[Hong Kong – May 31, 2024] Fosun International Securities Limited (hereafter “Fosun International Securities”), subsidiary of Fosun Wealth International Holdings Limited (hereafter "Fosun Wealth Holdings"), has received preliminary approval from the Securities and Futures Commission of Hong Kong("SFC") to provide virtual asset dealing services. This important milestone highlights Fosun Wealth Holdings' expertise in the Web 3.0 field and enables it to provide customers with secure and compliant virtual asset trading and virtual asset product distribution services.

This strategic business upgrade provides strong support for Fosun Wealth Holdings to expand its product portfolio and provide integrated solutions to customers in line with ever-changing market needs. Fosun Wealth Holdings will provide online trading, exchange-traded ETF and virtual private equity product trading services to professional investors through its one-stop TO-C wealth management platform "Xingcaifu APP". Moreover, through the one-stop TO-B institutional wealth product platform "Finloop", it will provide institutional customers with advanced, safe and efficient services for direct subscription of ETFs. The successful approval of the virtual asset dealing service license by SFC marks another significant step forward for Fosun Wealth Holdings in the field of virtual asset allocation after t Fosun International Securities assisted in the issuance and secondary market trading of 6 virtual asset spot ETFs.

Fosun Wealth Holdings is a wholly-owned subsidiary of Fosun International Limited (Stock Code: 00656.HK) in Hong Kong. Fosun International Limited is a global innovation-driven consumer group that focuses on four major business segments: health, happiness, wealth and intelligent manufacturing, with the vision of providing high-quality products and services for families around the world. As a key part of the parent company's "wealth" segment, Fosun Wealth Holdings is an important part of Fosun International Limited's business development strategy in the financial sector for overseas markets.  Fosun Wealth Holdings continues to focus on the strategic transformation of "technology-driven wealth management" and continuously expands its business scope, with "global trading services, asset allocation services and comprehensive financial services" as its three core services. It focuses on a refined and hierarchically managed customer system, accompanying corporate and individual customers throughout their life cycle in wealth financing and wealth preservation and appreciation.

Cheng Kang, CEO of Fosun Wealth Holdings, said: "We are very pleased to have obtained the virtual asset dealing service license from the SFC. This not only proves the team's efforts and commitment, but also gives us the opportunity to provide regulated and compliant virtual asset dealing services. We will continue to increase investment in technology, securely safeguard customer assets, actively improve the product portfolio of Fosun Wealth Holdings' safe and compliant financial services platform, and promote the long-term development of the digital asset ecosystem."

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About Fosun Wealth Holdings

Fosun Wealth International Holdings Limited (together with its subsidiaries, collectively referred to as “Fosun Wealth Holdings"), is a prominent technology and financial services platform wholly owned by Fosun International Limited (Stock Code: 00656.HK) in Hong Kong. It also plays a key role in Fosun's "wealth" core business segment. Leveraging Fosun's strong industrial advantages and global network, Fosun Wealth Holdings' business has a reach spanning Greater China and various other core regions such as Southeast Asia and Europe. With its excellent financial service capabilities, it creates value for customers, making their businesses more prosperous and their families wealthier.

Fosun Wealth Holdings is equipped with strong capital strength. The four licensed corporations including Fosun International Securities Limited, Fosun International Asset Management Limited, Fosun International Capital Limited and Finloop Finance Limited, collectively hold Type 1, 2, 4, 6 and 9 licenses issued by the SFC. Through the one-stop TO-C retail wealth management platform "Xingcaifu" and the one-stop TO-B institutional wealth product platform "Finloop", Fosun Wealth Holdings has always been committed to providing high-quality and unique services to global customers. With superior financial products and services, it strives to build Hong Kong's most potential digital and intelligent global wealth management platform.