Exhibit 99.1 Fanhua Reports First Quarter 2023 Unaudited Financial Results -- Operating Income for the First Quarter of 2023 up 193.1% YoY, Beating Prior Guidance-- GUANGZHOU, China, May 30, 2023, Eastern Daylight Time, (GLOBE NEWSWIRE) Fanhua Inc. (Nasdaq: FANH) (the "Company" or "Fanhua"), a leading independent financial services provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2023. Financial Highlights for the First Quarter of 2023: 2022Q1 2023Q1 2 ...