Core Viewpoint - CNFinance Holdings Limited will hold its annual general meeting of shareholders on June 7, 2024, with no proposals for shareholder approval, serving as an open forum for discussions with management [1]. Group 1: Company Overview - CNFinance Holdings Limited is a leading home equity loan service provider in China, focusing on connecting micro- and small-enterprise owners with financing needs to licensed financial institutions [3]. - The company operates through a trust lending model and a commercial bank partnership model, collaborating with sales partners and local channel partners to recommend eligible borrowers [3]. - The primary target borrower segment includes MSE owners who own real properties in Tier 1 and Tier 2 cities and other major cities in China [3]. - CNFinance'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]. Group 2: AGM Details - The annual general meeting will take place at 44/F, Tower G, No. 16 Zhujiang Dong Road, Tianhe District, Guangzhou City, Guangdong Province, on June 7, 2024, from 9:30 a.m. to 11:00 a.m. (Beijing Time) [1]. - The record date for determining shareholders entitled to attend the AGM is set for May 8, 2024 [1][2]. - Both holders of ordinary shares and beneficial owners of American Depositary Shares (ADSs) are welcome to attend the AGM in person [2].
CNFinance to Hold Annual General Meeting on June 7, 2024