CNFinance Holdings Limited
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Zhai Bin
- Full Time Employees
- 691
- Sector
- Financial Services
- Industry
- Financial - Mortgages
- Address
- Tower G Guangzhou People's Republic of China 510620
- IPO Date
- Nov 7, 2018
- CIK
- 0001733868
- Website
- cashchina.cn
- Similar Companies
- Business
- CNFinance Holdings Limited (NYSE: CNF) operates as a leading home equity loan service provider in China, facilitating loans primarily to micro- and small-enterprise (MSE) owners who own real properties in Tier 1 and Tier 2 cities and other major cities. The company offers micro-credit loan services for MSE owners; loan facilitation services that connect borrowers with licensed financial institutions including trust companies and commercial banks; post-facilitation services encompassing loan servicing, customer support, and collections; and guarantee services for commercial institution funding partners. It generates revenue through interest income, service and origination fees, and collaboration costs with sales and local channel partners, while embedding risk mitigation in its loan products via integrated online and offline processes focused on borrower creditworthiness, collateral evaluation, proprietary scoring models, and post-loan management. Founded in 1999 and headquartered at South Finance Center, 22nd Floor, Guangzhou, the People's Republic of China, CNFinance conducts all operations within China through its subsidiaries, targeting MSE owners for business and consumption loans featuring unsecured structures, short-to-mid-term durations, flexible repayment options, and installment-based plans. The company leverages technology for loan origination, risk assessment, matching with funding sources, and servicing to enhance efficiency and scalability. In recent developments, CNFinance strategically reduced new loan issuance in 2025 to prioritize existing portfolio quality amid economic and real estate challenges, resulting in lower origination volumes, a rising NPL ratio to 16.9% as of June 30, 2025, and cost reductions via workforce restructuring and operational efficiencies. It established partnerships with supply chain finance firms since early 2025, achieving business volume exceeding RMB 100 million by providing operational capital. Additionally, the company changed its Chinese name to 深泛联控股有限公司 in November 2024, approved a second amended memorandum and articles of association, dismissed auditor KPMG, expanded its share repurchase program to a US$30 million cap commencing May 2024 with US$18.1 million repurchased to date, and regained NYSE ADS trading price compliance while planning an extraordinary general meeting in December 2025 to adopt a dual-class shareholding structure.
CNFinance Files Annual Report on Form 20-F for Fiscal Year 2025
CNFinance (NYSE:CNF) & Onity Group (NYSE:ONIT) Critical Analysis
CNFINANCE ANNOUNCES THE RESULTS OF ITS EXTRAORDINARY GENERAL MEETING
CNFINANCE TO HOLD AN EXTRAORDINARY GENERAL MEETING ON DECEMBER 10, 2025
CNFinance Holdings Limited Regains Compliance with NYSE ADS Trading Price Requirement
CNFinance Holdings Limited (CNF) Q2 2025 Earnings Conference Call Transcript
CNFinance Announces First Half of 2025 Unaudited Financial Results
CNFinance to Report First Half of 2025 Unaudited Financial Results on Thursday, August 28, 2025
CNFinance Announces Plan to Implement ADS Ratio Change
CNFinance to Hold Annual General Meeting on May 29, 2025
CNFinance Files Annual Report on Form 20-F for Fiscal Year 2024
CNFinance Holdings Limited Announces Receipt of NYSE Notification Regarding ADS Trading Price Requirement
Statement from CNFinance Holdings Limited
CNFinance Announces Change of Auditor
CNFinance Announces Change of Name and the Results of its Extraordinary General Meeting
CNFinance to Hold an Extraordinary General Meeting on November 29, 2024
“IDEMITSU IFG Plantech Racing” was adopted for use in the “MAZDA SPIRIT RACING ROADSTER CNF concept” racing car that competed in the “SUZUKA S Endurance Race” and completed the course
CNFinance Announces First Half of 2024 Unaudited Financial Results
CNFinance to Report the First Half of 2024 Financial Results on Tuesday, August 27, 2024
CNFinance Announces Expansion of Share Repurchase Program