CNFinance Holdings Ltd. has announced a change in the ratio of its American depositary shares (ADSs) to its Class A ordinary shares. The ADS Ratio will shift from one ADS representing twenty Class A ordinary shares to one ADS representing two hundred Class A ordinary shares. This adjustment will have the effect of a one-for-ten reverse ADS split. The change is anticipated to be effective around September 5, 2025, with the ADSs continuing to trade on the New York Stock Exchange under the ticker symbol "CNF". The reverse split is expected to proportionally increase the ADS trading price, although no assurances can be made about the exact price change.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CNFinance Holdings Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN52304) on August 15, 2025, and is solely responsible for the information contained therein.
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