Zhang Zehui - 18 Mar 2026 Form 3 Insider Report for CNFinance Holdings Ltd. (CNF)

Role: Vice President
Signature: /s/ Zhang Zehui
Issuer symbol: CNF
Transactions as of: 18 Mar 2026
Net transactions value: $0
Form type: 3
Filing time: 18 Mar 2026, 10:51:31 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Zhang Zehui	Vice President	22F, SOUTHERN FINANCE PLAZA, NO. 7 3RD CHUNRONG ROAD, TIANHE DISTRICT, GUANGZHOU, CHINA	/s/ Zhang Zehui	18 Mar 2026	0002121202

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CNF	Class A Ordinary Shares						24,394,938	18 Mar 2026	By Kylin Investment Holdings Limited	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	CNF	Stock Option (Right to Buy)							18 Mar 2026	Ordinary Shares	20,000,000	$0.0725	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Kylin Investment Holdings Limited, or Kylin Investment, is a company incorporated in the British Virgin Islands.10% of the total outstanding shares of Kylin Investment are held by the Reporting Person. Kylin Investment holds 243,949,380 Class A ordinary shares of the Issuer.
F2	The exercise price of the stock options is RMB0.5 per share. For convenience only, this amount has been translated into U.S. dollars at the rate of RMB6.8961 to US$1.00, the noon buying rate in effect on March 13, 2026, as set forth in the H.10 statistical release of the Federal Reserve Board.