Brief: Fanhua Announces Distribution Of Cnfinance Shares

AIFU

27/05/2022 24:52

May 26 (Reuters) - CNFinance Holdings Ltd  CNF.N :
    * FANHUA ANNOUNCES DISTRIBUTION OF CNFINANCE SHARES
    * FANHUA - BOARD AUTHORIZED AND APPROVED DISTRIBUTION OF
SHARES OF
CNFINANCE HOLDINGS LIMITED TO CO'S SHAREHOLDERS ON PRO RATA
BASIS
    * FANHUA INC - FOLLOWING DISTRIBUTION OF CNFINANCE SHARES,
CO'S
EQUITY STAKE IN CNFINANCE WILL DECREASE FROM ABOUT 18.5%
CURRENTLY TO ABOUT 0.01%
    * FANHUA INC - WILL NOT DISTRIBUTE ANY FRACTIONAL CNFINANCE
SHARES

Source text for Eikon:  ID:nGNX44D6yN 
Further company coverage:  CNF.N 

 ((Reuters.Briefs@thomsonreuters.com;))