Fanhua Announces Completion of Share Option Cash Exercises by Key Employees
FANHFanhua(FANH) Newsfilter·2024-07-23 20:43

GUANGZHOU, China, July 23, 2024 (GLOBE NEWSWIRE) -- Fanhua Inc. (NASDAQ:FANH) (the "Company" or "Fanhua"), a leading independent technology-driven financial services provider in China, today announced that all share options previously granted to its key employees by the Board of Directors (the "Board") have recently been fully exercised through cash payment at an exercise price of US$1.92 per American Depository Share ("ADS"), representing a premium of approximately 21.4% from the Company's closing price on ...