Core Viewpoint - CNFinance Holdings Limited, a leading home equity loan service provider in China, is set to report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, on March 28, 2024, before U.S. markets open [1]. Company Overview - CNFinance operates by connecting demands and supplies through collaboration with sales partners and trust companies under a trust lending model, as well as with local channel partners and commercial banks under a commercial bank partnership model [2]. - 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 [2]. - The company's risk mitigation mechanism is integrated into its loan products, focusing on both borrower and collateral risks, and is further enhanced by effective post-loan management procedures [2].
CNFinance to Report Fourth Quarter and Fiscal Year of 2023 Financial Results on Thursday, March 28, 2024