CNFinance Holdings (CNF) Company Report

Analyst Coverage

Research analysts who have asked questions during CNFinance Holdings earnings calls.

Greenridge Global LLC

8 questions for CNF

Recent press releases and 8-K filings for CNF.

CNFinance Holdings Limited Announces Extraordinary General Meeting Results

CNF

Proxy Vote Outcomes

CNFinance Holdings Limited's extraordinary general meeting, held on December 10, 2025, approved the adoption of a dual-class shareholding structure and the replacement of its existing memorandum and articles of association with a new third amended and restated version.
The company's authorized share capital was increased from US$380,000 divided into 3,800,000,000 Ordinary Shares to US$2,000,000 divided into 18,000,000,000 Class A Ordinary Shares and 2,000,000,000 Class B Ordinary Shares, all with a nominal value of US$0.0001 each.
Under the new structure, each Class A Ordinary Share is entitled to one (1) vote, while each Class B Ordinary Share is entitled to twenty (20) votes on all matters at general meetings.
Class B Ordinary Shares can only be held by a Director, Officer, or their Affiliates and are convertible into Class A Ordinary Shares after a one-year lock-up period, subject to Director approval.

Dec 10, 2025, 11:28 AM

CNFinance Shareholders Approve Dual-Class Share Structure

CNF

Proxy Vote Outcomes

CNFinance Holdings Limited shareholders adopted resolutions at an extraordinary general meeting on December 10, 2025, to adopt a dual-class shareholding structure.
This change amends the company's authorized share capital from US$380,000 divided into 3,800,000,000 Ordinary Shares to US$2,000,000 divided into 18,000,000,000 Class A Ordinary Shares and 2,000,000,000 Class B Ordinary Shares, each with a nominal or par value of US$0.0001.
The existing second amended and restated memorandum and articles of association will be replaced in their entirety with a new third amended and restated version.

Dec 10, 2025, 11:15 AM

CNFinance to Hold Extraordinary General Meeting on December 10, 2025

CNF

Proxy Vote Outcomes

CNFinance Holdings Limited will convene an Extraordinary General Meeting of Shareholders (EGM) on December 10, 2025, at 10:00 AM (Hong Kong time).
The primary purpose of the EGM is for shareholders to consider and approve the adoption of a dual-class shareholding structure and to replace the company's existing memorandum and articles of association.
The record date for determining shareholders entitled to receive notice of the EGM is the close of business on November 10, 2025.

Nov 10, 2025, 11:30 AM

CNFinance Holdings Limited Regains NYSE Compliance

CNF

Delisting/Listing Issues

CNFinance Holdings Limited regained compliance with the New York Stock Exchange's (NYSE) minimum share price requirement, as confirmed by NYSE on October 1, 2025.
The company was initially notified on April 7, 2025, that its average closing price was below US$1.00 over a 30-trading day period, triggering a six-month cure period.
To help regain compliance, CNFinance changed its American depositary shares (ADSs) to Class A ordinary share ratio from 1:20 to 1:200, effective September 5, 2025.
This action resulted in the company's stock price being above the NYSE's minimum requirement based on the 30-trading day average ending September 30, 2025, allowing it to continue trading on the NYSE.

Oct 14, 2025, 10:22 AM

CNFinance Regains NYSE Listing Compliance

CNF

Delisting/Listing Issues

CNFinance Holdings Limited (CNF) has regained compliance with the New York Stock Exchange's (NYSE) minimum share price requirement, as confirmed by NYSE on October 1, 2025.
The company was initially notified on April 7, 2025, of non-compliance due to its average American depositary shares (ADSs) closing price being below US$1.00 for 30 trading days, initiating a six-month cure period.
To meet the requirement, CNFinance adjusted its ADS ratio from 1 ADS to 20 Class A ordinary shares to 1 ADS to 200 Class A ordinary shares, effective September 5, 2025.
This action resulted in the company's stock price exceeding the US$1.00 minimum based on the 30-trading-day average ending September 30, 2025, allowing it to continue trading on the NYSE.

Oct 14, 2025, 10:05 AM

CN Finance Holdings Reports Q2 2025 Results with Net Loss and Significant Loan Origination Drop

CNF

Earnings

Demand Weakening

New Projects/Investments

CN Finance Holdings reported a net loss of RMB40.4 million for the first half of 2025, primarily due to a RMB31.3 million impairment loss provision, with interest income declining 55% year-on-year to RMB416 million.
The company's loan balance decreased 29.6% year-on-year to RMB11.2 billion, and total loan origination dropped 85.4% due to proactive efforts to control loan issuance and reduce non-performing loans.
As of June 30, 2025, the non-performing loan ratio was 16.9%, though CNF achieved a 103% NPL recovery rate in the first half and is prioritizing NPL reduction, stable funding, and new business development.