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Fanhua to Announce Second Quarter and First Half 2018 Unaudited Financial Results and Host Conference Call on August 20, 2018

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GUANGZHOU, China, Aug. 06, 2018 (GLOBE NEWSWIRE) -- 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 second quarter and first half 2018 after the close of the U.S. financial markets on August 20, 2018.

Mr. Chunlin Wang, chairman & CEO and Mr. Peng Ge, CFO will host a conference call to discuss the second quarter and first half 2018 financial results at:

Time:   9:00 p.m. Eastern Daylight Time on August 20, 2018
or   9:00 a.m. Beijing/Hong Kong Time on August 21, 2018


The toll free dial-in numbers:
     
United States   1-855-500-8701
United Kingdom   0800-015-9724
France   0800-918-648
Germany    0800-184-4876
Australia   1-300-713-759
Canada    1-855-757-1565
Taiwan   0080-665-1951
Hong Kong    800-906-606
India   1-800-3010-6020


The toll dial-in numbers:
China (Mainland)   400-120-0654
Hong Kong & Other Areas   +852-3018-6776
     
Conference ID #:1267067

Additionally, a live and archived web cast of this call will be available at: http://ir.fanhuaholdings.com/events.cfm

About Fanhua Inc.

Fanhua Inc. is a leading independent online-to-offline financial services provider. Through our online platforms and offline sales and service network, we offer a wide variety of financial products and services to individuals and businesses, including property and casualty and life insurance products. We also provide insurance claims adjusting services, such as damage assessments, surveys, authentications and loss estimations, as well as value-added services, such as emergency vehicle roadside assistance. Our online platforms include (1) Baoxian.com, an online entry portal for comparing and purchasing health, accident, travel and homeowner insurance products; (2) CNpad, a mobile sales support application; (3) eHuzhu (www.ehuzhu.com), an online mutual aid platform and (4) Lan Zhanggui, an all-in-one platform which allows our agents to access and purchase a wide variety of insurance products, including life insurance, auto insurance, accident insurance, travel insurance and standard health insurance products from multiple insurance companies on their mobile devices.

As of March 31, 2018, our distribution and service network is consisted of 683 sales and service outlets covering 30 provinces.

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, Fanhua's ability to attract and retain key personnel and productive 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 and their potential impact on the sales of insurance products. All information provided in this press release is 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.

For more information about Fanhua Inc., please visit http://ir.fanhuaholdings.com/.

CONTACT: Oasis Qiu
Investor Relations Manager
Tel: (8620) 83883191
Email: qiusr@fanhuaholdings.com

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