Fanhua Inc. announced the appointment of Mr. Ben Lin as the Company’s Co-Chairman of the board of directors (the “Board”) and Chief Strategy Officer. Mr. Lin is a trained actuary with over 18 years of experience in the financial services industry. He has consistently demonstrated exceptional leadership skills and a proven track record of success.

Mr. Lin will play a crucial role in setting Fanhua’s strategic direction, driving the Company’s overseas expansion, and facilitating its success in capital markets. Prior to joining Fanhua, Mr. Lin held prominent positions in several renowned organizations throughout his career and possesses extensive knowledge of the global insurance industry. He worked at Capital Group as an investment analyst covering Asia insurance and industrials from 2016 to 2023.

Prior to that, he served as a managing director at Morgan Stanley, where he was responsible for overseeing the China Internet and Asia Insurance industries. Mr. Lin graduated from Macquarie University, Sydney with a Master of Commerce degree and a Bachelor of Commerce degree majoring in Actuary Studies. His deep understanding of the industry and emerging trends will be invaluable to Fanhua as the Company continues to evolve and is committed to fulfilling its strategic vision of becoming a prominent independent financial advisory company in Asia.

Mr. Lin will work closely with Mr. Yinan Hu, the Company’s Co-Chairman of the Board and Chief Executive Officer. Together, they will lead the Board in setting strategic priorities, overseeing corporate governance, and ensuring the Company’s long-term success.