Yiren Digital's Insurance Arm Secures Spot on Beijing Foreign Enterprise Human Resources Service Co's (FESCO) Approved Supplier List
Portfolio Pulse from Benzinga Newsdesk
Hexiang Insurance Brokers, a subsidiary of Yiren Digital (YRD), has been added to the Approved Supplier List of Beijing Foreign Enterprise Human Resources Service Co. (FESCO). This inclusion marks a significant step for Hexiang in expanding its commercial insurance solutions to foreign enterprises.
February 06, 2024 | 10:05 am
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Yiren Digital's subsidiary, Hexiang Insurance Brokers, has been included in FESCO's Approved Supplier List, expanding its commercial insurance services to foreign enterprises.
Being added to FESCO's Approved Supplier List is a significant achievement for Hexiang Insurance Brokers and, by extension, Yiren Digital. This development is likely to open new business opportunities and revenue streams for Yiren Digital, enhancing its market position and potentially leading to positive investor sentiment in the short term.
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