Yiren Digital (YRD) Q4 2025 Earnings Transcript
Key takeaways
- Founder, Chairman, and Chief Executive Officer — Ning Tang
- Good day, everyone, and thank you all for joining us.
- Heightened credit regulations and industry-wide deterioration in credit quality created significant pressure across our business.
Founder, Chairman, and Chief Executive Officer — Ning Tang
Ning Tang: Thank you, Keyao. Good day, everyone, and thank you all for joining us. In 2025, we celebrated 10-year anniversary of our listing on the New York Stock Exchange. Together, we have reached many milestones. We made a breakthrough in our AI innovation where we completed regulatory filing of our own large language model, Zhiyu. In the second half of the year, we released our first multi-agent platform, Magicube. With support of these AI tools, we incubated our Internet insurance business, which has achieved strong growth quarter -- strong growth quarter-after-quarter in 2025. 2025 was also a year that demanded the best of us and our team delivered.
Heightened credit regulations and industry-wide deterioration in credit quality created significant pressure across our business. Yet we navigated these headwinds with discipline and operational resilience. Equally important, we enter 2026 with growing confidence. Our next-generation fintech platform is gaining meaningful traction and validating the strategic investments we ve made. I m deeply grateful to our entire team for their dedication and resolve through one of the most challenging periods in our recent history. The rapid advancement of AI is fundamentally reshaping the industries we operate in, and we believe we are uniquely positioned to lead that transformation.