#China #Guangzhou #Home Equity Loans #CNFinance Holdings #Fanhua

CNFinance Holdings Limited Clarifies Misunderstanding Regarding Brand Affiliations

In a recent statement, CNFinance Holdings Limited (NYSE: CNF), a prominent home equity loan service provider in China, addressed rising concerns connected to the Fanhua (泛華) brand. This clarification comes in light of recent market discussions that may have inadvertently confused the company's operations with those of Fanhua.

Historically known as CNFinance Holdings Limited 泛華金融控股有限公司, the company, in November 2024, modified its registered name to CNFinance Holdings Limited 深泛联控股有限公司. This change was made to better align with its strategic vision and operational achievements; however, it appears that some entities continue to operate under the Fanhua banner, prompting confusion amongst consumers and stakeholders.

CNFinance stressed that Fanhua is not an affiliate and has no operational connection to its organization. The company reassured shareholders and potential clients that any misuse of its names, logos, trademarks, or brand materials that falsely link CNFinance to Fanhua would be met with legal action. This includes pursuing civil lawsuits and criminal prosecution against parties engaging in unauthorized activities.

About CNFinance Holdings Limited

Established as a leader in home equity loans within the Chinese market, CNFinance facilitates loan services by connecting borrowers to financing partners. Its extensive network comprises sales partners, trust companies, and commercial banks, which all play pivotal roles under various collaborative models. Notably, the company focuses on meeting the financing needs of micro- and small-enterprise (MSE) owners, particularly those with real estate in major cities, including Tier 1 and Tier 2 locales.

The enterprise is well-equipped with a robust risk mitigation mechanism integrated into its loan offerings. The strategies ensure that both borrower and collateral risks are meticulously evaluated throughout the borrowing process. Continuous post-loan management further bolsters the company's focus on safeguarding its interests and its clients' financial health.

To maximize efficiency and protect the integrity of its service delivery, CNFinance operates both online and offline channels, ensuring a holistic approach to lending in a complex market.

As it navigates through evolving market dynamics, CNFinance Holdings narrowly focuses on enhancing clarity and continues to seek innovative solutions for its clientele, underpinning its mission of promoting financial accessibility across China.

In conclusion, CNFinance remains committed to preserving its brand integrity while providing valuable services to its customers. The company invites stakeholders and the general public to ensure clarity by referring to official communications and updates issued directly by its team. Through these efforts, CNFinance hopeful for enhanced trust and understanding in the marketplace.