GUANGZHOU, China, May 23, 2018 (GLOBE NEWSWIRE) -- Fanhua Inc. (Nasdaq:FANH) (the "Company" or "Fanhua"), a
leading independent online-to-offline financial services provider operating in China, today announced that the record date for its
upcoming quarterly cash dividend will be changed from the previously announced May 30, 2018 to June 4, 2018. The payment date for
the cash dividend will be changed from on and around June 10, 2018 to on or around June 11, 2018. The dividend amount of US$0.25
per ADS, or US$0.0125 remains unchanged. The dividends to be paid to the ADS holders through the depositary bank will be subject to
the terms of the deposit agreement, including the fees and expenses payable thereunder.
About Fanhua Inc.
Fanhua Inc., formerly known as CNinsure 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 provided by over 90 insurance companies 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) CNpad, a mobile sales support application; (2) Baoxian.com, an online entry
portal for comparing and purchasing health, accident, travel and homeowner insurance products; (3) eHuzhu (www.ehuzhu.com), a
non-profit online mutual aid platform in China 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 consisted of 683 sales and service outlets covering 30 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, 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
