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0 0 0.00502512562814075 0 0.0117252931323284 0.0100502512562815 -0.0117252931323282 -0.0117252931323282
Stock impact report

FANHUA Announces Supplementary Agreement to Strategic Framework Agreement with White Group and Board Changes

Fanhua Inc. - American depositary shares, each representing 20 ordinary shares (FANH) 
Last fanhua inc. - american depositary shares, each representing 20 ordinary shares earnings: 3/18 04:55 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.fanhuaholdings.com
Company Research Source: GlobeNewswire
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 assisting FANHUA in driving its artificial intelligence (“AI”) development and international expansion by setting new offices in Singapore, Vietnam, Europe, the United States and Hong Kong. 2. White Group and its partnerships will invest up to US$500 million in FANHUA. 3. The main objective of the parties is to explore investments in the following high-quality assets: An Asia-based telehealth solution provider that had one of the largest number of patient consultations per day in the Asia-Pacific Show less Read more
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