Fanhua to Announce Third Quarter 2022 Unaudited Financial

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GUANGZHOU, China, Nov. 14, 2022 (GLOBE NEWSWIRE) — Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a number one impartial monetary providers supplier in China, right now introduced that it’ll launch its unaudited monetary outcomes for the third quarter 2022 after the shut of the U.S. monetary markets on November 21, 2022 Eastern Time.

Mr. Hu Yinan, chairman & CEO and Mr. Peng Ge, CFO will host a convention name to focus on the third quarter 2022 monetary outcomes at:

Time: 8:00 p.m. Eastern Time on November 21, 2022

    or 9:00 a.m. Beijing/Hong Kong Time on November 22, 2022

Please pre-register on-line upfront to be a part of the convention name by navigating to the hyperlink supplied beneath and dial in 10 minutes earlier than the decision is scheduled to start. Conference name particulars can be supplied upon registration.

Conference Call Preregistration: https://register.vevent.com/register/BI1b627f239d87469890614c8be638bfd4

Additionally, a dwell and archived webcast of the convention name can be out there at Fanhua’s investor relations web site: https://edge.media-server.com/mmc/p/5mcc7ydk

About Fanhua Inc.

Fanhua Inc. is a number one impartial monetary providers supplier. Through our on-line platforms and offline gross sales and repair community, we provide all kinds of monetary services and products to people, together with life and property and casualty insurance merchandise. We additionally present insurance claims adjusting providers, reminiscent of harm assessments, surveys, authentications and loss estimations, in addition to value-added providers, reminiscent of emergency automobile roadside help.

Our on-line platforms embody: (1) Lan Zhanggui, an all-in-one platform which permits our brokers to entry and buy all kinds of insurance merchandise, together with life insurance, auto insurance, accident insurance, journey insurance and normal well being insurance merchandise from a number of insurance firms on their cell gadgets; (2) Baowang (www.baoxian.com), an internet entry portal for evaluating and buying brief time period well being, accident, journey and home-owner insurance merchandise; and (3) eHuzhu (www.ehuzhu.com), a non-profit on-line mutual support platform in China.

As of June 30, 2022, our distribution and repair community consisted of 712 gross sales retailers masking 23 provinces, autonomous areas and centrally-administered municipalities and 104 service retailers masking 31 provinces.

For extra details about Fanhua Inc., please go to http://ir.Fanhuaholdings.com/.

Forward-looking Statements

This press launch accommodates statements of a forward-looking nature. These statements, together with the statements relating to the Company’s future monetary and working outcomes, are made beneath the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can determine these forward-looking statements by terminology reminiscent of “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and comparable statements. Among different issues, administration’s quotations and the Business Outlook part include forward-looking statements. These forward-looking statements contain identified and unknown dangers and uncertainties and are primarily based on present expectations, assumptions, estimates and projections about Fanhua and the trade. Potential dangers and uncertainties embody, however usually are not restricted to, these relating to its capability to entice and retain productive brokers, particularly entrepreneurial brokers, its capability to keep present and develop new business relationships with insurance firms, its capability to execute its development technique, its capability to adapt to the evolving regulatory setting within the Chinese insurance trade, its capability to compete successfully in opposition to its rivals, quarterly variations in its working outcomes brought on by components past its management and macroeconomic circumstances in China, future growth of COVID-19 outbreak and their potential impression on the gross sales of insurance merchandise. All info supplied on this press launch is as of the date hereof, and Fanhua undertakes no obligation to replace any forward-looking statements to mirror subsequent occurring occasions or circumstances, or adjustments in its expectations, besides as could also be required by regulation. Although Fanhua believes that the expectations expressed in these forward-looking statements are affordable, it can not guarantee you that its expectations will end up to be right, and traders are cautioned that precise outcomes could differ materially from the anticipated outcomes. Further info concerning dangers and uncertainties confronted by Fanhua is included in Fanhua’s filings with the U.S. Securities and Exchange Commission, together with its annual report on Form 20-F.


        



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