Group 1 - The company, CNFinance Holdings Limited, changed 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" in November 2024 [1] - Entities operating under the name "Fanhua (泛華)" are not affiliated with CNFinance and have no operational relationship with the company [1] - The company reserves the right to take legal action against any misuse or misrepresentation of its name or brand that falsely associates it with "Fanhua (泛華)" [2] Group 2 - CNFinance is a leading home equity loan service provider in China, connecting borrowers with licensed financial institutions through various partnership models [3] - The primary target borrower segment for CNFinance consists of micro- and small-enterprise (MSE) owners who own real properties in Tier 1 and Tier 2 cities and other major cities in China [3] - The company's risk mitigation mechanism is integrated into its loan products, supported by an online and offline process that focuses on borrower and collateral risks, along with effective post-loan management procedures [3]
Statement from CNFinance Holdings Limited