SHANGHAI, March 13, 2026 -- Fosun International Limited ("Fosun International", stock code: 00656.HK) and HSBC Bank (China) Company Limited ("HSBC China") renewed a strategic cooperation agreement (the "Agreement") today to provide strong support for Fosun International and its subsidiaries ("Fosun") in further enhancing global operation and investment capabilities, advancing future growth strategies, and strengthening financial resources.

In the presence of Guo Guangchang, Chairman of Fosun International; Wang Qunbin, Co-Chairman of Fosun International; Mark Wang, President and Chief Executive Officer of HSBC China; and Bill Chu, Head of China, Capital Markets & Advisory, HSBC, Zhang Houlin, Executive President and Co-CFO of Fosun International, and Matthew Hung, Deputy Head of Banking of HSBC China, signed the strategic cooperation agreement today at Fosun's Bund Finance Center (BFC) in Shanghai. This marked a new stage in the long-standing and strong cooperative relationship between Fosun and HSBC.

Based on mutual trust and close cooperation, the two parties will leverage their complementary strengths to deepen financial cooperation across the segments of Health, Happiness, Wealth, and Intelligent Manufacturing, supporting Fosun's strategic growth and serving the broader goal of high-quality development.

Guo Guangchang, Chairman of Fosun International, said, "Fosun and HSBC have enjoyed a long-standing strategic partnership. The signing of our third strategic cooperation agreement marks a new stage of deeper collaboration between the two parties. After more than 30 years of development, Fosun has built a highly resilient global industrial ecosystem, while HSBC, as a leading international financial institution, has consistently served as an important enabler of our strategy of 'rooted in China, global operations.' Through this cooperation, Fosun will be able to further leverage HSBC's global financial network and local market insights to accelerate the international development of our industrial groups, especially in the expansion into emerging markets and innovation in green finance. We look forward to continuing to deepen our mutually beneficial and win-win cooperation model with HSBC and jointly promoting the sustained and healthy growth of the global family consumption industry."

Mark Wang, President and Chief Executive Officer of HSBC China, said, "Over the years, Fosun has continued to invest in and deepen its presence across multiple sectors, including healthcare, cultural tourism and consumption, and insurance, while actively pursuing innovation and global expansion. These strategic business initiatives are not only highly aligned with the country's broader industrial development agenda, but have also made Fosun one of the leading Chinese enterprises in globalization. At the beginning of the 15th Five-Year Plan period, through the renewal of this strategic cooperation agreement with Fosun, HSBC will fully leverage the strengths of an international financial institution to continue providing strong support for Fosun's globalization journey. Together with Fosun, we will actively seize the new opportunities arising from the country's development plan and jointly contribute to the high-quality development of China's economy."

According to the Agreement, the two parties will carry out strategic cooperation on the basis of strategic fit, complementary strengths, mutual support, integrity and good faith, and common development. Leveraging its global network and cross-border connectivity advantages, HSBC will actively support Fosun's business development strategy.

As an innovation-driven global family consumption industry group, Fosun operates in more than 40 countries and regions worldwide. In the first half of 2025, overseas revenue accounted for 53% of its total revenue, further enhancing its global operating capabilities. Over the past two years, Fosun has maintained strong momentum across its core segments, including pharmaceuticals and healthcare, insurance and finance, and tourism, further reinforcing the fundamentals of its core businesses. At the same time, Fosun has continued to strengthen its financial safety cushion by advancing the divestment of non-core assets and recovering capital, providing solid support for focusing on its core businesses and achieving high-quality development.

A number of banking institutions have also expressed strong recognition of Fosun's strategic direction and development prospects. In January 2025, Fosun entered into a strategic cooperation agreement with Natixis Corporate & Investment Banking to support its future development strategy. In November 2024, Fosun and Standard Chartered Bank (China) Limited signed a strategic cooperation memorandum to further deepen bank-enterprise cooperation on the basis of their existing partnership and expand the depth and breadth of their cooperation in global markets.

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About Fosun

Fosun was founded in 1992. After more than 30 years of development, Fosun has become a global innovation-driven consumer group. Adhering to the mission of creating happier lives for families worldwide, Fosun is committed to creating a global happiness ecosystem fulfilling the needs of one billion families in health, happiness, and wealth. In 2007, Fosun International Limited was listed on the main board of the Hong Kong Stock Exchange (HKEX stock code: 00656). As of 31 December 2024, Fosun International's total assets amounted to RMB796.5 billion.