CNFinance Holdings Limited

Good day and welcome to the CN Finance Fourth Quarter and Fiscal Year 2021 Unaudited Financial Results Conference Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on a touch-tone phone. To withdraw your question, please press star then two. Please note, today's event is being recorded. I'd now like to turn the conference over to Matthew Liu. Please go ahead.

Matthew Liu Thank you. Good morning and evening, and welcome to the CN Finance fourth quarter and fiscal year of 2021 financial results conference call. In today's call, our CEO, Mr. Jai, will walk us through the operating results, followed by the financial results from our acting CFO, Ms. Li. After that, we will have a Q&A section. Before we start, I would like to remind you that this conference call contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 as amended and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as real, expect, anticipate, future, intent, plans, beliefs, estimates, targets, going forward, outlook, and similar statements. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties, and other factors, all of which are difficult to predict, and many of which are beyond the company's control, which may cause the company's actual results, performance, or achievements that differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties, or factors is included in the company's filing with the U.S. Securities and Exchange Commission. The company does not undertake any obligation to update any forward-looking statements as a result of new information, future events, or otherwise, except as required, underlined. Now, please welcome our CEO, Mr. Gaibi. Thanks. Thank you everyone for joining us in this conference call. On today's call, we will introduce the company and operational results in the fourth quarter and the fiscal year of 2021. And then me and my colleagues will answer your questions.

In this quarter, the company's real estate volume has continued to grow rapidly, with a total of 3.1 billion yuan in real estate. The total amount of real estate in the whole year has reached 1.28 billion yuan, which is 15% and 45% higher than the same period last year. This is a confirmation of the market's recognition of the company's products and models. The company has achieved a sales revenue of 4.5 billion yuan and 17.8 billion yuan in sales in the fourth quarter of the year. Considering the fluctuation of the public relations environment and the double impact of the recession, the company has reached a pre-pandemic position in the fourth quarter of the year and has raised a lot of money. The whole year, the company has achieved a success rate of 65 million yuan, which is very good. Our loan facilitation business maintained fast growth in the fourth quarter. We facilitated loans of RMB 3.1 billion during the quarter and RMB 12.8 billion for the year.