Fanhua Inc. (NASDAQ:FANH) Q3 2023 Results Conference Call November 20, 2023 8:00 PM ET

Company Participants

Oasis Qiu - Investor Relations Manager

Yinan Hu - Co-Chairman and Chief Executive Officer

Ben Lin - Co-Chairman and Chief Strategy Officer

Conference Call Participants

Yuyu Zhang - CICC

Operator

Thank you for standing by for Fanhua's Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. All lines have been placed on mute to prevent background noise. After the management prepared remarks, there will be a question-and-answer session. Please follow the instructions given at that time if you would like to ask a question.

For your information, this conference call is now being broadcasted live over the Internet. Webcast replay will be available within three hours after the conference is finished. Please visit Fanhua's IR website at ir.fanhgroup.com under Events and Webcast section. Today's conference is being recorded. If you have any objections, you may disconnect at this time.

I'd now like to turn the meeting over to your host for today's conference, Ms. Oasis Qiu, Fanhua's Investor Relations Manager.

Oasis Qiu

Thank you. Good morning and good evening, everyone. Welcome to Fanhua's third quarter 2023 earnings call. A replay will also be available on our website after today's call.

During this call, we will be discussing some non-GAAP financial measures and a reconciliation of the differences between the GAAP and non-GAAP financial measures are available in our earnings release. And finally, please note that the discussion today will contain forward-looking statements made under safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.

These statements are made based on management's current expectations and beliefs concerning future events may impact the Company and therefore, may be impacted by a number of business risks and uncertainties that could cause our actual results to differ materially from those projected or stated. Such risks and uncertainties include, but not limited to those outlined in our filings with the SEC, including our registration statement on Form 20-F. We do not undertake any obligation to update its forward-looking information, except as required under applicable law.

Joining us today are our Co-Chairman and Chief Executive Officer, Mr. Yinan Hu; Co-Chairman and Chief Strategy Officer, Mr. Ben Lin. Mr. Hu will start the call by sharing his view on recent market trends and our strategy proposition, followed by Mr. Ben Lin, who will provide a review of financial and operational highlights and discuss our business outlook going forward. There will be a Q&A session after the prepared remarks. And please note that you can find our presentation material relevant to this call from our official website.