• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by CNFinance Holdings Limited (Amendment)

    2/14/22 5:19:07 PM ET
    $CNF
    Finance: Consumer Services
    Finance
    Get the next $CNF alert in real time by email
    SC 13G/A 1 d942137dsc13ga.htm SC 13G/A SC 13G/A

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    SCHEDULE 13G

    Under the Securities Exchange Act of 1934

    (Amendment No. 1)*

     

     

    CNFinance Holdings Limited

    (Name of Issuer)

    Ordinary Shares, par value US$0.0001 per share

    (Title of Class of Securities)

    18979T105**

    (CUSIP Number)

    December 31, 2021

    (Date of Event Which Requires Filing of this Statement)

     

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    ☐ Rule 13d-1(b)

    ☐ Rule 13d-1(c)

    ☒ Rule 13d-1(d)

     

    *

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    **

    There is no CUSIP number assigned to the ordinary shares. CUSIP number 18979T105 has been assigned to the American Depositary Shares (“ADS”), evidenced by American Depositary Receipts, of the Issuer, which are quoted on the New York Stock Exchange under the symbol “CNF.” Each ADS represents twenty (20) ordinary shares, par value US$0.0001 per share.

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     


    CUSIP No. 18979T105    13G    Page 1 of 16

     

      (1)    

      Names of reporting persons.

     

      Cathay Capital Holdings II, L.P.

      (2)  

      Check the appropriate box if a member of a group (see instructions)

      (a)  ☐        (b)  ☒

     

      (3)  

      SEC use only.

     

      (4)  

      Citizenship or place of organization.

     

      Cayman Islands

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with:

       (5)    

      Sole voting power.

     

      0

       (6)  

      Shared voting power.

     

      49,194,040(1)

       (7)  

      Sole dispositive power.

     

      0

       (8)  

      Shared dispositive power.

     

      49,194,040(1)

      (9)    

      Aggregate amount beneficially owned by each reporting person.

     

      49,194,040(1)

    (10)  

      Check if the aggregate amount in Row (9) excludes certain shares (see instructions).

     

      ☐

    (11)  

      Percent of class represented by amount in Row (9).

     

      3.2%

    (12)  

      Type of reporting person (see instructions).

     

      PN

     

    (1)

    These ordinary shares, par value US$0.0001 per share, of the Issuer (each, an “Ordinary Share”) may be held, in part, in the form of American Depositary Shares (“ADSs”), with each ADS representing 20 Ordinary Shares.


    CUSIP No. 18979T105    13G    Page 2 of 16

     

      (1)    

      Names of reporting persons.

     

      Cathay Master GP, Ltd.

      (2)  

      Check the appropriate box if a member of a group (see instructions)

      (a)  ☐        (b)  ☒

     

      (3)  

      SEC use only.

     

      (4)  

      Citizenship or place of organization.

     

      Cayman Islands

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with:

       (5)    

      Sole voting power.

     

      0

       (6)  

      Shared voting power.

     

      49,942,820(1)

       (7)  

      Sole dispositive power.

     

      0

       (8)  

      Shared dispositive power.

     

      49,942,820(1)

      (9)    

      Aggregate amount beneficially owned by each reporting person.

     

      49,942,820(1)

    (10)  

      Check if the aggregate amount in Row (9) excludes certain shares (see instructions).

     

      ☐

    (11)  

      Percent of class represented by amount in Row (9).

     

      3.2%

    (12)  

      Type of reporting person (see instructions).

     

      OO, HC

     

    (1)

    These Ordinary Shares may be held, in part, in the form of ADSs, with each ADS representing 20 Ordinary Shares.


    CUSIP No. 18979T105    13G    Page 3 of 16

     

      (1)    

      Names of reporting persons.

     

      New China Capital Management, L.P.

      (2)  

      Check the appropriate box if a member of a group (see instructions)

      (a)  ☐        (b)  ☒

     

      (3)  

      SEC use only.

     

      (4)  

      Citizenship or place of organization.

     

      Delaware

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with:

       (5)    

      Sole voting power.

     

      0

       (6)  

      Shared voting power.

     

      65,216,640(1)

       (7)  

      Sole dispositive power.

     

      0

       (8)  

      Shared dispositive power.

     

      65,216,640(1)

      (9)    

      Aggregate amount beneficially owned by each reporting person.

     

      65,216,640(1)

    (10)  

      Check if the aggregate amount in Row (9) excludes certain shares (see instructions).

     

      ☐

    (11)  

      Percent of class represented by amount in Row (9).

     

      4.2%

    (12)  

      Type of reporting person (see instructions).

     

      IA, PN

     

    (1)

    These Ordinary Shares may be held, in part, in the form of ADSs, with each ADS representing 20 Ordinary Shares.


    CUSIP No. 18979T105    13G    Page 4 of 16

     

      (1)    

      Names of reporting persons.

     

      NCCM, LLC

      (2)  

      Check the appropriate box if a member of a group (see instructions)

      (a)  ☐        (b)  ☒

     

      (3)  

      SEC use only.

     

      (4)  

      Citizenship or place of organization.

     

      Delaware

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with:

       (5)    

      Sole voting power.

     

      0

       (6)  

      Shared voting power.

     

      65,216,640(1)

       (7)  

      Sole dispositive power.

     

      0

       (8)  

      Shared dispositive power.

     

      65,216,640(1)

      (9)    

      Aggregate amount beneficially owned by each reporting person.

     

      65,216,640(1)

    (10)  

      Check if the aggregate amount in Row (9) excludes certain shares (see instructions).

     

      ☐

    (11)  

      Percent of class represented by amount in Row (9).

     

      4.2%

    (12)  

      Type of reporting person (see instructions).

     

      OO, HC

     

    (1)

    These Ordinary Shares may be held, in part, in the form of ADSs, with each ADS representing 20 Ordinary Shares.


    CUSIP No. 18979T105    13G    Page 5 of 16

     

      (1)    

      Names of reporting persons.

     

      TAM China, LLC

      (2)  

      Check the appropriate box if a member of a group (see instructions)

      (a)  ☐        (b)  ☒

     

      (3)  

      SEC use only.

     

      (4)  

      Citizenship or place of organization.

     

      Delaware

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with:

       (5)    

      Sole voting power.

     

      0

       (6)  

      Shared voting power.

     

      65,216,640(1)

       (7)  

      Sole dispositive power.

     

      0

       (8)  

      Shared dispositive power.

     

      65,216,640(1)

      (9)    

      Aggregate amount beneficially owned by each reporting person.

     

      65,216,640(1)

    (10)  

      Check if the aggregate amount in Row (9) excludes certain shares (see instructions).

     

      ☐

    (11)  

      Percent of class represented by amount in Row (9).

     

      4.2%

    (12)  

      Type of reporting person (see instructions).

     

      OO, HC

     

    (1)

    These Ordinary Shares may be held, in part, in the form of ADSs, with each ADS representing 20 Ordinary Shares.


    CUSIP No. 18979T105    13G    Page 6 of 16

     

      (1)    

      Names of reporting persons.

     

      Trust Cathay Management, LLC

      (2)  

      Check the appropriate box if a member of a group (see instructions)

      (a)  ☐        (b)  ☒

     

      (3)  

      SEC use only.

     

      (4)  

      Citizenship or place of organization.

     

      Delaware

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with:

       (5)     

      Sole voting power.

     

      0

       (6)   

      Shared voting power.

     

      196,260,973(1)

       (7)   

      Sole dispositive power.

     

      0

       (8)   

      Shared dispositive power.

     

      196,260,973(1)

      (9)    

      Aggregate amount beneficially owned by each reporting person.

     

      196,260,973(1)

    (10)  

      Check if the aggregate amount in Row (9) excludes certain shares (see instructions).

     

      ☐

    (11)  

      Percent of class represented by amount in Row (9).

     

      14.3%

    (12)  

      Type of reporting person (see instructions).

     

      OO, HC

     

    (1)

    These Ordinary Shares may be held, in part, in the form of ADSs, with each ADS representing 20 Ordinary Shares.


    CUSIP No. 18979T105    13G    Page 7 of 16

     

      (1)    

      Names of reporting persons.

     

      Cathay Auto Services Limited

      (2)  

      Check the appropriate box if a member of a group (see instructions)

      (a)  ☐        (b)  ☒

     

      (3)  

      SEC use only.

     

      (4)  

      Citizenship or place of organization.

     

      British Virgin Islands

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with:

       (5)     

      Sole voting power.

     

      0

       (6)   

      Shared voting power.

     

      106,460,820(1)

       (7)   

      Sole dispositive power.

     

      0

       (8)   

      Shared dispositive power.

     

      106,460,820(1)

      (9)    

      Aggregate amount beneficially owned by each reporting person.

     

      106,460,820(1)

    (10)  

      Check if the aggregate amount in Row (9) excludes certain shares (see instructions).

     

      ☐

    (11)  

      Percent of class represented by amount in Row (9).

     

      6.8%

    (12)  

      Type of reporting person (see instructions).

     

      OO

     

    (1)

    These Ordinary Shares may be held, in part, in the form of ADSs, with each ADS representing 20 Ordinary Shares.


    CUSIP No. 18979T105    13G    Page 8 of 16

     

      (1)    

      Names of reporting persons.

     

      The Cathay Investment Fund, Limited

      (2)  

      Check the appropriate box if a member of a group (see instructions)

      (a)  ☐        (b)  ☒

     

      (3)  

      SEC use only.

     

      (4)  

      Citizenship or place of organization.

     

      Cayman Islands

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with:

       (5)     

      Sole voting power.

     

      0

       (6)   

      Shared voting power.

     

      106,460,820(1)

       (7)   

      Sole dispositive power.

     

      0

       (8)   

      Shared dispositive power.

     

      106,460,820(1)

      (9)    

      Aggregate amount beneficially owned by each reporting person.

     

      106,460,820(1)

    (10)  

      Check if the aggregate amount in Row (9) excludes certain shares (see instructions).

     

      ☐

    (11)  

      Percent of class represented by amount in Row (9).

     

      6.8%

    (12)  

      Type of reporting person (see instructions).

     

      OO, HC

     

    (1)

    These Ordinary Shares may be held, in part, in the form of ADSs, with each ADS representing 20 Ordinary Shares.


    CUSIP No. 18979T105    13G    Page 9 of 16

     

      (1)    

      Names of reporting persons.

     

      New China Investment Management Inc.

      (2)  

      Check the appropriate box if a member of a group (see instructions)

      (a)  ☐        (b)  ☒

     

      (3)  

      SEC use only.

     

      (4)  

      Citizenship or place of organization.

     

      Delaware

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with:

       (5)     

      Sole voting power.

     

      0

       (6)   

      Shared voting power.

     

      117,613,140(1)

       (7)   

      Sole dispositive power.

     

      0

       (8)   

      Shared dispositive power.

     

      117,613,140(1)

      (9)    

      Aggregate amount beneficially owned by each reporting person.

     

      117,613,140(1)

    (10)  

      Check if the aggregate amount in Row (9) excludes certain shares (see instructions).

     

      ☐

    (11)  

      Percent of class represented by amount in Row (9).

     

      7.5%

    (12)  

      Type of reporting person (see instructions).

     

      IA, CO

     

    (1)

    These Ordinary Shares may be held, in part, in the form of ADSs, with each ADS representing 20 Ordinary Shares.


    CUSIP No. 18979T105    13G    Page 10 of 16

     

      (1)    

      Names of reporting persons.

     

      TLF Holdings, LLC

      (2)  

      Check the appropriate box if a member of a group (see instructions)

      (a)  ☐        (b)  ☒

     

      (3)  

      SEC use only.

     

      (4)  

      Citizenship or place of organization.

     

      Connecticut

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with:

       (5)     

      Sole voting power.

     

      0

       (6)   

      Shared voting power.

     

      12,682,413(1)

       (7)   

      Sole dispositive power.

     

      0

       (8)   

      Shared dispositive power.

     

      12,682,413(1)

      (9)    

      Aggregate amount beneficially owned by each reporting person.

     

      12,682,413(1)

    (10)  

      Check if the aggregate amount in Row (9) excludes certain shares (see instructions).

     

      ☐

    (11)  

      Percent of class represented by amount in Row (9).

     

      0.8%

    (12)  

      Type of reporting person (see instructions).

     

      OO

     

    (1)

    These Ordinary Shares may be held, in part, in the form of ADSs, with each ADS representing 20 Ordinary Shares.


    CUSIP No. 18979T105    13G    Page 11 of 16

     

      (1)    

      Names of reporting persons.

     

      Emerald Asset Management, LLC

      (2)  

      Check the appropriate box if a member of a group (see instructions)

      (a)  ☐        (b)  ☒

     

      (3)  

      SEC use only.

     

      (4)  

      Citizenship or place of organization.

     

      Connecticut

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with:

       (5)    

      Sole voting power.

     

      0

       (6)  

      Shared voting power.

     

      5,635,500(1)

       (7)  

      Sole dispositive power.

     

      0

       (8)  

      Shared dispositive power.

     

      5,635,500(1)

      (9)    

      Aggregate amount beneficially owned by each reporting person.

     

      5,635,500(1)

    (10)  

      Check if the aggregate amount in Row (9) excludes certain shares (see instructions).

     

      ☐

    (11)  

      Percent of class represented by amount in Row (9).

     

      0.4%

    (12)  

      Type of reporting person (see instructions).

     

      OO

     

    (1)

    These Ordinary Shares may be held, in part, in the form of ADSs, with each ADS representing 20 Ordinary Shares.


    CUSIP No. 18979T105    13G    Page 12 of 16

     

      (1)    

      Names of reporting persons.

     

      Paul S. Wolansky

      (2)  

      Check the appropriate box if a member of a group (see instructions)

      (a)  ☐        (b)  ☒

     

      (3)  

      SEC use only.

     

      (4)  

      Citizenship or place of organization.

     

      United States

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with:

       (5)    

      Sole voting power.

     

      441,780

       (6)  

      Shared voting power.

     

      201,896,473(1)

       (7)  

      Sole dispositive power.

     

      441,780

       (8)  

      Shared dispositive power.

     

      201,896,473(1)

      (9)    

      Aggregate amount beneficially owned by each reporting person.

     

      202,338,253(1)

    (10)  

      Check if the aggregate amount in Row (9) excludes certain shares (see instructions).

     

      ☐

    (11)  

      Percent of class represented by amount in Row (9).

     

      13.0%

    (12)  

      Type of reporting person (see instructions).

     

      IN

     

    (1)

    These Ordinary Shares may be held, in part, in the form of ADSs, with each ADS representing 20 Ordinary Shares.


    CUSIP No. 18979T105    13G    Page 13 of 16

     

      (1)    

      Names of reporting persons.

     

      S. Donald Sussman

      (2)  

      Check the appropriate box if a member of a group (see instructions)

      (a)  ☐        (b)  ☒

     

      (3)  

      SEC use only.

     

      (4)  

      Citizenship or place of organization.

     

      United States

    Number of

    shares

     beneficially 

    owned by

    each

    reporting

    person

    with:

       (5)    

      Sole voting power.

     

      0

       (6)  

      Shared voting power.

     

      257,924,893(1)

       (7)  

      Sole dispositive power.

     

      0

       (8)  

      Shared dispositive power.

     

      257,924,893(1)

      (9)    

      Aggregate amount beneficially owned by each reporting person.

     

      257,924,893(1)

    (10)  

      Check if the aggregate amount in Row (9) excludes certain shares (see instructions).

     

      ☐

    (11)  

      Percent of class represented by amount in Row (9).

     

      16.5%

    (12)  

      Type of reporting person (see instructions).

     

      IN

     

    (1)

    These Ordinary Shares may be held, in part, in the form of ADSs, with each ADS representing 20 Ordinary Shares.


    CUSIP No. 18979T105    13G    Page 14 of 16

     

    Item 1.

    (a) Name of issuer

    CNFinance Holdings Limited

    (b) Address of issuer’s principal executive offices

    44/F, Tower G, No. 16 Zhujiang Dong Road

    Tianhe District, Guangzhou City, Guangdong Province 510620

    People’s Republic of China

    Item 2.

    (a) Name of person filing

    This Schedule 13G is being filed on behalf of the following:

     

      i.

    Cathay Capital Holdings II, L.P. (“Cathay Capital”);

     

      ii.

    Cathay Master GP, Ltd. (“Cathay Master”), which is a general partner and limited partner of Cathay Capital;

     

      iii.

    New China Capital Management, L.P. (“New China L.P.”), which is the investment manager of Cathay Capital;

     

      iv.

    NCCM, LLC (“NCCM”), which is a general partner of New China L.P.;

     

      v.

    TAM China, LLC (“TAM China”), which is a general partner of New China L.P.;

     

      vi.

    Trust Cathay Management, LLC (“Trust Cathay Management”), which wholly owns and controls TAM China;

     

      vii.

    Cathay Auto Services Limited (“Cathay Auto”);

     

      viii.

    The Cathay Investment Fund, Limited (“CIF”), which wholly owns Cathay Auto;

     

      ix.

    New China Investment Management Inc. (“New China Inc.”), which is the investment manager of CIF;

     

      x.

    TLF Holdings, LLC (“TLF Holdings”);

     

      xi.

    Emerald Asset Management, LLC (“Emerald Asset”);

     

      xii.

    Paul S. Wolansky (“Wolansky”), who wholly owns and controls NCCM, TLF Holdings, and Emerald Asset; and further, owns and controls 50% of New China Inc. (with the other 50% being owned and controlled by Sussman) and 50% of New China L.P. (with the other 50% being owned and controlled by Sussman); and

     

      xiii.

    S. Donald Sussman (“Sussman”), who wholly owns and controls TAM China and further, owns and controls 50% of New China Inc. (with the other 50% being owned and controlled by Wolansky) and 50% of New China L.P. (with the other 50% being owned and controlled by Wolansky).

    Cathay Capital, Cathay Master, New China L.P., NCCM, TAM China, Trust Cathay Management, Cathay Auto, CIF, New China Inc., TLF Holdings, Emerald Asset, Wolansky, and Sussman are collectively referred to in this Schedule 13G as the “Reporting Persons”.

    (b) Address or principal business office or, if none, residence

    The address of the principal business office for Cathay Capital, Cathay Master, New China L.P., NCCM, Cathay Auto, CIF, New China Inc., TLF Holdings, Emerald Asset, and Wolansky is: c/o New China Capital Management, L.P., One Dock Street, Stamford, Connecticut 06902-5836, U.S.A.


    CUSIP No. 18979T105    13G    Page 15 of 16

     

    The address of the principal business office for TAM China, Trust Cathay Management, and Sussman is: 888 E Las Olas Blvd, Suite 710, Fort Lauderdale, Florida 33301-2395, U.S.A.

    (c) Citizenship

     

      i.

    Cathay Capital: Cayman Islands

     

      ii.

    Cathay Master: Cayman Islands

     

      iii.

    New China L.P.: Delaware

     

      iv.

    NCCM: Delaware

     

      v.

    TAM China: Delaware

     

      vi.

    Trust Cathay Management: Delaware

     

      vii.

    Cathay Auto: British Virgin Islands

     

      viii.

    CIF: Cayman Islands

     

      ix.

    New China Inc.: Delaware

     

      x.

    TLF Holdings: Connecticut

     

      xi.

    Emerald Asset : Connecticut

     

      xii.

    Wolansky: United States

     

      xiii.

    Sussman: United States

    (d) Title of class of securities

    Ordinary share, par value US$0.0001 per share (“Ordinary Share”)

    (e) CUSIP No.

    There is no CUSIP number assigned to the Ordinary Shares. CUSIP number 18979T105 has been assigned to the American Depositary Shares (“ADS”), evidenced by American Depositary Receipts, of the Issuer, which are quoted on the New York Stock Exchange under the symbol “CNF.” Each ADS represents twenty (20) Ordinary Shares.

     

    Item 3.

    Statement Filed Pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c)

    Not applicable.

     

    Item 4.

    Ownership

    (a)-(c) The information relating to the beneficial ownership of Common Stock by each of the Reporting Persons set forth in Rows 5 through 9 and Row 11 of the cover pages hereto is incorporated herein by reference.

    The ownership percentage of each Reporting Person set forth in Row 11 of the cover pages hereto has been calculated based on an assumed total of 1,559,576,960 Ordinary Shares outstanding as of December 15, 2021, as provided by the Issuer.

     

    Item 5.

    Ownership of 5 Percent or Less of a Class.

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class securities, check the following ☐

     

    Item 6.

    Ownership of More than 5 Percent on Behalf of Another Person.

    Not applicable.


    CUSIP No. 18979T105    13G    Page 16 of 16

     

    Item 7.

    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

    Not applicable.

     

    Item 8.

    Identification and Classification of Members of the Group.

    The Reporting Persons may be deemed to be members of a group with respect to the Ordinary Shares held directly by Cathay Capital and Cathay Auto. The Reporting Persons have agreed to jointly file this Schedule 13G in accordance with Rule 13d-1(k) of the Exchange Act, the agreement with respect to which is attached hereto as Exhibit 99.1.

     

    Item 9.

    Notice of Dissolution of Group.

    Not applicable

     

    Item 10.

    Certifications

    Not applicable.


    SIGNATURES

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Dated: February 14, 2022

     

    CATHAY CAPITAL HOLDINGS II, L.P.
    By:  

    /s/ Paul S. Wolansky

    Name: Paul S. Wolansky
    Title: Director of General Partner
    CATHAY MASTER GP, LTD.
    By:  

    /s/ Paul S. Wolansky

    Name: Paul S. Wolansky
    Title: Director
    NEW CHINA CAPITAL MANAGEMENT, L.P.
    By:  

    /s/ Paul S. Wolansky

    Name: Paul S. Wolansky
    Title: Director
    NCCM, LLC
    By:  

    /s/ Paul S. Wolansky

    Name: Paul S. Wolansky
    Title: Director
    TAM CHINA, LLC
    By:   Trust Cathay Management, LLC, its sole owner
    By:  

    /s/ S. Donald Sussman

    Name: S. Donald Sussman
    Title: Manager
    TRUST CATHAY MANAGEMENT, LLC
    By:  

    /s/ S. Donald Sussman

    Name: S. Donald Sussman
    Title: Manager
    CATHAY AUTO SERVICES LIMITED
    By:  

    /s/ Paul S. Wolansky

    Name: Paul S. Wolansky
    Title: Director


    THE CATHAY INVESTMENT FUND, LIMITED
    By:  

    /s/ Paul S. Wolansky

    Name: Paul S. Wolansky
    Title: Director
    NEW CHINA INVESTMENT MANAGEMENT INC.
    By:  

    /s/ Paul S. Wolansky

    Name: Paul S. Wolansky
    Title: Director
    PAUL S. WOLANSKY

    /s/ Paul S. Wolansky

    S. DONALD SUSSMAN

    /s/ S. Donald Sussman

    TLF HOLDINGS, LLC
    By:   TLF LLC
    By:  

    /s/ Paul S. Wolansky

    Name: Paul S. Wolansky
    Title: President
    EMERALD ASSET MANAGEMENT, LLC
    By:  

    /s/ Paul S. Wolansky

    Name: Paul S. Wolansky
    Title: President


    EXHIBIT INDEX

     

    Exhibit    Description
    99.1.    Joint Filing Agreement
    Get the next $CNF alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $CNF

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $CNF
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    CNFinance Announces First Half of 2025 Unaudited Financial Results

    GUANGZHOU, China, Aug. 28, 2025 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the first half of 2025 ended June 30, 2025. "Given the current economic climate and real estate market conditions, we have strategically reduced new loan issuance to focus on managing existing portfolio quality. This has resulted in significantly lower loan origination volume and interest income compared to the same period last year, with our loan balance as of June 30, 2025 also showing a decline from June 2024 levels. Correspondingly, we've achieved meaningful reductio

    8/28/25 6:15:00 AM ET
    $CNF
    Finance: Consumer Services
    Finance

    CNFinance to Report First Half of 2025 Unaudited Financial Results on Thursday, August 28, 2025

    GUANGZHOU, China, Aug. 25, 2025 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will report its unaudited financial results for the first half of 2025 ended June 30, 2025, before U.S. markets open on Thursday, August 28, 2025. CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday, August 28, 2025 (8:00 PM Beijing/ Hong Kong Time on the same day). Dial-in numbers for the live conference call are as follows: International: +1-412-902-4272 Mainland China +86-4001-201203 United States: +1-888-346-8982 Hong Kong: +852-301-84992 Passco

    8/25/25 6:15:00 AM ET
    $CNF
    Finance: Consumer Services
    Finance

    CNFinance Announces Plan to Implement ADS Ratio Change

    GUANGZHOU, China, Aug. 15, 2025 /PRNewswire/ -- CNFinance Holdings Limited (the "Company") today announced that it plans to change the ratio of its American depositary shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.0001 per share, from the current ratio of one (1) ADSs to twenty (20) Class A ordinary shares to a new ratio of one (1) ADS to two hundred (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 anticip

    8/15/25 5:05:00 PM ET
    $CNF
    Finance: Consumer Services
    Finance

    $CNF
    Financials

    Live finance-specific insights

    View All

    CNFinance Announces First Half of 2025 Unaudited Financial Results

    GUANGZHOU, China, Aug. 28, 2025 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the first half of 2025 ended June 30, 2025. "Given the current economic climate and real estate market conditions, we have strategically reduced new loan issuance to focus on managing existing portfolio quality. This has resulted in significantly lower loan origination volume and interest income compared to the same period last year, with our loan balance as of June 30, 2025 also showing a decline from June 2024 levels. Correspondingly, we've achieved meaningful reductio

    8/28/25 6:15:00 AM ET
    $CNF
    Finance: Consumer Services
    Finance

    CNFinance to Report First Half of 2025 Unaudited Financial Results on Thursday, August 28, 2025

    GUANGZHOU, China, Aug. 25, 2025 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it will report its unaudited financial results for the first half of 2025 ended June 30, 2025, before U.S. markets open on Thursday, August 28, 2025. CNFinance's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday, August 28, 2025 (8:00 PM Beijing/ Hong Kong Time on the same day). Dial-in numbers for the live conference call are as follows: International: +1-412-902-4272 Mainland China +86-4001-201203 United States: +1-888-346-8982 Hong Kong: +852-301-84992 Passco

    8/25/25 6:15:00 AM ET
    $CNF
    Finance: Consumer Services
    Finance

    CNFinance Announces First Half of 2024 Unaudited Financial Results

    GUANGZHOU, China, Aug. 27, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced its unaudited financial results for the first half of 2024 ended June 30, 2024. First Half of 2024 Operational and Financial Highlights Total outstanding loan principal[1] was RMB16.0 billion (US$2.2 billion) as of June 30, 2024, representing an increase of 9.6% from RMB14.6 billion as of June 30, 2023.Total interest and fees income were RMB926.5 million (US$127.5 million) in the first half of 2024, representing an increase of 4.7% from RMB884.5 million in the same period of 2023.Net revenue under the comm

    8/27/24 6:39:00 AM ET
    $CNF
    Finance: Consumer Services
    Finance

    $CNF
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by CNFinance Holdings Limited (Amendment)

    SC 13G/A - CNFinance Holdings Ltd. (0001733868) (Subject)

    2/14/24 1:16:40 PM ET
    $CNF
    Finance: Consumer Services
    Finance

    SEC Form SC 13G/A filed by CNFinance Holdings Limited (Amendment)

    SC 13G/A - CNFinance Holdings Ltd. (0001733868) (Subject)

    2/14/23 1:46:35 PM ET
    $CNF
    Finance: Consumer Services
    Finance

    SEC Form SC 13G/A filed by CNFinance Holdings Limited (Amendment)

    SC 13G/A - CNFinance Holdings Ltd. (0001733868) (Subject)

    2/14/22 5:19:07 PM ET
    $CNF
    Finance: Consumer Services
    Finance

    $CNF
    Leadership Updates

    Live Leadership Updates

    View All

    CNFinance Announces Change of Auditor

    GUANGZHOU, China, Dec. 6, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE:CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced the dismissal of KPMG Huazhen LLP ("KPMG"), the Company's independent registered public accounting firm, and appointment of HTL International, LLC ("HTL") as the Company's independent registered public accounting firm for the fiscal year ended December 31, 2024, effective December 6, 2024. The appointment of HTL was made after a careful and thorough evaluation process and has been approved by the audit committee of the Company's board of directors. HTL succeeds KPMG, the Company's previous independent regis

    12/6/24 5:00:00 AM ET
    $CNF
    Finance: Consumer Services
    Finance

    $CNF
    SEC Filings

    View All

    SEC Form 6-K filed by CNFinance Holdings Limited

    6-K - CNFinance Holdings Ltd. (0001733868) (Filer)

    8/28/25 6:35:33 AM ET
    $CNF
    Finance: Consumer Services
    Finance

    SEC Form F-6 POS filed by CNFinance Holdings Limited

    F-6 POS - CNFinance Holdings Ltd. (0001733868) (Subject)

    8/18/25 6:30:21 AM ET
    $CNF
    Finance: Consumer Services
    Finance

    SEC Form 6-K filed by CNFinance Holdings Limited

    6-K - CNFinance Holdings Ltd. (0001733868) (Filer)

    8/15/25 5:15:43 PM ET
    $CNF
    Finance: Consumer Services
    Finance