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CNF-News
CNF-Events
CNFinance Files to Sell $30M of Class A Ordinary Shares
CNFinance files to sell $30M of Class A ordinary shares
CNFinance Achieves Compliance with NYSE Standards
CNFinance announced that it has regained compliance with the New York Stock Exchange continued listing standard for minimum share price under Section 802.01C of the NYSE Listed Company Manual.
CNFinance announce ADS ratio change
CNFinance announced that it plans to change the ratio of its American depositary shares to its Class A ordinary shares, par value $0.0001 per share, from the current ratio of one ADS to 20 Class A ordinary shares to a new ratio of one one ADS to 200 Class A ordinary shares. For the company's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-ten reverse ADS split. A post-effective amendment to the ADS Registration Statement on Form F-6 will be filed with the SEC to reflect the change in the ADS Ratio. The company anticipates that the change in the ADS Ratio will be effective on or about September 5, subject to the effectiveness of the post-effective amendment to the ADS registration statement on Form F-6 on or before that date.
CNFinance addresses recent market news involving Fanhua
CNFinance Holdings announced the following statements to address recent market news involving "Fanhua." "Entities currently operating under the name 'Fanhua' are not the company's affiliates, nor do they have an operational relationship with the company. Any misuse or misrepresentation involving the company's name, logo, trademark, or brand that falsely associates the company with 'Fanhua' may violate applicable laws. The company reserves the right to take all necessary legal action, including civil lawsuits and criminal prosecution, against individuals or entities engaging in such unauthorized activities."
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