Yiren Digital Announces Increase in Beneficial Ownership by Mr. Ning Tang Following Controlling Shareholder Restructuring

Yiren Digital Ltd., a leading fintech company specializing in digital consumer lending, insurance and financial technology innovation across China and global markets, announced that it has been notified by CreditEase Holdings (Cayman) Limited, the Company’s controlling shareholder (the “Controlling Shareholder”), that a change in the Controlling Shareholder’s shareholding structure took place on June 5, 2026 (the “Restructuring”). As a result of the Restructuring, Mr. Ning Tang, the Company’s Executive Chairman and Chief Executive Officer, now beneficially owns the entire equity interests in the Controlling Shareholder. Accordingly, Mr. Ning Tang’s indirect beneficial ownership of the Company’s ordinary shares has increased from approximately 35.6% to approximately 82.0% of the total issued and outstanding ordinary shares of the Company. Prior to the Restructuring, Mr. Ning Tang held a 43.4% equity interest in the Controlling Shareholder.

Read More on Fintech : Global Fintech Interview with Rob Young, Managing Director – UK at InDebted

The Restructuring relates solely to the ownership structure of the Controlling Shareholder and does not result in any change to the Company’s day-to-day operations, management, business strategy, or corporate governance.

Catch more Fintech Insights : The AI Shift in Fraud: Why Banks Need a New Playbook

[To share your insights with us, please write to psen@itechseries.com ]

Related posts

PCI Pal Announces Amazon Connect Integration and AWS Marketplace Availability

Fintech News Desk

225 of Kasasa’s Financial Institution Clients Select Industry-Leading Identity Verification and Fraud Platform from Socure

Fintech News Desk

Decentralized Oracle Solution Umbrella Network Expands Strategic Partnership with HashQuark

Fintech News Desk
1