Core Viewpoint - CNFinance Holdings Limited has announced the results of its extraordinary general meeting, where significant resolutions regarding the company's name change and corporate governance were approved [1][2]. Group 1: Company Name Change - The company will change its name from "CNFinance Holdings Limited 泛華金融控股有限公司" to "CNFinance Holdings Limited 深泛联控股有限公司" [2]. - The name change will take effect on or around November 29, 2024, and the company's ISIN and CUSIP codes will remain unchanged [3]. Group 2: Corporate Governance - Shareholders approved the replacement of the existing Amended and Restated Memorandum and Articles of Association with the Second Amended and Restated Memorandum and Articles of Association [2]. - Directors and officers are authorized to take necessary actions to effectuate the resolutions adopted during the meeting [2]. Group 3: Company Overview - CNFinance is a leading home equity loan service provider in China, focusing on connecting borrowers with licensed financial institutions through various partnership models [5]. - The primary target borrower segment includes micro- and small-enterprise owners who own real properties in Tier 1 and Tier 2 cities in China [5]. - The company's risk mitigation mechanisms are integrated into its loan products, supported by an online and offline process that emphasizes risk management [6].
CNFinance Announces Change of Name and the Results of its Extraordinary General Meeting