GUANGZHOU, China, Aug. 17, 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 second quarter and first half
ended June 30, 2020, before U.S.
markets open on Monday, August 24,
2020.
CNFinance's management will host an earnings conference call at
8:00 AM U.S. Eastern Time on
Monday, August 24, 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 August 31,
2020.
Dial-in numbers for the replay are as follows:
International:
|
+1-412-317-0088
|
United
States:
|
+1-877-344-7529
|
Passcode:
|
10147085
|
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
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.
View original
content:http://www.prnewswire.com/news-releases/cnfinance-to-report-second-quarter-and-first-half-of-2020-financial-results-on-monday-august-24-2020-301113080.html
SOURCE CNFinance Holdings Limited