#China #Guangzhou #AGM #CNFinance

CNFinance Holdings Limited to Host Annual General Meeting

CNFinance Holdings Limited (NYSE: CNF), a prominent provider of home equity loans in China, has announced the details of its upcoming annual general meeting (AGM) scheduled for May 29, 2025. This year’s meeting will take place at the South Finance Center located at No. 6 Wuheng Road in the Tianhe District of Guangzhou, Guangdong Province.

Event Details

The AGM is set to commence at 9:00 AM and will conclude by 11:00 AM Beijing time. Unlike many corporate meetings that often present significant resolutions for shareholder voting, CNFinance's meeting will serve primarily as a forum for shareholders and beneficial owners of the company's American Depositary Shares (ADS) to engage in open discussions with management regarding company affairs. This structure promotes transparency and gives stakeholders a unique opportunity to voice concerns and suggest ideas directly to top executives.

Record Date for Shareholders

According to the company's announcement, the record date for determining shareholders eligible to attend the AGM is fixed for the close of business on May 22, 2025. This means that only those who hold shares on this date will be allowed to participate in the meeting. Ordinary shareholders and beneficial owners of the company’s ADSs are encouraged to make plans to attend. The inclusive nature of this meeting is designed to bolster shareholder engagement and encourage direct communication between the company's leadership and its investors.

About CNFinance Holdings Limited

Founded to bridge financing needs, CNFinance operates within a unique lending model that connects micro- and small enterprise (MSE) owners in need of financial support with suitable financial institutions, including trust companies and commercial banks. The company has streamlined its process by collaborating with sales partners who refer potential borrowers. As part of their operations, CNFinance uses a robust risk management framework to support their lending practices, ensuring that both borrower assessments and collateral evaluations are diligently managed.

Target Borrowers

The primary focus of CNFinance is on MSE owners who possess real properties in major cities, particularly in Tier 1 and Tier 2 locations across China. This demographic is often underserved by traditional banking institutions, making CNFinance's role crucial in providing necessary financial assistance to drive business growth. The company's loan products are carefully designed with risk mitigation in mind, leveraging both digital and physical channels for thorough borrower evaluations.

Encouraging Open Dialogue

The upcoming AGM is emblematic of CNFinance’s commitment to fostering a culture of openness and accountability. By facilitating a space for dialogue, management hopes not only to inform shareholders about the company's strategy and performance but also to integrate feedback that can enhance future operations.

In conclusion, the CNFinance AGM presents a significant occasion for both shareholders and management to connect and reflect upon the company's achievements and future trajectory. This meeting will be pivotal in shaping the future interactions between the company and its stakeholders, reinforcing CNFinance's dedication to transparent governance and investor engagement.