GUANGZHOU, China, April 26,
2024 /PRNewswire/ -- CNFinance Holdings Limited
(NYSE: CNF) ("CNFinance" or the "Company"), a leading home equity
loan service provider in China,
today announced that it filed its annual report on Form 20-F for
the fiscal year ended December 31,
2023 with the U.S. Securities and Exchange Commission
("SEC") on April 26, 2024.
The annual report can be accessed on the Company's investor
relations website at http://ir.cashchina.cn as well as the
SEC's website at http://www.sec.gov.
The Company will provide a hard copy of its annual report, free
of charge, to its shareholders and ADS holders upon request.
Requests should be directed to the Company's IR Department at
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, 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 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.
For more information, please contact:
CNFinance
E-mail: ir@cashchina.cn
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SOURCE CNFinance Holdings Limited