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Thu, 21 Mar 2024
14:26:28 +0000
Fanhua Inc. (NASDAQ:FANH) Q4 2023 Earnings Call Transcript
Fanhua Inc. (NASDAQ:FANH) Q4 2023 Earnings Call Transcript March 21, 2024 Fanhua Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing by for Fanhua’s Fourth Quarter and Fiscal Year 2023 Earnings Conference Call. At this time, […]
Wed, 20 Mar 2024
12:48:00 +0000
FANHUA Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results
Net Income Attributable to Shareholders for 2023 Up 179.7% YoYGUANGZHOU, China, March 20, 2024 (GLOBE NEWSWIRE) -- FANHUA Inc. (Nasdaq: FANH) (the “Company” or “FANHUA”), a leading independent financial services provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 20231. Financial Highlights for Year 2023 (In thousands, except per ADS data and percentages)2022 (RMB)2023 (RMB)2023(US$)Change %Total net revenues2,781,614 3,198
Thu, 07 Mar 2024
09:43:00 +0000
FANHUA to Announce Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results and Host Conference Call on March 20, 2024
GUANGZHOU, China, March 07, 2024 (GLOBE NEWSWIRE) -- FANHUA Inc. (“FANHUA” or the “Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announces that it will release its unaudited financial results for the fourth quarter and fiscal year 2023 before the U.S. financial markets open on March 20, 2024 Eastern Daylight Time. A conference call will be hosted by Mr. Yinan Hu, Vice-chairman and Chief Executive Officer of the Company, Mr. Ben Lin, Chief Strategy Of
Tue, 20 Feb 2024
12:22:00 +0000
FANHUA Announces Supplementary Agreement to Strategic Framework Agreement with White Group and Board Changes
GUANGZHOU, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- FANHUA Inc. (“FANHUA” or the “Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announces the signing of the first supplementary agreement with Singapore White Group Pte. Ltd. (“White Group”) to the framework strategic agreement previously disclosed on February 2, 2024. Pursuant to the agreement, both parties agree to the following matters: 1. White Group will inject assets into FANHUA aimed at assistin
Thu, 08 Feb 2024
13:54:54 +0000
Shareholders in Fanhua (NASDAQ:FANH) are in the red if they invested five years ago
We're definitely into long term investing, but some companies are simply bad investments over any time frame. It hits...
Fri, 02 Feb 2024
13:48:00 +0000
FANHUA Announces Significant Investment from White Group
GUANGZHOU, China, Feb. 02, 2024 (GLOBE NEWSWIRE) -- FANHUA Inc. (“FANHUA” or the “Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that Fanhua and Puyi Inc. (“Puyi”) entered into a framework agreement with Singapore White Group Pte. Ltd. (“White Group”). Pursuant to the framework agreement, White Group and its partners intend to invest up to US$500 million in Fanhua and up to US$500 million in Puyi. Both parties will proceed with finalising th
Fri, 02 Feb 2024
08:30:00 +0000
FANHUA Announces Changes to Board of Directors
GUANGZHOU, China, Feb. 02, 2024 (GLOBE NEWSWIRE) -- FANHUA Inc. (“FANHUA” or the “Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that Mr. Stephen Markscheid has tendered his resignation as an independent director of the Company due to personal reasons, effective on February 1, 2024. Accordingly, Mr. Markscheid will cease to be a member of each of the audit committee, the corporate governance and nominating committee and the compensation comm
Fri, 12 Jan 2024
13:14:32 +0000
Public companies account for 50% of Fanhua Inc.'s (NASDAQ:FANH) ownership, while individual investors account for 31%
Key Insights Fanhua's significant public companies ownership suggests that the key decisions are influenced by...
Wed, 27 Dec 2023
09:59:00 +0000
Puyi Announces Share Exchange Transactions with Certain Shareholders of Fanhua
GUANGZHOU, China, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ: PUYI) (“Puyi”), a leading third-party wealth management services provider in China, today announced that it has entered into certain share exchange agreements with certain shareholders of Fanhua Inc. (“Fanhua,” NASDAQ: FANH), including Mr. Yinan Hu, co-chairman and CEO of FANHUA, certain executive officers of Fanhua, certain employees of Fanhua and certain other shareholders (collectively “Fanhua’s Participating Shareholders”
Wed, 27 Dec 2023
09:32:00 +0000
FANHUA Announces Share Exchange Transaction Between Certain Shareholders and Puyi Inc.
GUANGZHOU, China, Dec. 27, 2023 (GLOBE NEWSWIRE) -- FANHUA Inc. (“FANHUA” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that certain of FANHUA’s shareholders (collectively, “FANHUA Participating Shareholders”), entered into share exchange agreements with Puyi Inc. (Nasdaq: PUYI), a leading third party wealth management service provider in China. The FANHUA Participating Shareholders consist of Mr. Yinan Hu, co-chairman of the board
Fri, 22 Dec 2023
12:07:00 +0000
FANHUA To Exchange Its 4.5% Stake in Puyi for 15.4% Stake in Puyi’s Wholly-owned Fund Sales Company
GUANGZHOU, China, Dec. 22, 2023 (GLOBE NEWSWIRE) -- FANHUA Inc. (NASDAQ: FANH) (“FANHUA,” or the “Company”), a leading independent financial services provider in China, today announced that it entered into a share repurchase agreement with Puyi Inc. (Nasdaq: PUYI) (“Puyi”) on December 22, 2023, pursuant to which FANHUA agreed to transfer all of its 4.46% equity interests in Puyi, or 4,033,600 ordinary shares of Puyi, back to Puyi. Concurrently, a wholly-owned subsidiary of FANHUA entered into a
Sat, 16 Dec 2023
12:44:41 +0000
Fanhua Inc. (NASDAQ:FANH) Might Not Be As Mispriced As It Looks After Plunging 27%
Fanhua Inc. ( NASDAQ:FANH ) shareholders that were waiting for something to happen have been dealt a blow with a 27...
Sat, 16 Dec 2023
12:15:46 +0000
Take Care Before Jumping Onto Fanhua Inc. (NASDAQ:FANH) Even Though It's 27% Cheaper
Fanhua Inc. ( NASDAQ:FANH ) shareholders that were waiting for something to happen have been dealt a blow with a 27...
Wed, 22 Nov 2023
20:08:35 +0000
Fanhua Inc. (NASDAQ:FANH) Q3 2023 Earnings Call Transcript
Fanhua Inc. (NASDAQ:FANH) Q3 2023 Earnings Call Transcript November 21, 2023 Fanhua Inc. misses on earnings expectations. Reported EPS is $0.03 EPS, expectations were $0.31. Operator: Thank you for standing by for Fanhua’s Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. All lines have been placed on […]
Mon, 20 Nov 2023
13:30:00 +0000
FANHUA Reports Third Quarter 2023 Unaudited Financial Results
Net Income Attributable to Shareholders for the Third Quarter of 2023 Up 382.6% YoYGUANGZHOU, China, Nov. 20, 2023 (GLOBE NEWSWIRE) -- FANHUA Inc. (Nasdaq: FANH) (the “Company” or “FANHUA”), a leading independent financial services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 20231. Financial Highlights for the Third Quarter of 2023: (In thousands, except per ADS data and percentages)2022Q3 (RMB)2023Q3 (RMB)2023Q3 (US$)Change %Total
Wed, 25 Oct 2023
02:30:00 +0000
FANHUA Provides Select Preliminary Financial Results and Schedules to Report Third Quarter 2023 Financial Results on November 20, 2023
GUANGZHOU, China, Oct. 24, 2023 (GLOBE NEWSWIRE) -- FANHUA Inc. (“FANHUA” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today provides select preliminary financial results for the third quarter of 2023. Based on its preliminary estimates, the Company is expected to recognize an unrealized investment gain of approximately US$22.5 million, or RMB164 million, in the third quarter 2023, following the recent listing of a company in which FANHUA owns 2.8
Mon, 23 Oct 2023
02:41:00 +0000
FANHUA Announces Joint Ventures with Asia Insurance
GUANGZHOU, China, Oct. 22, 2023 (GLOBE NEWSWIRE) -- FANHUA Inc. (“FANHUA” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, is excited to announce a strategic partnership with Asia Insurance Co., Ltd. (“Asia Insurance”), a wholly-owned subsidiary of Asia Financial Holdings Ltd (HKSE: 0662). Together, the two companies are forming two joint ventures: a life insurance brokerage company and an insurance technology company. FANHUA will be the majority shar
Thu, 31 Aug 2023
12:23:38 +0000
Fanhua Inc. (NASDAQ:FANH) Q2 2023 Earnings Call Transcript
Fanhua Inc. (NASDAQ:FANH) Q2 2023 Earnings Call Transcript August 31, 2023 Operator: Thank you for standing by for Fanhua’s Second Quarter 2023 Earnings Conference Call. [Operator instructions] For your information, this conference call is now broadcast alive over the Internet. Webcast replays will be available within 3 hours after the conference is finished, please visit […]
Wed, 30 Aug 2023
11:47:00 +0000
FANHUA Reports Second Quarter 2023 Unaudited Financial Results
Operating Income for the Second Quarter of 2023 Up 177.3% YoY, Beating Prior GuidanceGUANGZHOU, China, Aug. 30, 2023 (GLOBE NEWSWIRE) -- FANHUA Inc. (Nasdaq: FANH) (the “Company” or “FANHUA”), a leading independent financial services provider in China, today announced its unaudited financial results for the second quarter ended June 30, 20231. Financial Highlights for the Second Quarter of 2023: (In thousands, except per ADS data and percentages)2022Q2(RMB)2023Q2(RMB)2023Q2(US$)Change %Total net
Fri, 25 Aug 2023
23:20:00 +0000
FANHUA Unveils New Mission, New Vision alongside a Refreshed Corporate Logo and Announces Change of Domain Name for Its IR Website
Fanhua Before and After Logo Fanhua Before and After Logo GUANGZHOU, China, Aug. 25, 2023 (GLOBE NEWSWIRE) -- FANHUA Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today unveils its new mission statement, vision, corporate values alongside a refreshed corporate logo. As Fanhua embrace new opportunities in the new era, FANHUA envisions itself as a globally leading technology-driven financial service platform, and sets a new mission to



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