CNFinance to Report First Quarter 2021 Financial Results on Thursday, May 27, 2021

Rhea-AI Summary

CNFinance Holdings Limited (NYSE: CNF), a leading home equity loan service provider in China, will release its unaudited financial results for Q1 2021 on May 27, 2021, before U.S. market opening. An earnings call is scheduled for 8:00 AM ET on the same day. CNFinance focuses on providing loans to micro-and small-enterprise owners, utilizing a trust lending model. The company's borrower segment primarily includes MSE owners in Tier 1 and Tier 2 cities in China. Investors can access the call and archived webcast on the company's investor relations website.

Positive

• The upcoming earnings call indicates active communication with investors.
• Strong focus on MSE owners in Tier 1 and Tier 2 cities suggests potential growth opportunities.

Negative

• None.

GUANGZHOU, China, May 21, 2021 /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, 2021, before U.S. markets open on Thursday, May 27, 2021.

CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday, May 27, 2021 (8:00 PM Beijing/ Hong Kong Time on Thursday, May 27, 2021).

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 3, 2021.

Dial-in numbers for the replay are as follows:

International:	+1-412-317-0088
United States:	+1-877-344-7529
Passcode:	10156822

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 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

FAQ

When will CNFinance report its Q1 2021 financial results?

CNFinance will report its Q1 2021 financial results on May 27, 2021, before U.S. markets open.

What time is the CNFinance earnings conference call scheduled?

The earnings conference call is scheduled for 8:00 AM ET on May 27, 2021.

How can I access the CNFinance earnings call?

You can access the CNFinance earnings call via dial-in numbers or listen to the archived webcast on their investor relations website.

What is the primary target of CNFinance's loan services?

CNFinance primarily targets micro-and small-enterprise owners who own real properties in Tier 1 and Tier 2 cities in China.