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CNFinance Announces Fourth Quarter 2020 and Fiscal Year 2020 Unaudited Financial Results


CNFinance Announces Fourth Quarter 2020 and Fiscal Year 2020 Unaudited Financial Results
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GUANGZHOU, China, March 16, 2021 /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 fourth quarter and fiscal year ended December 31, 2020.
Fourth Quarter 2020 Operational and Financial Highlights
Total loan origination volume
[1] was RMB2.7 billion during the fourth quarter of 2020, representing an increase of 35.0% from RMB2.0 billion in the same period of 2019.
Total number of transactions
[2] was 5,172 during the fourth quarter of 2020, representing an increase of 20.7% from 4,284 in the same period of 2019. ....

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