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FanhuaNASDAQ: FANH

Profile

Country:

China

IPO:

01 November 2007

Next earnings report:

20 March 2025

Last dividends:

11 April 2022

Next dividends:

N/A
$70.88 M
-91%vs. 3y high
16%vs. sector
-vs. 3y high
-vs. sector
-90%vs. 3y high
7%vs. sector
-vs. 3y high
-vs. sector

Price

regular market | Mon, 04 Nov 2024 14:30:00 GMT
$1.25+$0.09(+7.30%)
$667.36 M$376.15 M

Analysts recommendations

Institutional Ownership

FANH Latest News

Fanhua Announces Change of Name to AIX Inc. and the Results of its Extraordinary General Meeting
globenewswire.com31 October 2024 Sentiment: POSITIVE

GUANGZHOU, China, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: AIFU) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announced the results of its extraordinary general meeting of shareholders held in Guangzhou on October 31, 2024 at 9:00am Beijing Time.

Fanhua Announces Change of Ticker Symbol From “FANH” to “AIFU”
globenewswire.com18 October 2024 Sentiment: POSITIVE

GUANGZHOU, China, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announced the change of its ticker symbol from “FANH” to “AIFU”. Effective on October 23, 2024, the Company's American Depository Shares will begin trading on Nasdaq under the new ticker symbol “AIFU”.

CORRECTION - Fanhua Announces Changes to the Board of Directors and Management Team
globenewswire.com09 October 2024 Sentiment: POSITIVE

GUANGZHOU, China, Oct. 09, 2024 (GLOBE NEWSWIRE) -- The board of directors (the “Board”) of Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today issued an updated press release to correct its press release disseminated on October 1, 2024 which announced changes to its board of directors and management team (the “Original Announcement”). The statement regarding the professional experience of the newly appointed chairperson of the Board in the Original Announcement is hereby replaced with and changed to “Since June 2023, Ms. Hang Suong Nguyen has served as the Vice President of WEALTH WILL LIMITED, overseeing operational strategies and driving the company's capital deployment and growth in multiple emerging markets. Prior to that, from late 2018 until May 2023, she held the position of Sales Director at Trustwell Far East Pte. Ltd., where she was responsible for formulating and executing sales strategies, managing the sales team, analyzing market demands, maintaining customer relationships, and expanding business channels, making significant contributions to the company's cross-border business. She obtained her Bachelor's degree in International Business from Vietnam National University in 2008 and her Master's degree in Business Administration from Hanoi University of Science and Technology in 2009.” Except for the above, there are no other changes to the Original Announcement. The updated press release is as follows.

Fanhua Announces Changes to the Board of Directors and Management Team
globenewswire.com01 October 2024 Sentiment: POSITIVE

GUANGZHOU, China, Oct. 01, 2024 (GLOBE NEWSWIRE) -- The board of directors (the “Board”) of Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announces that Ms. Hang Suong Nguyen has been appointed as the new Chairperson of the Board, effective September 30, 2024..

Fanhua to Hold Extraordinary General Meeting on October 31, 2024
globenewswire.com30 September 2024 Sentiment: POSITIVE

GUANGZHOU, China, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announced that it will hold an extraordinary general meeting (the “EGM”) of shareholders at its executive office at 60/F, Pearl River Tower, No. 15 West Zhujiang Road, Guangzhou, Guangdong, People's Republic of China, at 9:00 a.m. on October 31, 2024, Beijing/Hong Kong Time.

Fanhua Reports First Half 2024 Unaudited Financial Results
globenewswire.com18 September 2024 Sentiment: POSITIVE

GUANGZHOU, China, Sept. 18, 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 first half ended June 30, 20241.

Fanhua Announces Change to the Board of Directors
globenewswire.com12 September 2024 Sentiment: POSITIVE

GUANGZHOU, China, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announces that it has recently received a resignation letter from Mr. Peh Chin Hua, tendering his resignation from the Board as director and Chairman of the Board for personal reasons. The Board has accepted his resignation, effective immediately. The Board hereby wishes Mr. Peh all the best in his future endeavors.

Fanhua BluePlus Forming Strategic Partnerships with Shanghai Biotecan Pharmaceuticals
globenewswire.com06 September 2024 Sentiment: POSITIVE

GUANGZHOU, China, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: FANH) (the “Company” or “FANHUA”), a leading independent technology-driven financial services provider in China, today announced that it, through its wholly-owned subsidiary Fanhua BluePlus Health Management Co., Ltd. (“Fanhua BluePlus”) has recently signed a strategic cooperation agreement with Shanghai Biotecan Pharmaceuticals Co. Ltd. (“Biotecan”).

Fanhua to Announce 2024 First Half Unaudited Financial Results on September 18, 2024
globenewswire.com26 August 2024 Sentiment: POSITIVE

GUANGZHOU, China, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announced that the Company expects to release its unaudited financial results for the first half of 2024 on September 18, 2024. The Company expects its adjusted EBITDA for the first half of 2024 to be in the range of RMB70 million to RMB80 million.

Fanhua Announces Completion of Share Option Cash Exercises by Key Employees
globenewswire.com23 July 2024 Sentiment: POSITIVE

GUANGZHOU, China, July 23, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announced that all share options previously granted to its key employees by the Board of Directors (the “Board”) have recently been fully exercised through cash payment at an exercise price of US$1.92 per American Depository Share (“ADS”), representing a premium of approximately 21.4% from the Company's closing price on the last trading day prior to the cash exercise. This move not only highlights its key employees' strong confidence in the Company's future development but also demonstrates their commitment to growing with the company and sharing in its success.

  • 1(current)

What type of business is Fanhua?

Fanhua Inc., together with its subsidiary, distributes insurance products in China. It operates through two segments, Insurance Agency and Claims Adjusting. The Insurance Agency segment provides life and health insurance products, such as individual whole life, individual health, individual annuity, individual term life, individual endowment life, and participating insurance products; and non-life insurance products primarily includes individual accident, travel, homeowner, indemnity medical, commercial property, cargo, hull, liability, construction and erection, and extended warranty insurance products. The Claims Adjusting segment offers pre-underwriting survey, claims adjusting, residual value disposal, loading and unloading supervision, and consulting services. The company also provides value-added services; elderly care services; healthcare services; and family governance services. In addition, it operates Baowang (baoxian.com), an online insurance distribution platform; Lan Zhanggui, an all-in-one insurance sales and service platform; FA app, an all-in-one insurance sales and service platform; ehuzhu.com, an online mutual aid platform; Fanhua RONS DOP, a digital marketing platform; Fanhua RONS Guanjia, a customer service platform; and Fanhua WeCom that enables agents to directly interact with existing and potential customers. The company serves customers through insurance sales and service group, and insurance agencies, as well as sales and service outlets, independent sales agents, and in-house claims adjustors. The company was formerly known as CNinsure Inc. and changed its name to Fanhua Inc. in December 2016. Fanhua Inc. was founded in 1998 and is headquartered in Guangzhou, China. Fanhua Inc. operates as a subsidiary of Highest Performances Holdings Inc.

What sector is Fanhua in?

Fanhua is in the Financial Services sector

What industry is Fanhua in?

Fanhua is in the Insurance Brokers industry

What country is Fanhua from?

Fanhua is headquartered in China

When did Fanhua go public?

Fanhua initial public offering (IPO) was on 01 November 2007

What is Fanhua website?

https://www.fanhuaholdings.com

Is Fanhua in the S&P 500?

No, Fanhua is not included in the S&P 500 index

Is Fanhua in the NASDAQ 100?

No, Fanhua is not included in the NASDAQ 100 index

Is Fanhua in the Dow Jones?

No, Fanhua is not included in the Dow Jones index

When was Fanhua the previous earnings report?

No data

When does Fanhua earnings report?

The next expected earnings date for Fanhua is 20 March 2025