#China #Guangzhou #CNFinance Holdings #fiscal report #home equity loan

CNFinance Releases Annual Report for Fiscal Year 2024

On April 30, 2025, CNFinance Holdings Limited (NYSE: CNF), a premier provider of home equity loans in China, disclosed that it has filed its annual report on Form 20-F for the fiscal year ending December 31, 2024. The submission was made to the United States Securities and Exchange Commission (SEC) on April 29, 2025, and the report is now accessible to investors and stakeholders.

The annual report can be viewed online at the company's investor relations site, CNFinance Investor Relations, and on the SEC's website at SEC. Furthermore, CNFinance has expressed its commitment to transparency by offering free hard copies of this report to its shareholders and American Depository Share (ADS) holders upon request. Interested parties have been encouraged to reach out to the company’s Investor Relations Department via email at ir@cashchina.cn for those requests.

About CNFinance Holdings Limited

CNFinance Holdings Limited is renowned for its role in the home equity loan sector, facilitating essential financial services to its clientele. The company operates through various subsidiaries within China, effectively bridging the gap between borrowers and financial institutions. By collaborating with sales partners and trust companies, as well as engaging with commercial banks, CNFinance’s business model is structured around trust lending and commercial bank partnerships.

The primary focus of CNFinance is micro- and small-enterprise (MSE) owners who require funding solutions. Notably, these potential borrowers generally possess real estate properties located in Tier 1 and Tier 2 cities, in addition to other significant urban areas across China.

The risk management mechanisms integrated into CNFinance's loan offerings are vital. These mechanisms come with a comprehensive online and offline approach that meticulously evaluates the risks associated with both the borrowers and their collateral. This assessment is further strengthened by robust post-loan management strategies that ensure a reliable framework for both parties involved in the loan agreement.

As the company navigates through the evolving economic landscape, its strategic partnerships and innovative services aim to meet the demands of a diverse clientele. CNFinance's ongoing commitment to quality service and stakeholder communication positions it positively within the competitive niche of home equity lending in China.

The filing of the annual report marks an important milestone for CNFinance, showcasing its dedication to regulatory compliance and shareholder engagement. As investors and market observers review the report, they will gain insights into the company’s performance and strategic direction.

In conclusion, CNFinance's annual report submission not only complies with legislative requirements but also reflects its operational growth and the significance it places on maintaining investor relations. The company is poised to continue its trajectory in providing reliable financing solutions tailored to the needs of small businesses in a challenging economic environment.