BEIJING, March 27, 2025 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital”), an AI-powered platform providing a comprehensive suite of financial and lifestyle services in China, today announced the formation of a strategic joint venture (the “JV”) with PT. Pinjaman Kemakmuran Rakyat (“klikUMKM”) and PT. Artha Digital Investama, member of Artha Graha Network (altogether “AG Network”).  AG Network is a leading Indonesian conglomerate with businesses in finance, retail, agriculture, telecommunications, and manufacturing. The partnership combines Yiren Digital’s cutting-edge financial technology expertise and AG Network’s deep local market knowledge to develop innovative digital solutions, addressing the growing demand for accessible financial services and inclusive finance in Southeast Asia’s largest economy.

Under the collaboration, Yiren Digital will integrate its AI-driven capabilities and proprietary technologies into the JV’s operations, including advanced risk management algorithms, automated customer service platforms, and data-driven marketing solutions. The technological foundation will enable the platform to scale efficiently and deliver secure, customer-centric financial services tailored to the Indonesian market.

The JV will also capitalize on AG Network’s established local market presence and regulatory expertise, which includes compliance with local regulatory requirements and a nuanced understanding of domestic market dynamics. AG Network’s support is expected to expedite regulatory approvals and ensure swift market entry for the JV.

The JV is expected to commence operation in the second half of 2025.

Beyond the JV, the partnership aims to explore additional technology collaborations, supporting AG Network’s broader digital transformation initiatives across its diverse business portfolio.

Mr. Ning Tang, Chairman and CEO of Yiren Digital, commented: “The partnership with AG Network marks a significant milestone in our international expansion strategy. It underscores our AI capabilities in credit financing and our ability to deploy these technologies at scale. I am confident that this collaboration will drive financial and technological innovation in Indonesia’s market of 281 million people, fostering greater financial inclusion.”

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 management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yiren Digital’s control. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to Yiren Digital’s ability to attract and retain borrowers and investors on its marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, PRC regulations and policies relating to the peer-to-peer lending service industry in China, general economic conditions in China, and Yiren Digital’s ability to meet the standards necessary to maintain the listing of its ADSs on the NYSE or other stock exchange, including its ability to cure any non-compliance with the NYSE’s continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in Yiren Digital’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Yiren Digital does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

About Yiren Digital

Yiren Digital Ltd. is an advanced, AI-powered platform providing a comprehensive suite of financial and lifestyle services in China. Our mission is to elevate customers’ financial well-being and enhance their quality of life by delivering digital financial services, tailor-made insurance solutions, and premium lifestyle services. We support clients at various growth stages, addressing financing needs arising from consumption and production activities, while aiming to augment the overall well-being and security of individuals, families, and businesses.

About Artha Graha Network 

Headquartered in South Jakarta, Artha Graha Network is a leading Indonesian conglomerate with business spanning financial services, real estate development, retail management, agriculture and telecommunication. Artha Graha Network provides innovative, sustainable finance solutions and banking services, driven by digital innovation and a commitment to financial inclusion.

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SOURCE Yiren Digital

TAIPEI, March 27, 2025 /PRNewswire/ — TAITRA (Taiwan External Trade Development Council) has announced that Dr. Rick Tsai, CEO of MediaTek, will deliver a keynote at COMPUTEX 2025, discussing AI vision from edge to cloud. The keynote is scheduled for May 20 at 11:00 AM (UTC+8) on the exhibition’s opening day at Taipei Nangang Exhibition Center, Hall 2, 7F.

As a global leader in semiconductor technology and AI computing, MediaTek continues to drive innovation across devices, smart homes, automotive electronics, IoT, and data center technologies. At COMPUTEX 2025, MediaTek CEO Dr. Rick Tsai will outline MediaTek’s vision for AI computing from edge to cloud, explore the evolution of next-generation connectivity, and discuss how high-performance, power-efficient chipsets are shaping our future.

Dr. Tsai brings extensive leadership experience in the semiconductor and technology industries. Under his leadership, MediaTek has further strengthened its position as a leading innovator of advanced chip solutions, maintaining a leading position in the global mobile chipset market and driving progress in the entire portfolio of technology platforms. Demonstrate how MediaTek’s vision to empower a connected, intelligent world for everyone.

COMPUTEX 2025 with the theme “AI Next,” is set to take place from May 20th to May 23rd at Taipei Nangang Exhibition Center Hall 1 & 2. This event will host nearly 1,400 exhibitors across 4,800 booths, showcasing three major themes: AI & Robotics, Next-Gen Tech, and Future Mobility.

Registration for COMPUTEX Keynote will open in April, please stay tuned and follow us on our website: https://www.computextaipei.com.tw/en/index.html.

For more exhibition information: 

COMPUTEX: www.computextaipei.com.tw 

InnoVEX: www.innovex.com.tw 

About COMPUTEX 

COMPUTEX was founded in 1981. It has grown with the global ICT industry and become stronger over the last four decades. Bearing witness to historical moments in the development of and changes in the industry, COMPUTEX attracts more than 40,000 buyers to visit Taiwan every year. It is also the preferred platform chosen by top international companies for launching epoch-making products. 

Taiwan has a comprehensive global ICT industry chain. Gaining a foothold in Taiwan, COMPUTEX is jointly held by the Taiwan External Trade Development Council and Taipei Computer Association, aiming to build a global tech ecosystem. COMPUTEX uses cross-domain integration and innovation services as the most powerful driving forces for achieving the goal of becoming a new platform for global technological resources. 

About TAITRA: 

Founded in 1970, TAITRA is Taiwan’s foremost nonprofit trade-promoting organization. Sponsored by the government and industry organizations, TAITRA assists enterprises in expanding their global reach. Headquartered in Taipei, TAITRA has a team of 1,300 specialists and operates 5 local offices as well as 62 branches worldwide. Together with Taipei World Trade Center (TWTC) and Taiwan Trade Center (TTC), TAITRA has formed a global network dedicated to promoting world trade.

TAITRA’s five local branch offices in Taoyuan, Hsinchu, Taichung, Tainan, and Kaohsiung provide services to companies outside metropolitan Taipei. Through these domestic offices, TAITRA is able to maintain close contact and interaction with local companies in their respective areas and provide direct and substantial services in areas such as feature trade promotion, business information, market seminars, on-the-job training, procurement meetings, meeting room rental, etc. Branch offices play vital roles in Taiwan Trade Shows coordination between Taipei headquarters and local companies, and invite buyers to visit local industries.

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SOURCE COMPUTEX

NVIDIA, Cisco, Foxconn, Pegatron, AUO, and other AI giants lead the way in settling in Asia New Bay Area (ANBA).

KAOHSIUNG, March 27, 2025 /PRNewswire/ — The NVIDIA GTC (GPU Technology Conference), a premier global AI event, recently convened global tech leaders to unpack artificial intelligence’s transformative impact. Amid this spotlight, Taiwan stands tall, producing 90% of the world’s AI servers and powering the next wave of technological advancement.

At the heart of this surge is Kaohsiung’s Asia New Bay Area (ANBA), a 1,360-acres innovation hub where Taiwan’s major tech players such as Cisco, Genesis, Foxconn, AUO, Pegatron and are driving the future of AI and smart technology. ANBA, fueled by over US$3.2 billion in public and private investment, is a cornerstone of Taiwan’s industrial innovation strategy.

Its strategic perch at the nexus of global trade, with unmatched sea, air, and port access, makes it a magnet for high-tech industries. Specific measures include a dedicated 5G network, fintech sandbox, digital transformation subsidies, and technology R&D incentives. A robust computing foundation powered by advanced AI supercomputing that is growing yearly through sustained investment. Pairing this with a vibrant ecosystem and deep talent pool, ANBA is transforming Kaohsiung into a waterfront tech hub for smart technology. This dynamic hub has already drawn 175 tech companies, spanning emerging fields like AI, semiconductors, and green energy, as well as applications in healthcare and petrochemical and steel industry transformation, ANBA has partnered with leading global cloud providers such as AWS, Microsoft, and Google, positioning Kaohsiung as a global pacesetter in smart tech applications and innovation.

Several world-class manufacturers in the ANBA are actively advancing AIoT, smart manufacturing, and digital twin technologies. These efforts not only drive the localization of global supply chain technologies but also foster cross-border collaborations.

Cisco and Genesis have partnered to establish the “AIoT Sustainable Innovation R&D Center”, and promote the “AIoT Sustainable Industry Chain Development Base” and the “Cybersecurity and Network Talent Training” initiative. The project aims to train over a thousand technical specialists to obtain Cisco professional certifications, creating a data and digital twin platform for cybersecurity protection and anomaly detection. This initiative seeks to transform Kaohsiung Port into a global model for smart logistics and supply chain automation.

Foxconn, through the establishment of the “Foxconn Kaohsiung Software R&D Center”, is focusing on three key areas: smart cities, smart manufacturing, and smart EVs. The company is developing the CityGPT platform, integrating MODELT and electric vehicles as mobile IoT carriers. Through the “Super App”, Foxconn is connecting smart transportation and smart tourism to offer enhanced intelligent services.

AUO Corporation is dedicated to the development of innovative solutions, actively promoting applications in smart displays, AIoT, and 5G technologies through the AUO Solution Research and Development Center. In collaboration with the ITRI, they have integrated physical and virtual experiences with the “AI Cross-screen Navigation System” on the smart ferry in Asia New Bay Area, creating a globally leading “Transparent Micro LED AI Smart Window”. Recently, AUO also launched Taiwan’s first and largest “Suspended Curved Mini LED Sky Screen” at KW2 shopping mall, enhancing the visual experience. Leveraging the industrial cluster’s advantages of Asia New Bay Area, AUO has assembled over 15 partners in industry chain to extend the vertical economy and pioneer three major cross-domain AI innovations. These efforts aim to introduce advanced display technologies in Asia New Bay Area, driving the group’s growth potential in deepening vertical markets.

Pegatron, leveraging its years of expertise and AI technology integration, provides comprehensive solutions for the digital transformation and AI advancement of the global manufacturing industry. The company has established its second R&D center in Taiwan, located in ANBA, focusing on the development of AI-driven intelligent systems. This initiative has also facilitated the digital transformation of over 15 manufacturing firms, positioning ANBA as a hub for an international digital transformation alliance.

With those International Enterprises leading the charge, ANBA has become more than just Taiwan’s AI frontier—it is a key player in the global technology ecosystem. Strengthened by international investment and local expertise, ANBA is forging cross-regional partnerships with North America, Europe, and Southeast Asia, setting new benchmarks for AI-driven smart manufacturing. As Taiwan continues to push the boundaries of AI and next-generation industries, Kaohsiung is poised to play a defining role in shaping the future of global technology.

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SOURCE ASIA NEW BAY AREA INTELLIGENT TECHNOLOGY INNOVATION PARK OFFICE