Zafar Aziz
Deutsche Bank Aktiengesellschaft

Hello, and welcome to the 30th Deutsche Bank Depository Receipts Virtual Investor Conference, dbVIC. My name is Zafar Aziz. I'm the DR Investor Relations advisory team at Deutsche Bank. I'm pleased to announce that our next presentation will be from Yiren Digital.

Before handing over to our presenter, some points to note. Please submit your questions at any time throughout the presentation. Finally, all of today's presentations will be recorded and can be accessed via the Deutsche Bank website, adr.db.com. At this point, I'm very pleased to welcome our speaker from Yiren Digital.

Ka Hui
Chief Financial Officer

Hello, everyone. Thank you for taking the time joining Yiren Digital's Virtual Roadshow Hosted by Deutsche Bank. My name is William Hui and I am the CFO of the company. And we are making a great progress in our AI development and commercialization. These technologies are already helping us building the next-generation fintech platform. Before we get into our presentation, this is the compliance disclaimer.

So let me briefly walk through our company history. So we began digital lending business in 2006. We are listed on the New York Stock Exchange in 2015. In 2019, we expanded into insurance brokerage business through strategic restructuring and acquisitions. In 2025, we facilitated RMB 67.9 billion of loans -- consumer loans to near 4 million individual borrowers. And we also sold nearly 1 million insurance policy. We already sold the insurance policies to 1 million customers.

Since 2021, we have been investing heavily in AI R&D, we have our own GPU computing resource for model trainings. We built