GUANGZHOU, China, May 19, 2020 /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 first quarter ended
March 31, 2020, before U.S. markets
open on Tuesday, May 26, 2020.
CNFinance's management will host an earnings conference call at
8:00 AM U.S. Eastern Time on
Tuesday, May 26, 2020 (8:00 PM Beijing/ Hong Kong Time on the same
day).
Dial-in numbers for the live conference call are as follows:
International:
|
+1-412-902-4272
|
Mainland
China
|
+86-4001-201203
|
United
States:
|
+1-888-346-8982
|
Hong Kong:
|
+852-3018-4992
|
Passcode:
|
CNFinance
|
A telephone replay of the call will be available after the
conclusion of the conference call until 11:59 PM ET on June 2,
2020.
Dial-in numbers for the replay are as follows:
International:
|
+1-412-317-0088
|
United
States:
|
+1-877-344-7529
|
Passcode:
|
10144485
|
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 is responsible to recommend micro-and small
enterprise ("MSE") owners with financing needs to the Company and CNFinance 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 facilitates 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