Yiren Digital, Ltd. is a leading personal financial services platform in China, providing both credit and wealth management services. For its credit business, Yiren Digital provides an effective solution to address largely underserved borrowers demand in China through online and offline customer acquisition channels. Yiren Digital deploys a proprietary risk management system, which enables Yiren Digital to effectively assess the creditworthiness of borrowers and appropriately price the risks associated with borrowers. Yiren Digital finances the loans to borrowers through the proceeds provided by third-party commercial banks, consumer finance companies and other licensed financial institutions. Yiren Digital refers to these funding sources collectively as its institutional funding partners. For its wealth management business, Yiren Digital targets China's mass affluent population and strives to provide customized wealth management services, with a combination of long-term and short-term targets as well as different types of investments, ranging from cash and fixed-income assets, to mutual funds and insurance.