OTC:FOSUY

China International Consumer Products Expo Signals the Arrival of Consumption Recovery. Fosun's Approach to Ride on the Momentum of Consumption Recovery

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星期四, 四月 13, 2023

HONG KONG, Apr 13, 2023 - (ACN Newswire) - On 10 April, the third China International Consumer Products Expo (CICPE) kicked off in Haikou as scheduled.

Key Points: 
  • HONG KONG, Apr 13, 2023 - (ACN Newswire) - On 10 April, the third China International Consumer Products Expo (CICPE) kicked off in Haikou as scheduled.
  • The CICPE shows that a new round of consumption recovery may have already arrived, and new consumer trends have also emerged.
  • How will Fosun, which has many world-renowned brands and IPs, leverage its strengths to ride on the momentum?
  • Shede Spirits is presenting a number of international spirits award-winning products, including Wisdom Shede, Tunzhihu (sauce-flavored), and Shede Classic at the expo.

Fosun International Holds 2022 Annual Results Announcement. Guo Guangchang: Realizing Sustainable and Rapid Development in 2023

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星期五, 三月 31, 2023

On the morning of 30 March, Fosun International held its 2022 annual results announcement, where Guo Guangchang, Chairman of Fosun International, made the above remarks.

Key Points: 
  • On the morning of 30 March, Fosun International held its 2022 annual results announcement, where Guo Guangchang, Chairman of Fosun International, made the above remarks.
  • Guo Guangchang said at the results announcement, "2022 was a special year for Fosun.
  • Fosun International's results will be back on track and return to sustainable and rapid development."
  • Gong Ping, CFO of Fosun International, analyzed the financial situation of Fosun International in 2022.

A Detailed Look at Fosun International's Annual Results: Create Space to Concentrate on Core Businesses in 2022, Poised for Rebound in 2023

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星期四, 三月 30, 2023

Complementing the financial figures, Guo Guangchang, Chairman of Fosun International, published a Letter to Shareholders on 29 March.

Key Points: 
  • Complementing the financial figures, Guo Guangchang, Chairman of Fosun International, published a Letter to Shareholders on 29 March.
  • In the letter, Guo Guangchang candidly responded to questions such as debt, business, and strategy that investors are highly concerned about.
  • While stepping up its efforts in the divestment of non-strategic and non-core assets, Fosun has also made continuous efforts in financing.
  • In fact, since the beginning of 2023, Fosun's businesses in consumer and tourism sectors have shown a remarkable upward trend.

TA Detailed Look at Fosun International's Annual Results: Create Space to Concentrate on Core Businesses in 2022, Poised for Rebound in 2023

Retrieved on: 
星期四, 三月 30, 2023

Complementing the financial figures, Guo Guangchang, Chairman of Fosun International, published a Letter to Shareholders on 29 March.

Key Points: 
  • Complementing the financial figures, Guo Guangchang, Chairman of Fosun International, published a Letter to Shareholders on 29 March.
  • In the letter, Guo Guangchang candidly responded to questions such as debt, business, and strategy that investors are highly concerned about.
  • While stepping up its efforts in the divestment of non-strategic and non-core assets, Fosun has also made continuous efforts in financing.
  • In fact, since the beginning of 2023, Fosun's businesses in consumer and tourism sectors have shown a remarkable upward trend.

Fosun International's total revenue in 2022 amounted to RMB175.39 Billion, up 8.7% Year-on-year

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星期四, 三月 30, 2023

In 2022, the increasingly sophisticated macro environment, the US dollar interest rate hikes, and geopolitical tensions continued to disrupt the economy.

Key Points: 
  • In 2022, the increasingly sophisticated macro environment, the US dollar interest rate hikes, and geopolitical tensions continued to disrupt the economy.
  • During the Reporting Period, the Group achieved a total revenue of RMB175.39 billion, representing a year-on-year increase of 8.7%.
  • Focusing on the needs of global families in health, happiness, and wealth, the four core subsidiaries, namely Yuyuan, Fosun Pharma, Fosun Insurance Portugal, and Fosun Tourism Group (FTG) continued to enhance their products and services, accounting for 72% of the Group's total revenue.
  • In 2022, Fosun's global operations capability was further enhanced, with overseas revenue amounting to RMB77.4 billion, representing a year-on-year increase of 14% and accounting for 44% of the total revenue.

Fosun International: Focused Strategy to Empower the Sustainable Growth, Total Revenue up 8.7% YoY to RMB175.39 Billion in 2022

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星期三, 三月 29, 2023

HONG KONG, March 29, 2023 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group"), today announced its annual results for the year ended 31 December 2022 (the "Reporting Period").

Key Points: 
  • Fosun firmly implemented a focused strategy, continued to lay the solid foundation for its development, and achieved steady development in its core businesses.
  • During the Reporting Period, the Group achieved a total revenue of RMB175.39 billion, representing a year-on-year increase of 8.7%.
  • Among them, FTG's revenue increased significantly by 49% to RMB13.78 billion, mainly due to the speedy recovery of overseas tourism business.
  • Fosun International 2022 annual results presentation will be held on 30 March 2023, from 10:00 to 16:00.

Guo Guangchang Stresses Healthy Corporate Development and Expresses Full Confidence in the Future

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星期一, 三月 20, 2023

In an interview with a CCTV reporter at the forum, Guo Guangchang said that for future development, Fosun will first focus on innovation and R&D investment, especially in biopharmaceuticals.

Key Points: 
  • In an interview with a CCTV reporter at the forum, Guo Guangchang said that for future development, Fosun will first focus on innovation and R&D investment, especially in biopharmaceuticals.
  • 'Belief' creates strength, but confidence is very important as well," Guo Guangchang said, "Although the economy is gradually picking up now, we must always plan for the worst and do our best.
  • "Since the beginning of this year, we have truly felt the rapid recovery of consumption, offline consumption in particular," Guo Guangchang said.
  • Guo Guangchang called on Fosun's global partners not to create products or make investments that do not create unique value for society.

Relief for Turkey! Fosun Foundation Joins Efforts with Tom Tailor and Fosun Trade to Assist Earthquake Relief Efforts in Turkey Amid Bleak Winter

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星期二, 二月 14, 2023

HONG KONG, Feb. 14, 2023 /PRNewswire/ -- On 13 February, a handover ceremony was held at Fosun's Sanhe Emergency Supplies Depot to hand over the relief supplies jointly donated by Fosun Foundation, Tom Tailor, a member company of Yuyuan, and Fosun Trade to quake-hit areas in Turkey. It was attended by Huseyin Emre Engin, Consul General of Turkey in Shanghai and Li Haifeng, Chairman of Fosun Foundation.

Key Points: 
  • It was attended by Huseyin Emre Engin, Consul General of Turkey in Shanghai and Li Haifeng, Chairman of Fosun Foundation.
  • "Fosun Foundation was the first to contact us after the disaster, it is also the first charitable force which responded to the disaster relief in Turkey.
  • Li Haifeng, Chairman of Fosun Foundation said humanitarian relief is an important responsibility of Fosun Foundation.
  • In order to ease Turkey's predicament, Fosun Foundation contacted Tom Tailor promptly for arranging winter supplies for quake-hit areas.