STOCK TITAN

CNFinance to Report First Quarter 2022 Financial Results on Thursday, May 26, 2022

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
conferences earnings
Rhea-AI Summary

CNFinance Holdings Limited (NYSE: CNF) announced it will release its unaudited financial results for Q1 2022 on May 26, 2022, before U.S. markets open. An earnings conference call is scheduled for the same day at 8:00 AM ET. CNFinance specializes in providing home equity loans in China, targeting micro- and small-enterprise owners in Tier 1 and Tier 2 cities. The company partners with trust companies to facilitate loans and employs a robust risk mitigation framework.

Positive
  • Scheduled Q1 2022 earnings report for May 26, 2022.
  • Targets micro- and small-enterprise owners in major Chinese cities.
Negative
  • None.

GUANGZHOU, China, May 20, 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 first quarter ended March 31, 2022, before U.S. markets open on Thursday, May 26, 2022.

CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday, May 26, 2022 (8:00 PM Beijing/ Hong Kong Time on Thursday, May 26, 2022).

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, 2022.

Dial-in numbers for the replay are as follows:

International:

+1-412-317-0088

United States:

+1-877-344-7529

Passcode:

6229781

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.

For more information, please contact:

CNFinance E-mail: ir@cashchina.cn  

Cision View original content:https://www.prnewswire.com/news-releases/cnfinance-to-report-first-quarter-2022-financial-results-on-thursday-may-26-2022-301551914.html

SOURCE CNFinance Holdings Limited

FAQ

When will CNFinance report its Q1 2022 financial results?

CNFinance will report its unaudited financial results for Q1 2022 on May 26, 2022, before U.S. markets open.

What time is the CNFinance earnings conference call?

The earnings conference call is scheduled for 8:00 AM ET on May 26, 2022.

What services does CNFinance provide?

CNFinance is a leading provider of home equity loans in China, primarily targeting micro- and small-enterprise owners.

What is the primary borrower segment for CNFinance?

The primary borrower segment for CNFinance comprises micro- and small-enterprise owners with real properties in Tier 1 and Tier 2 cities in China.

CNFinance Holdings Limited American Depositary Shares ("ADSs"), each representing twenty (20) Ordinary Shares

NYSE:CNF

CNF Rankings

CNF Latest News

CNF Stock Data

65.91M
67.66M
1.34%
18.87%
0.22%
Mortgage Finance
Financial Services
Link
United States of America
Guangzhou