Fosun International Issues a Letter to Shareholders
HONG KONG, March 31, 2021 /PRNewswire/ -- Fosun International (00656) today released a letter to shareholders, the full text of which is provided below. Dear distinguished shareholders, In 2020, the raging pandemic of novel coronavirus pneumonia ("COVID-19") imposed tremendous challenge to...
Fosun International Announces 2020 Annual Results: Total Revenue Amounted to RMB136.6 Billion, Gathering Strength to Fuel Growth
2020 Annual Results Summary and Recent Highlights: * Total revenue amounted to RMB136.6 billion. Net profit attributable to owners of the parent wasRMB8.02 billion. Industrial operating profit reached RMB8.15 billion. * Global collaboration has been conducted to develop COVID-19 mRNA va...
Fosun International US dollar bond successfully priced
HONG KONG, Oct. 16, 2020 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International", "Fosun" or "the Company") successfully pricedUS$400 million 5-year senior unsecured notes with coupon rate of 5.95% at par on 12 October; concurrently, the Company announced a ten...
Fosun acquires 100% of Tom Tailor GmbH, aiming to rejuvenate the brand
* Fosun acquires Tom Tailor GmbH as a strategic investor with a long-term focus and experience in the industry, taking over 100% of shares in Tom Tailor GmbH * Tom Tailor GmbH and its 3,400 employees can now build on the successful performance seen prior to the COVID-19 outbreak * Based on t...
Fosun International's HSI ESG rating upgraded, Selected as constituent of Hang Seng Corporate Sustainability Benchmark Index
HONG KONG, Sept. 7, 2020 /PRNewswire/ -- On 7 September 2020, the changes in the composition of the Hang Seng Corporate Sustainability Benchmark Index come into effect and Fosun International has been selected as constituent of the benchmark index for the first time. The benchmark index comprises...
Fosun International improves MSCI ESG rating to grade A
HONG KONG, Sept. 1, 2020 /PRNewswire/ -- On 31 August 2020, the world's largest index company MSCI announced the results of Fosun International's 2020 ESG (Environmental, Social and Governance) rating. In recognition of its outstanding performance in its ESG strategy, corporate governance, inform...
Fosun International Announces 2020 Interim Results
HONG KONG and SHANGHAI, Aug. 27, 2020 /PRNewswire/ -- 2020 Interim Results Highlights: * Total revenue amounted to RMB63.27 billion. Profit attributable to owners of the parent reachedRMB2.01 billion. * Financial position remains healthy with abundant cash reserves. Total debt to total capi...
515 Fosun Family Day "Festival" - Fosun Focuses on Family Consumption, Launching Fosun Health Maintenance Organization "FHMO" Products Series
* "Fosun Health +" platform was officially launched. During the trial operations, more than 50,000 doctors provided online medical consultation; Fosun Health Maintenance Organization ("FHMO") products series was released at the launch, and 10,000 doctors provided free online medical consultatio...
Fosun International Announces 2019 Annual Results
HONG KONG, March 31, 2020 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, together with its subsidiaries "Fosun" or the "Group") today announced its financial results for the year ended31 December 2019 (the "Reporting Period"). FINANCIAL SUMMARY: * Total revenue increase...
Fosun Chartered Flight to Portugal, Over One Million pieces of Masks and Detection Kits arrive Lisbon
HONG KONG, March 31, 2020 /PRNewswire/ -- March 30, 4:30pm Beijing time (9:30am, Lisbon time, on March 30, 2020) - A chartered flight carrying over one million pieces of medical supplies weighing over 120,000 tons from Shanghai landed at Lisbon Airport. This batch of supplies includes 50,000 medic...
Fosun's Protechting 4.0 Reached a Record of 400 Applications from 53 Countries
LISBON, Portugal, Nov. 22, 2019 /PRNewswire/ -- Protechting, Fosun and Fidelidade's innovation program, in partnership with Luz Learning Health Hospital and the German private bank Hauck & Aufhäuser, have selected the 12 finalist startups, which will be part of the acceleration phase of the progr...
Fosun International and Citi Sign Strategic Cooperation Agreement
SHANGHAI, Nov. 4, 2019 /PRNewswire/ -- Fosun International Limited ("Fosun International") (00656:HK) announced today that it has signed a strategic cooperation agreement ("the Agreement") with Citi. The two parties are committed to jointly supporting the future development strategy of Fosun Int...
Fosun International Announces 2019 Interim Financial Results
Profit Reaches RMB 7.61 Billion with Best Ever Interim Results HONG KONG and SHANGHAI, Aug. 27, 2019 /PRNewswire/ -- 1H2019 FINANCIAL HIGHLIGHTS: * Revenue increases 57% to new record of RMB 68.48 billion * Profit attributable to owners of the parent returns to double digit growth and r...
Fosun International Included as Constituent Stock of Hang Seng China Enterprises Index
HONG KONG, Aug. 19, 2019 /PRNewswire/ -- On 16 August 2019, Hang Seng Indexes Company Limited announced the results of its review of the Hang Seng Family of Indexes for the quarter ended28 June 2019. Fosun International Limited (00656.HK) ("Fosun" or "Fosun International"), together with other fo...
Fosun Launches Fourth Edition of Its Acceleration Program "Protechting"
Fostering an Innovation Culture New edition of the program is more international and with an alignment in the themes of sustainable development with social, economic and environmental impact, focusing on three strategic synergies: Healthtech, Insurtech and Fintech. The Portuguese health care gro...
Fosun Acquires Majority Interest in TENAX Capital Limited
LONDON, July 2, 2019 /PRNewswire/ -- Fosun International Limited (SEHK stock code: 00656) ("Fosun International"), one of the world's leading family-focused multinational companies, announced today the acquisition of a majority shareholder interest in TENAX CAPITAL Limited ("TENAX"), a boutique a...
Fosun Completes the Acquisition of Automation Solutions Provider FFT Group
HONG KONG, May 30, 2019 /PRNewswire/ -- Fosun International Limited (SEHK stock code: 00656) ("Fosun International"), one of the world's leading family-focused multinational companies, announced today the completion of the acquisition of FFT GmbH & Co. KGaA ("FFT"), the global leading provide...
S&P Revised Outlook on Fosun International to "Positive"
HONG KONG, May 29, 2019 /PRNewswire/ -- S&P Global Ratings ("S&P") announces it has revised the outlook on Fosun International Limited ("Fosun", HKEx: 00656) to positive from stable, "BB" rating affirmed. S&P expects the liquidity and diversity of Fosun's assets to continue to improve, given Fo...
Fosun Launches the "Global Family Plan"
* Fosun jointly establishes the Global Family Plan with over 20 global enterprises * Alliance members will promote happier lives for global families by sharing resources and products, joint-building channels and launching crossover products HONG KONG, May 15, 2019 /PRNewswire/ -- Fosun joins h...
Fosun International Announces 2018 Annual Results
2018 FINANCIAL HIGHLIGHTS: * Revenue increases 24% and exceeds RMB 100 billion for the first time; * Net profit increases for the 7th consecutive year to a new record of RMB 13.4 billion; * The board increases dividend by 6% to HK$0.37 per share, 20% payout ratio. HONG KONG, March 26, 2019...
