CNFinance Holdings Limited reported a net loss of RMB399.5 million for the first half of 2026 ended June 30, 2026, compared to a net loss of RMB40.4 million in the prior year period. The company is actively optimizing its loan portfolio and reducing new disbursements, resulting in total interest and fees income dropping to RMB89.5 million from RMB415.7 million. Operating expenses decreased by approximately 58% year over year to RMB43.1 million due to organizational restructuring. Cash recoveries from overdue loans reached approximately RMB600 million with a recovery rate of 103%. The delinquency ratio for originated loans rose to 63.4% as of June 30, 2026, while the non-performing loan ratio decreased to 32.3%. Additionally, the board extended its share repurchase program for 24 months commencing March 16, 2026, with approximately US$19.0 million repurchased under the existing authorization as of June 30, 2026. CNFinance Holdings Limited is a leading home equity loan service provider in China.