Fanhua to Announce First Quarter 2023 Unaudited Financial Results on May 30, 2023, and Host Conference Call on June 5, 2023
May 22 2023 - 5:35AM
Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading
independent financial services provider in China, today announced
that it will release its unaudited financial results for the first
quarter 2023 after the close of the U.S. financial markets on May
30, 2023 Eastern Daylight Time.
Mr. Yinan Hu, chairman and chief executive
officer of the Company, Mr. Peng Ge, chief financial officer of the
Company and Mr. Lichong Liu, chief operating officer of the Company
will host a conference call to discuss the first quarter 2023
financial results at:
Time: 9:00 p.m. Eastern Daylight Time on June 5,
2023
or 9:00 a.m. Beijing/Hong
Kong Time on June 6, 2023
Please pre-register online in advance to join
the conference call by navigating to the link provided below and
dial in 10 minutes before the call is scheduled to begin.
Conference call details will be provided upon registration.
Conference Call Preregistration:
https://register.vevent.com/register/BI858e6e49b05c4b44a667fed864942a88
Additionally, a live and archived webcast of the
conference call will be available at Fanhua’s investor relations
website:
https://edge.media-server.com/mmc/p/ecbdzyh4
About Fanhua Inc.
Driven by digital technologies and insurance
industry expertise, Fanhua Inc. is the leading independent
financial service provider in China, focusing on providing
insurance-oriented family asset allocation services that covers
customers’ full lifecycle and a one-stop service platform for
individual sales agents and independent insurance
intermediaries.
With strategic focus on long-term life insurance
products, we offer a broad range of insurance product offerings,
claims adjusting services and various value-added services to meet
customers’ diversified needs, through an extensive network of
digitally-empowered sales agents and professional claims adjustors.
We also operate Baowang (www.baoxian.com), an online insurance
platform that provides customers with a one-stop insurance shopping
experience.
As of March 31, 2023, our distribution and
service network consisted of 672 sales outlets covering 24
provinces, autonomous regions and centrally-administered
municipalities and 92 service outlets covering 31 provinces.
For more information about Fanhua Inc., please
visit http://ir.fanhuaholdings.com/.
Forward-looking Statements
This press release contains statements of a
forward-looking nature. These statements, including the statements
relating to the Company’s future financial and operating results,
are made under the “safe harbor” provisions of the U.S. Private
Securities Litigation Reform Act of 1995. You can identify these
forward-looking statements by terminology such as “will,”
“expects,” “believes,” “anticipates,” “intends,” “estimates” and
similar statements. Among other things, management’s quotations and
the Business Outlook section contain forward-looking statements.
These forward-looking statements involve known and unknown risks
and uncertainties and are based on current expectations,
assumptions, estimates and projections about Fanhua and the
industry. Potential risks and uncertainties include, but are not
limited to, those relating to its ability to attract and retain
productive agents, especially entrepreneurial agents, its ability
to maintain existing and develop new business relationships with
insurance companies, its ability to execute its growth strategy,
its ability to adapt to the evolving regulatory environment in the
Chinese insurance industry, its ability to compete effectively
against its competitors, quarterly variations in its operating
results caused by factors beyond its control and macroeconomic
conditions in China, future development of COVID-19 outbreak and
their potential impact on the sales of insurance products. Except
as otherwise indicated, all information provided in this press
release speaks as of the date hereof, and Fanhua undertakes no
obligation to update any forward-looking statements to reflect
subsequent occurring events or circumstances, or changes in its
expectations, except as may be required by law. Although Fanhua
believes that the expectations expressed in these forward-looking
statements are reasonable, it cannot assure you that its
expectations will turn out to be correct, and investors are
cautioned that actual results may differ materially from the
anticipated results. Further information regarding risks and
uncertainties faced by Fanhua is included in Fanhua’s filings with
the U.S. Securities and Exchange Commission, including its annual
report on Form 20-F.
Source: Fanhua Inc.
For more information, please contact:
Investor Relations
Tel: +86 (20) 8388-3191
Email: qiusr@Fanhuaholdings.com
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