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Yiren Zhike: has provided financing services of nearly 10 billion yuan for small and micro enterprises in wholesale and retail industries

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China Securities News (Reporter Wang Hui) - Yiren Zhike, a Chinese concept stock company in the US, announced on June 18th that June 2024 is the National Service Month for Small and Medium sized Enterprises. As a leading financial technology platform, the company has been actively practicing corporate social responsibility, deeply understanding the financing pain points and difficulties of small and micro enterprises, and working with various licensed financial institutions to send timely financial "rain" to help serve the development of small and micro enterprises.
As of now, Yiren Zhike services have covered more than 300 prefecture level administrative regions and more than 2600 county-level administrative regions nationwide, providing nearly 10 billion yuan in financing services for industries such as wholesale and retail, traditional manufacturing, accommodation, and catering, indirectly supporting the employment of hundreds of thousands of people, connecting financial institutions and small and micro enterprises, not only meeting the demand of traditional financial institutions for high-quality assets, but also meeting the real and reasonable financing needs of small and micro enterprises in diverse scenarios.
Tang Ning, CEO of Yiren Zhike, stated that in the past few years, the company has continued to pay attention to the comprehensive service needs of small and micro enterprises, and has created the Yixianghua platform. It is committed to providing equal, inclusive, and flexible financial services to small and micro enterprise owners who find it difficult to access traditional financial services. In 2023, it launched 10 products aimed at supporting small and micro enterprises, including merchant loans and e-commerce loans, to help more independent small and micro enterprise owners obtain financial first loans and unlock the unlimited potential of their career development. In the future, the company will rely on AI technology innovation to strengthen the connection between the demand side and the supply side, and continuously improve its financial service and product innovation capabilities for small and micro enterprises.
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