Yirendai Ltd. announced that it has connected to the Internet Finance Industry Credit Information Sharing Platform established by the National Internet Finance Association of China. The Platform was established to serve as an industry wide credit data sharing database in aims of reducing credit risk, improving the credit environment and promoting the healthy development of the internet finance industry. Currently, all leading online lending platforms are required to upload their operating credit data to the Platform's database and members can only make manual inquiries on the Platform through its webpage. Yirendai has been selected by NIFA to participate in a pilot project to enable automatic queries and the company expects to launch an automated query function in its system shortly.