Correction - fanhua announces changes to the board of directors and management team

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.
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