Fanhua reports fourth quarter and fiscal year 2019 unaudited financial results

Fanhua reports fourth quarter and fiscal year 2019 unaudited financial results.q4 revenue rose 16.1 percent to rmb 1.013 billion.qtrly diluted net loss per ads $0.60.qtrly non-gaap diluted net income per ads $0.25.strongly positioned to capture opportunities in insurance market in h2 2020.expect co's business to resume to normal level in q2 of 2020.expect life insurance ape to be no less than rmb300 million, renewal premiums to be no less than rmb1.8 billion for q1.regular dividend policy will remain unchanged.expect operating income to be no less than rmb50 million for q1 of 2020.for full year of 2020, expect life insurance ape to be no less than rmb1.7 billion.for full year of 2020, expect total life insurance gwp to be no less than rmb10 billion, and operating income to be no less than rmb420 million.
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