| 代码 | 名称 | 最新价 | 涨跌幅 ^ | 涨跌额 | 成交额 | | --- | --- | --- | --- | --- | --- | | JEM | 707 Cayman Holdings | 0.759 | -65.81% | -1.461 | 2917.07万 | | MKDTY | 摩贝 | 0.0002 | -33.33% | -0.0001 | 0.24 | | CNF | 深泛联 | 0.3026 | -23.78% | -0.0944 | 15.19万 | | ZYBT | 正业生物 | 9.750 | -23.02% | -2.915 | 431.26万 | | HKPD | 港药数字科技 | 1.120 | -22.76% | -0.330 | 130.85万 | 中概股收盘跌幅前五的个股为：707 Cayman Holdings跌65.81%，摩贝跌33.33%，深泛联跌23.78%，正 业生物跌23.02%，港药数字科技跌22.76%。(格隆汇) ...

中概股收盘跌幅前五的个股为：易电行跌39.68%，斯塔克工业跌28.36%，深泛联跌17.9%，盛丰物流跌 15.2%，元保跌11.46%。(格隆汇) | 代码 | 名称 | 最新价 | 涨跌幅 ^ | 涨跌额 | 成交额 | | --- | --- | --- | --- | --- | --- | | EZGO | 易电行 | 0.2051 | -39.68% | -0.1349 | 138万 | | STAK | 斯塔克工业 | 1.010 | -28.36% | -0.400 | 120.87万 | | CNF | 深泛联 | 0.4100 | -17.90% | -0.0894 | 12.86万 | | SFWL | 盛丰物流 | 1.060 | -15.20% | -0.190 | 5.62万 | | YB | 元保 | 23.305 | -11.46% | -3.015 | 331.21万 | ...

Core Viewpoint - The conference call is focused on the financial results of CNFinance Holdings Limited for the first half of 2025, with management providing insights into operating and financial performance [2]. Group 1: Company Participants - The conference call features key participants including Jun Qian, the Director and Vice President, and Matthew Lou, the IR Manager [1][2]. Group 2: Forward-Looking Statements - The conference call includes forward-looking statements as defined by the Securities Exchange Act of 1934 and the U.S. Private Securities Litigation Reform Act of 1995, indicating expectations about future performance [3][4]. - These statements are based on management's current expectations and market conditions, which may involve risks and uncertainties that could lead to actual results differing from those projected [4][5].

CNFinance Holdings (CNF) Q2 2025 Earnings Call August 28, 2025 08:00 AM ET Company ParticipantsMatthew Lu - IR - ManagerOperatorGood day, and welcome to the CN Finance Holdings Limited First Half of twenty twenty five Financial Results Conference Call. All participants will be in a listen only mode. Please note this event is being recorded. I would now like to turn the conference over to IR Manager, Matthew Lu. Please go ahead.Matthew LuThank you, and welcome to the CN Finance first half of twenty twenty fi ...

Financial Data and Key Metrics Changes - As of June 30, 2025, the company's loan balance was RMB 11.2 billion, a decrease of 29.6% year on year [6] - Interest income for the first half of the year was RMB 416 million, reflecting a decline of 55% year on year [6] - The net loss was RMB 40.4 million, primarily due to an impairment loss provision of RMB 31.3 million [7] - The non-performing loan (NPL) ratio was 16.9%, with a 103% NPL recovery rate achieved in the first half [7] Business Line Data and Key Metrics Changes - The total number of loan transactions decreased by 78.1% year on year, and total loan origination dropped by 85.4% [5] - The company signed a total of 2,184 sales partners, marking a year-on-year increase of 2% [5] - The number of sales partners who introduced borrowers increased by 3.3% [5] Market Data and Key Metrics Changes - The company focused on risk mitigation and asset quality enhancement, which impacted short-term performance but aimed to establish a foundation for long-term growth [6] Company Strategy and Development Direction - The company adhered to the principle of "survival first, victory first," focusing on reducing non-performing loans and optimizing new growth [8] - Key priorities included reducing NPLs, stabilizing funding sources by attracting new institutional investors, and expanding into new business areas [8] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the complex and ever-changing market environment and emphasized the importance of strategic adjustments and business optimizations [5] - The company plans to persist in its core strategy of containing non-performing loans and supporting new business development [8] Other Important Information - The company achieved a significant reduction in operating costs through organizational optimization and personnel streamlining [7] Q&A Session Summary - There were no questions during the Q&A session [9]

Core Viewpoint - CNFinance Holdings Limited, a leading home equity loan service provider in China, is set to report its unaudited financial results for the first half of 2025 on August 28, 2025, 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 commercial banks under a commercial bank partnership model [3]. - 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 [3]. - The company employs a risk mitigation mechanism embedded in its loan products, supported by an integrated online and offline process that focuses on the risks of both borrowers and collateral, further enhanced by effective post-loan management procedures [3].

Group 1 - The top five Chinese concept stocks that experienced the largest declines at closing were Bit Origin, Duojusi, Sanyi Technology, Shenfanlian, and Mingzhu Freight, with declines ranging from approximately 10% to nearly 20% [1] - Bit Origin saw a decline of 11.58%, closing at a price of 0.4519, with a trading volume of 3.5652 million [1] - Duojusi dropped by 11.20%, closing at 14.190, with a trading volume of 1.8711 million [1] Group 2 - Sanyi Technology fell by 10.56%, closing at 0.8855, with a trading volume of 36,100 [1] - Shenfanlian decreased by 10.08%, closing at 0.5300, with a trading volume of 117,700 [1] - Mingzhu Freight experienced the largest drop of 19.996%, closing at 0.7200, with a trading volume of 11,300 [1]

Core Viewpoint - CNFinance Holdings Limited plans to change the ratio of its American depositary shares (ADSs) to its Class A ordinary shares from 1:20 to 1:200, which is equivalent to a one-for-ten reverse ADS split [1][2]. Group 1: ADS Ratio Change - The new ADS Ratio will be effective on or about September 5, 2025, subject to regulatory approval [2]. - Existing ADS holders will need to surrender ten current ADSs to receive one new ADS [3]. - No fractional new ADSs will be issued; instead, fractional entitlements will be aggregated and sold, with net cash proceeds distributed to ADS holders [4]. Group 2: Impact on Trading and Company Overview - The change in the ADS Ratio is expected to lead to a proportional increase in the ADS trading price, although no assurance can be given that the price will be ten times the previous trading price [5]. - CNFinance is a leading home equity loan service provider in China, focusing on micro- and small-enterprise owners in major cities [6].

Company Overview - CNFinance Holdings Limited is a leading home equity loan service provider in China, focusing on connecting borrowers with financial institutions through various partnership models [3]. - The company primarily targets micro- and small-enterprise (MSE) owners who own real properties in Tier 1 and Tier 2 cities and other major cities in China [3]. - CNFinance employs a risk mitigation mechanism embedded in its loan products, supported by an integrated online and offline process that emphasizes borrower and collateral risks, along with effective post-loan management procedures [3]. Annual General Meeting (AGM) Details - The company will hold its annual general meeting of shareholders on May 29, 2025, from 9:00 a.m. to 11:00 a.m. Beijing Time at the South Finance Center in Guangzhou [1]. - No proposals will be submitted for shareholder approval at the AGM; instead, it will serve as an open forum for discussions between shareholders and management [1]. - The record date for determining shareholders entitled to attend the AGM is set for May 22, 2025 [2].

Group 1 - CNFinance Holdings Limited filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC on April 29, 2025 [1] - The annual report is accessible on the Company's investor relations website and the SEC's website [1] - The Company offers free hard copies of its annual report to shareholders and ADS holders upon request [2] Group 2 - CNFinance is a leading home equity loan service provider in China, focusing on micro- and small-enterprise (MSE) owners with real properties in Tier 1 and Tier 2 cities [3] - The Company operates through a trust lending model and a commercial bank partnership model, connecting borrowers with licensed financial institutions [3] - CNFinance's risk mitigation mechanism is integrated into its loan products, supported by an online and offline process that emphasizes borrower and collateral risks [3]