Yiren Digital CEO Ning Tang Subject to Criminal Measures
Yiren Digital announced that CEO Ning Tang is subject to criminal compulsory measures following a police investigation into affiliates of the company's controlling shareholder.
Financial technology company Yiren Digital Ltd. announced on October 12, 2026, that its Executive Chairman and Chief Executive Officer, Ning Tang, has been subject to criminal compulsory measures. The action follows a police notice regarding an investigation into affiliates of the company's controlling shareholder.
Yiren Digital stated that it has not received official notification from authorities and cannot comment on the specific nature or timeline of the investigation. The company warned that these measures may prevent Ning Tang from performing his duties for an extended period.
While the company maintains that the investigation is not directly related to its business operations, it acknowledged that the situation could adversely affect the firm's reputation and financial condition. Yiren Digital reported that business operations remain normal and the Board of Directors is implementing contingency plans to manage the impact on corporate governance.
