Yiren Digital's "Zhiyu Large Model" Gains Regulatory Approval for Commercial Use, Marking New Milestone in AI Innovation
Rhea-AI Summary
Yiren Digital (NYSE: YRD) has achieved a significant milestone with regulatory approval for the commercial use of its proprietary 'Zhiyu Large Model' AI system. The approval was granted under the Interim Measures for Management of Generative Artificial Intelligence Services, making YRD one of only 128 approved generative AI services in Beijing as of April 10, 2025.
The Zhiyu Large Model offers features including real-time content processing, automated contract review, multilingual translation, and intelligent Q&A capabilities. The company has already integrated these features into core operations, resulting in significant efficiency improvements. Notably, their ZhuQue intelligent fund routing platform generated RMB 44 million in cost savings for 2024.
Yiren Digital plans to expand the model's applications, particularly in consumer-facing interactions. The company currently operates seven proprietary AI systems and has received recognition through membership in China's Artificial Intelligence Industry Alliance (AIIA) and inclusion in Beijing's Top 100 Software and Information Services Enterprises for 2024.
Positive
- Received regulatory approval for commercial AI deployment, joining elite group of 128 approved services
- ZhuQue platform achieved RMB 44 million cost savings in 2024
- Successfully operates seven proprietary AI systems
- Recognition from industry bodies including AIIA membership and Golden FinTech Excellence Award
Negative
- None.
News Market Reaction
On the day this news was published, YRD declined 3.27%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The Zhiyu Large Model, a versatile foundation model, leverages Yiren Digital's advanced AI capabilities to deliver a range of solutions, including real-time content processing and analysis, automated contract review, multilingual translation, intelligent Q&A and code generation capabilities. These features have been integrated into the company's core workflows such as meeting management, legal document review, and tax/financial operations, driving measurable efficiency gains and fostering a smarter digital workplace.
Building on this success, Yiren Digital will actively broaden the model's applications across diverse business scenarios, with particular focus on enhancing consumer-facing (2C) interactions. The goal is to deliver more natural and human-like engagement through AI-powered interfaces. Future integration with customer service systems will further elevate responsiveness and overall service quality.
Since its inception, Yiren Digital has consistently prioritized technological innovation and has developed a suite of seven proprietary AI systems that form the backbone of its operations, including the DiTing intelligent decision-making system, LingShu intelligent marketing platform, QingNiao smart customer service solution, and ZhuQue intelligent fund routing platform. The ZhuQue platform exemplifies the company's technological prowess, employing sophisticated algorithms to optimize fund allocation based on dynamic analysis of borrower credit profiles, partner risk parameters, and cost structures. This system alone generated annual cost savings of
The regulatory approval positions Yiren Digital among an elite group of innovators. As of April 10, 2025, only 128 generative AI services in
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.
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SOURCE Yiren Digital
FAQ
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