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Yirendai Announced Change of Chief Technology Officer

BEIJING, April 22, 2016 /PRNewswire/ -- Yirendai Ltd. YRD, +9.37% ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that Mr. Nian Duan, resigned from the position of Chief Technology Officer of the Company due to personal reasons, effective immediately. Yirendai's Chief Executive Officer, Ms. Yihan Fang, will assume the responsibility of technology development.

"We appreciate Nian's contribution to our business growth during his tenure," said Ms. Yihan Fang, CEO of Yirendai. "We will continue to invest in technology product development and build a strong engineering team to support the strong growth momentum of our business. In the meantime, we wish all the best for Nian's future endeavor as an entrepreneur."

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Such statements are based upon...


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