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 the aspects of global 
operation and investment capabilities, growth strategies, financial resources, 
etc.

In the presence of Wang Qunbin, Co-Chairman of Fosun International, and Wang 
Yunfeng, President and Chief Executive Officer of HSBC China, Zhang Houlin, 
Senior Vice President and Co-CFO of Fosun International, and Ma Jian, Executive 
Vice President, Country Head of Commercial Banking of HSBC China signed a 
strategic cooperation agreement today at Fosun's Bund Finance Center in 
Shanghai, marking further cooperation between Fosun and HSBC. The two parties 
will work together to support the strategic goal of stabilizing economic 
growth, promote the high-quality development of private enterprises, and make 
new and greater contributions to advance both the pandemic prevention and 
economic and social development.

Wang Qunbin, Co-Chairman of Fosun International, said, "As a global 
innovation-driven consumer group, after 30 years of development, Fosun has 
grown into one of the few domestic enterprises that is equipped with global 
operation and investment capabilities, and accumulated profound technology and 
innovation capabilities. Fosun has a diversified business portfolio, globalized 
asset allocation, and has always maintained good relationship with financial 
institutions, resulted in its stable business operations and abundant capital.  
While continuing to develop the four business segments of Health, Happiness, 
Wealth, and Intelligent Manufacturing, Fosun remains true to its original 
aspiration and actively fulfills its corporate responsibility. Since the 
COVID-19 outbreak, Fosun has contributed to the prevention of the pandemic and 
promoted the resumption of work and production in an orderly manner. HSBC has 
always been an important long-term strategic partner of Fosun. In the future, 
Fosun will continue to work with HSBC to continuously deepen our globalization 
strategy, strengthen our investment and development in continuous innovation, 
actively fulfill corporate social responsibility to make greater contributions 
to national economic and social development."

Wang Yunfeng, President and Chief Executive Officer of HSBC China, said, "As a 
leading private enterprise in China, Fosun has been actively innovating in many 
fields and promoting globalization over the years, and has played an important 
role in the prevention of the COVID-19 pandemic and the resumption of work and 
production. Leveraging our global network advantage and local service 
capability, HSBC is committed to providing financial support to private 
enterprises with global vision like Fosun, and contributing to the growth and 
transformation of China's economy. Through this renewal of the strategic 
cooperation agreement, HSBC will further strengthen its cooperation with Fosun 
to promote the win-win situation of both parties in more fields, providing 
support for the sustainable and high-quality development of private 
enterprises. "

HSBC is an internationally renowned financial institution. Through this 
Agreement, Fosun International and HSBC China are committed to strengthening 
the cooperation between the two parties. On the basis of strategic fit, 
complementary advantages, and mutual support, the two parties will carry out 
comprehensive cooperation in the future.

About Fosun

Founded in 1992, Fosun is a global innovation-driven consumer group dedicated 
to providing high-quality products and services for families around the world 
in Health, Happiness, Wealth, and Intelligent Manufacturing segments. In 2007, 
Fosun International Limited was listed on the main board of the Hong Kong Stock 
Exchange (stock code: 00656.HK). In 2021, Fosun International's total revenue 
was RMB161.3 billion and total assets amounted to RMB806.4 billion. Fosun 
International ranks No.589 on the 2022 Forbes Global 2000 List, with a MSCI ESG 
rating of AA.

Source: Fosun