Slide 1: Yiren Digital Investor Presentation
Yiren Digital Investor Presentation March, 2025
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Yiren Digital solely for information purposes. This presentation does not constitute an offer to sell or issue or an invitation or recommendation to purchase or subscribe for any securities of the Company for sale in the United States or anywhere els
Slide 3: Our Vision
Our Vision “Our vision is to elevate customers' life quality by delivering AI-powered digital services, while also empowering the technological capabilities of selected sectors.” Better tech. Better life.
Slide 4: Company Overview
01 Company Overview
Slide 5: A Leading AI-Driven Financial & Lifestyle Services Platform
A Leading AI-Driven Financial & Lifestyle Services Platform Diversified Business Lines Driving Innovation and Value Financial Services Life & Property Insurance Consumption and lifestyle Revolving loan services provide Customized insurance services to cater to Satisfying diverse quality-of-life need
Slide 6: Financial Services: Technology Driven Loan Facilitation Model
Financial Services: Technology Driven Loan Facilitation Model Loan Repayment Customer Referral， Credit Application Collections & Risk Mgmt Services AI Risk/Anti-Fraud Borrowers Institutional Post-facilitation Service Fees Funding Services Partners Intelligent KYC E-Signing Platform Funding
Slide 7: Revolving Financing Services
Revolving Financing Services Precise Targeting, Diverse Acquisition Precise-targeting Customers Multi-acquisition Channels • 100mn+ borrowers served • Social media marketing • Mainly aged 25-40 • E-commerce & life service platforms • Stable salary or self-employed Revolving loans ranging from 4-200k
Slide 8: Strong Risk Control Capability
Strong Risk Control Capability 18 years of experience and data accumulation in the credit-tech business Extensive Strong capability to understand data across economic cycles and the lifecycle of loans. Data Accumulation Over 100 million of registered users, and millions of customers’ database 30+ Cr
Slide 9: Data-powered Flywheel to Drive Growth
Data-powered Flywheel to Drive Growth More customers and repeat users More data plugged into Better products our AI-driven system to and services make it more intelligent and efficient Deliver more Attract more partners personalized user with better offerings experience and diverse and terms service
Slide 10: Insurance: Providing Full Spectrum Products and Services
Insurance: Providing Full Spectrum Products and Services Competitive edges: 1）Nationwide business deployment 2）Experienced teams on property, life insurance and internet industry 3）Strong capacities in product innovation and market expansion Customer Acquistion Multi-layer of customer needs Product
Slide 11: Insurance Growth Strategy: 2B2C Model
Insurance Growth Strategy: 2B2C Model Customized Scenario-based Insurance Rich Application Scenarios products under 2B2C model Hexiang Insurance Medicine & Healthcare Travel & Leisure Serving both 2B and 2C clients 2B Corporate Clients with diversified products. After being served by Hexiang, workin
Slide 12: Insurance: Diverse and Rich Resources and Networks
Insurance: Diverse and Rich Resources and Networks As of December 31, 2024, 120+ Partner Institutions Nationwide 1200+ insurance products on the shelf Our Partnering Insurers
Slide 13: Revenue Models and Monetization
Revenue Models and Monetization External funding Loan facilitation & Post origination partners service fees1 Financial Loan facilitation & Post origination service fees1 Services YRD licensed Guarantee service fees subsidary Financing service fees Insurance Insurance Insurance commissions Brokerage
Slide 14: Key Financial Highlights
02 Key Financial Highlights
Slide 15: What We Achieved in FY2024
What We Achieved in FY2024 +49% +45% +19% yoy yoy yoy # of Borrowers Loans Facilitated Total Revenue Served - Solid and sustainable growth in revenue and business scale - Healthy balance sheet and proactive shareholder returns - Core competitive advantages across all operations enhanced by ‘AI Lab’
Slide 16: Stable Volume Growth Supported by Expanded Borrower Base
Stable Volume Growth Supported by Expanded Borrower Base Number of Borrowers Loans Facilitated (RMB Million) 4Q24: 1,560,789 4Q24: +4% QoQ 1,491,756 1,498,020 +15% QoQ 15,353 +14% YoY 1,371,501 1,352,200 +32% YoY 13,393 12,936 1,204,012 11,646 11,910 1,013,972 9,814 872,235 8,156 6,420 1Q23 2Q23 3Q2
Slide 17: Dynamics of New and Repeat borrowing on Yixianghua Platform
Dynamics of New and Repeat borrowing on Yixianghua Platform New borrowings Repeat borrowings 32% 33% 35% 41% 39% Starting in H2 2023, the company 45% 45% 44% upgraded its customer segmentation, attracting higher-quality borrowers with stronger repayment capabilities and better risk profiles. By Q1 2
Slide 18: Insurance Brokerage Business: Key Strategic Pillar
Insurance Brokerage Business: Key Strategic Pillar Gross Written Premiums Cumulative Number of Insurance Clients (RMB Million) 4Q24: 4Q24: -19% QoQ +4% QoQ 1,532,119 -9% YoY +19% YoY 1,470,738 1,410,158 1,343,660 1,283,102 1,428 1,256,762 1,332 1,351 1,133,069 1,209 1,007,238 1,100 1,061 923 912 1Q2
Slide 19: Steady Revenue Growth with Expanded Business Scale
Steady Revenue Growth with Expanded Business Scale Net Revenue (RMB Million) (RMB Million) 4Q24: -2% QoQ FY24: +19% YoY +14% YoY 5,806 1,497 1,479 4,896 1,452 1,324 1,311 1,378 1,274 986 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 FY23 FY24
Slide 20: Strategic Adjustments: Positioning for Sustainable Profitability
Strategic Adjustments : Positioning for Sustainable Profitability GAAP Net Income (RMB Million) (RMB Million) 4Q24: -7% QoQ FY24: -24% YoY -42% YoY 554 571 527 2,080 486 427 410 1,582 355 331 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 FY23 FY24 Note: The decrease in net income was mainly attributed to:
Slide 21: Delinquency Rates
Delinquency Rates 1-30 days 31-60 days 61-90 days 2.1% 2.0% 2.0% 1.9% 1.8% 1.7% 1.6% 1.6% 1.5% 1.5% 1.4% 1.4% 1.4% 1.3% 1.2% 1.2% 1.2% 1.2% 1.2% 1.2% 1.1% 1.1% 0.7% 0.6% FY20 FY21 FY22 FY23 1Q24 2Q24 3Q24 4Q24
Slide 22: Future Strategies
Future Strategies Financial service business Insurance brokerage Proactively adapting products and partnerships to 01 Expanding customer base and increasing line of credits for high quality borrowers through constantly-evolving AI systems and improved 02 embrace new regulations in the short-term, an
Slide 23: Investment Highlights
Investment Highlights Diversified Business Lines Driving Innovation and Value Comprehensive services covering a wide range of financial needs and consumption demands, strong synergies, healthy unit 01 economics with multiple growth drivers A Leading AI Business in the Making 02 Harnessing AI experti
Slide 24: Appendix
03 Appendix
Slide 25: Income Statement
| ncome State men t ‘Unaudited Condensed Consolidated Statements of Operations (in thousands, except for share, per share and per ADS data, and percentages) For the Three Months Ended For the Year Ended December 31, September 30, December 31, December 31, December 31, December 31, December 3. 2023,
Slide 26: Cash Flow Data
Cash Flow Data Unaudited Condensed Consolidated Statements of Operations (in thousands, except for share, per share and per ADS data, and percentages) For the Three Months Ended For the Year Ended December 31, September 30, December 31, December 31, December 31, December 31, _ December 31, 2023 2024
Slide 27: Balance Sheets
Balance Sheets Unaudited Condensed Consolidated Balance Sheets (in thousands) Asof December 31, September 30, _ December 31, December 3T, 2023 2024 2024 2024 RMB RMB RMB USD Cash and cash equivalents 5,791,333 3.705.866 3.841.284 526.254 Trading securities 76,053 63.276 17426 10,507 Guarantee recenv
Slide 28: Operating Highlights
Operating Highlights Operating Highlights and Reconciliation of GAAP to Non-GAAP Measures (a thousands, except for number of borrowers, number of insurance clients, cumulative number of insurance clients and percentages) (Operating Highlights Amount of loans facilitated ‘Number of borrowers Remainin
Slide 29: Delinquency Rates
Delinquency Rates Delinquency Rates 1-30 days 31-60 days 61-90 days 1.3% 0.7% 0.6% December 31, 2020 December 31, 2022 1.7% 1.2% 1.1% March 31, 2024 2.1% 1.6% 1.4% September 30, 2024 1.8% 1.2% 1.2%
Slide 30: Delinquency Rates by Vintage
Delinquency Rates by Vintage * The 30+ days delinquency rate by vintage refers to the outstanding principal balance of loans facilitated over a specified period that are more than 30 days past due, as a percentage of the total loans facilitated during that same period. Loans originating outside main
Slide 31: THANKS!
THANKS! For more information, please contact our IR team at ir@yiren.com Welcome to follow us on LinkedIn & X @Yiren Digital Ltd.