GUANGZHOU, China, Aug. 17, 2022 /PRNewswire/ --
CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the
"Company"), a leading home equity loan service provider in
China, today announced that it
will report its unaudited financial results for the second quarter
and first half ended June 30, 2022,
before U.S. markets open on Wednesday,
August 24, 2022.
CNFinance's management will host an earnings conference call at
8:00 AM U.S. Eastern Time on
Wednesday, August 24, 2022
(8:00 PM Beijing/ Hong Kong Time on
Wednesday, August 24, 2022).
Dial-in numbers for the live conference call are as follows:
|
International:
|
+1-412-902-4272
|
|
Mainland
China
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+86-4001-201203
|
|
United
States:
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+1-888-346-8982
|
|
Hong Kong:
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+852-301-84992
|
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Passcode:
|
CNFinance
|
A telephone replay of the call will be available after the
conclusion of the conference call until 11:59 PM ET on August 31,
2022.
Dial-in numbers for the replay are as follows:
|
International:
|
+1-412-317-0088
|
|
United
States:
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+1-877-344-7529
|
|
Passcode:
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9595023
|
A live and archived webcast of the conference call will be
available on the Investor Relations section of CNFinance's website
at http://ir.cashchina.cn/.
About CNFinance Holdings Limited
CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the
"Company) is a leading home equity loan service provider in
China. CNFinance conducts business
by collaborating with sales partners and trust company partners.
Sales partners are responsible for recommending micro-
and small-enterprise ("MSE") owners with financing needs to
the Company and the Company introduces eligible borrowers to its
trust company partners 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 in China. The
loans CNFinance facilitated are primarily funded through a trust
lending model with its trust company partners who are
well-established with sufficient funding sources and have licenses
to engage in lending business nationwide. 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