CNFinance Holdings Limited Regains Compliance with NYSE ADS Trading Price Requirement

Core Points - CNFinance Holdings Limited has regained compliance with the NYSE continued listing standard for minimum share price, meeting the Price Criteria [1][4] - The company was previously notified of non-compliance due to its American depositary shares (ADSs) averaging less than US$1.00 over a thirty-day trading period [2] - To address this, CNFinance adjusted the ratio of its ADSs to Class A ordinary shares from 1:20 to 1:200, effective September 5, 2025 [3] Company Overview - CNFinance is a leading home equity loan service provider in China, connecting borrowers with financing sources through various partnership models [5] - The company primarily targets micro- and small-enterprise (MSE) owners in Tier 1 and Tier 2 cities, focusing on those with real properties [5] - CNFinance employs a risk mitigation mechanism in its loan products, supported by an integrated online and offline process and effective post-loan management [5]