GUANGZHOU, China, May 14, 2025
/PRNewswire/ -- CNFinance Holdings Limited (NYSE: CNF)
("CNFinance" or the "Company"), a leading home equity
loan service provider in China,
today announced that it will hold its annual general meeting of
shareholders (the "AGM") at 22/F, South Finance Center, No.
6 Wuheng Road, Tianhe District, Guangzhou City, Guangdong Province 510620, People's Republic of China on May 29, 2025 at 9:00
a.m. – 11:00 a.m. Beijing
Time. No proposal will be submitted for shareholder approval at the
AGM. Instead, the annual general meeting will serve as an open
forum for shareholders and beneficial owners of the Company's
American Depositary Shares ("ADSs") to discuss Company affairs with
management.
The board of directors of the Company has fixed the close of
business on May 22, 2025 as the
record date (the "Record Date") for determining the
shareholders entitled to receive notice of the AGM or any
adjournment or postponement thereof.
Holders of record of the Company's ordinary shares at the close
of business on the Record Date are entitled to attend the AGM and
any adjournment or postponement thereof in person. Beneficial
owners of the Company's ADSs are also welcome to attend the AGM in
person.
About CNFinance Holdings Limited
CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the
"Company") is a leading home equity loan service provider in
China. CNFinance, through its
operating subsidiaries in China,
conducts business by connecting demands and supplies through
collaborating with sales partners and trust companies under the
trust lending model, and sales partners, local channel partners and
commercial banks under the commercial bank partnership model. Sales
partners and local channel partners are responsible for
recommending micro- and small-enterprise ("MSE") owners with
financing needs to the Company and the Company introduces eligible
borrowers to licensed financial institutions with sufficient
funding sources including trust companies and commercial banks who
will then conduct their own risk assessments and make credit
decisions. The Company's primary target borrower segment is MSE
owners who own real properties in Tier 1 and Tier 2 cities and
other major cities in China. The
Company's risk mitigation mechanism is embedded in the design of
its loan products, supported by an integrated online and offline
process focusing on risks of both borrowers and collateral and
further enhanced by effective post-loan management procedures.
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SOURCE CNFinance Holdings Limited