CNFinance to Report Second Quarter and First Half 2021 Financial Results on Monday, August 23, 2021
CNFinance Holdings Limited (NYSE: CNF), a leading home equity loan service provider in China, will report its unaudited financial results for Q2 and H1 2021 on August 23, 2021, before U.S. markets open. A conference call is scheduled at 8:00 AM ET on the same day for management to discuss the results. The Company primarily focuses on micro-and small-enterprise owners in Tier 1 and Tier 2 cities, utilizing a trust lending model. The results are anticipated to provide insights into the company's performance and financial condition.
- Scheduled earnings report may indicate financial performance improvements.
- Focus on micro-and small-enterprise owners could enhance market reach.
- None.
GUANGZHOU, China, Aug. 16, 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 second quarter and first half ended June 30, 2021, before U.S. markets open on Monday, August 23, 2021.
CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Monday, August 23, 2021 (8:00 PM Beijing/ Hong Kong Time on Monday, August 23, 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: | +852-301-84992 |
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 30, 2021.
Dial-in numbers for the replay are as follows:
International: | +1-412-317-0088 |
United States: | +1-877-344-7529 |
Passcode: | 10159576 |
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
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