Fosun Group (October 2015)

44th Floor, 28 Liberty (formerly

One Chase Manhattan Plaza),

New York, NY, 10005, USA

Tel: +1 646 490 9830 of “insurance-oriented comprehensive financial capability” &“global industrial integration capability taking roots in China”

BECOMING A WORLD-CLASS INVESTMENT GROUP UNDERPINNED BY THE TWIN DRIVERS

Fosun Business Building,

No.2 East Fuxing Road,

Shanghai, China

Tel: +86 21 2315 6666

Fax: +86 21 6130 3288

Post Code: 200010

31st Floor, No. 237

North Chaoyang Road, Chaoyang District

Beijing, China

Tel: +86 10 5915 2299

Fax: +86 10 5915 2174

Post Code: 100020

Room 808, ICBC Tower,

3 Garden Road,

Central, Hong Kong

Tel: +852 2509 3228

Fax: +852 2509 9028

02Fosun’s Overview

10Fosun’s Vision

20Fosun’s Business Overview

28Opportunities & Strategies

32Fosun’s Team

36Fosun’s Pursuit

CONTENTS

FOSUN’S OVERVIEW

ABOUT FOSUN

Fosun has been persistently taking roots in China and actively implementing its investment

model of “Combining China’s Growth Momentum with Global Resources” , making a major

stride towards becoming a world-class investment group underpinned by the twin drivers of

“insurance-oriented comprehensive financial capability” and “global industrial integration

capability taking roots in China”.

Fosun was founded in 1992 in Shanghai. Fosun International (00656.HK) was listed on

the Main Board of the Hong Kong Stock Exchange on July 16, 2007.

Fosun has been persistently taking roots in China and investing in China’s growth

fundamentals. It has been actively implementing its investment model of “Combining

China’s Growth Momentum with Global Resources” . Fosun is dedicated to making a

major stride towards becoming a world-class investment group underpinned by the

twin drivers of “insurance-oriented comprehensive financial capability” and “global

industrial integration capability taking roots in China” . Today, Fosun’s businesses

include two major segments, integrated finance and industrial operations.

In practice, Fosun unremittingly builds up its capabilities in identifying and capturing

investment opportunities in China, improving the management and enhancing value of

the investees, and establishing a multi-channel financing system to access quality

capital. With a value chain based on these three core competencies and a group of

entrepreneurs endorsing Fosun’s corporate culture, a solid foundation has been laid

for the continuous rapid growth of Fosun.

While pursuing economic development, Fosun also shares the fruitful results of

development with its staff, partners and the community, taking the initiative to

contribute to the society in return. Meanwhile, Fosun also actively contributes its

efforts to improve the business and natural environments of China so as to support

the rejuvenation of the Chinese economy and culture.

02/03

Fosun was founded in 1992 . Since its establishment , Fosun has always been adhering to its cultural values of “Self-improvement,

Teamwork, Performance, and Contribution to Society” , with its motto of “Together , We Make a Difference” . Fosun achieved rapid

development by capitalizing on the high-growth sectors that benefit from China’ s economic development and investing in the

fast-growing industries in different stages.

In the course of pursuing commercial value, Fosun also actively contributes its efforts to improve the business and natural

environments of China so as to support the rejuvenation of the Chinese economy and culture, making efforts to become a

responsible corporate citizen while committing itself to undertaking social responsibilities.

MILESTONES

Vision: Becoming a world-class investment group underpinned by the twin drivers of “insurance-oriented comprehensive financial capability” and “global industrial integration capability taking roots in China”

Notes: The above-mentioned companies / projects include investments made by Fosun, its subsidiaries and funds under its management. * Currently under approval by regulatory authorities. # In 2014, Fosun and a fund under its management invested in BHF Kleinwort Benson Group SA. As at June 30 , 2015, Fosun and a fund under its management held an aggregate of 19.49% equity interest in BHF Kleinwort Benson Group SA. In 2015, Fosun and its subsidiaries and a fund under its management have initiated a tender offer towards BHF Kleinwort Benson Group SA. Currently, the project is under approval by regulatory authorities. + In the first half of 2015, Fosun completed the acquisition of 20% equity interest of Ironshore. In May 2015, Fosun announced its plan to acquire the remaining 80% equity interest of Ironshore and the transaction is under approval by regulatory authorities as at the latest practicable date prior to the printing of this brochure for ascertaining certain information herein.

2013

2014

2015

Fidelidade,

Secret Recipe, REN,

Osborne, Studio 8,

Tom Tailor, ROC Oil,

IDERA, Luz Saúde,

BHF Kleinwort Benson Group SA #,

Hainan Mining IPO

St. John, Alma Lasers,

Saladax, Caruso,

Atlantis Resort, Sanya,

28 Liberty in New York,

Lloyds Chambers in London

Ironshore +, MIG,

Thomas Cook,

Club Med, Cirque du Soleil,

Hauck & Aufhäuser Privatbankiers (H&A) *,

Silver Cross, RPIM,

Phoenix Holdings *,

Zhejiang Internet Commerce Banking

Co., Ltd. commenced operation

2008

2010

2011

2012

Focus Media

Club Med

Folli Follie

Pramerica Fosun Life Insurance,

Peak Reinsurance

Fudan University graduates

founded Fosun with an initial

investment of USD4,000

1994

1998

2002

2003

2004

2007

Founded Fosun Pharma and Forte

Fosun Pharma listed in

China’s A-share market

Yuyuan

Nanjing Iron & Steel

Zhaojin Mining

Yong’an P&C Insurance,

Hainan Mining

1992

04/05

Executive Director and Chairman of Fosun International. Mr. Guo is one of the founders of the Group. Mr. Guo has been Chairman of Fosun High Tech since its establishment in November 1994. Mr. Guo is also Chairman of Fosun Insurance Portugal, Vice Chairman of Nanjing Nangang, a Director of Forte,

Guo GuangchangPeak Reinsurance and Club Méditerranée SA and a Non-executive Director of Fosun Pharma (HKEx stock code: 02196 and SSE stock code: 600196) and China Minsheng Banking Corp., Ltd. (HKEx stock code: 01988 and SSE stock code: 600016). Mr. Guo is also a Member of the 12th National Committee of the Chinese People’s Political Consultative Conference, a Member of the 11th Standing Committee of All-China Federation of Industry & Commerce and All-China Youth Federation, Vice Chairman of The Zhejiang Chamber of Commerce, Chairman of The Zhejiang Chamber of Commerce in Shanghai, etc. Mr. Guo was a Deputy to the 10th and 11th National People’s Congress of the PRC and a Member of the 9th National Committee of the Chinese People’s Political Consultative Conference. Mr. Guo was awarded among others, the nationwide “Outstanding Entrepreneur in Private Sector on Staff Caring” , “Industry & Commerce Category Winner” of “Ernst & Young Entrepreneur of the Year” , the Awardee for Directors of the Year Awards 2010 (Non Hang Seng Index Constituents) issued by The Hong Kong Institute of Directors, “Outstanding Zhejiang Entrepreneur Award” at “The First World Zhejiang Entrepreneurs Convention” , and named in the Bloomberg Markets “50 Most Influential List 2014 - Corporate Power Broker” and a famous American business magazine Fast Company (Chinese edition) “China 100 Most Creative People in Business 2014”. Mr. Guo received a bachelor’s degree in philosophy in 1989 and a master’ s degree in business administration in 1999, both from Fudan University.

Executive Director, Vice Chairman and Chief Execut ive Officer of Fosun International. Mr. Liang is

Liang Xinjunone of the founders of the Group. Mr. Liang has been Vice Chairman of Fosun High Tech since its establishment in November 1994. Mr. Liang is also a Non-executive Director and Vice Chairman of Zhaojin Mining (HKEx stock code: 01818). Mr. Liang was a Director of Yuyuan (SSE stock code: 600655) and an Independent Director of Shanghai Oriental Pearl (Group) Co., Ltd. (SSE stock code: 600832). Mr. Liang is a Member of the 12th Shanghai Committee of the Chinese People ’s Political Consultative Conference, Executive Council Chairman of Shanghai League of TMT Industry Service, Vice Chairman of the China Young Entrepreneurs Association, Executive Vice Council Chairman of China Science and Technology Private Entrepreneurs Association, Chairman of the Taizhou Chamber of Commerce in Shanghai, Chairman of the Shanghai Fudan University Alumni Association, Executive Vice Council Chairman of Cheung Kong Graduate School of Business Alumni Association and a Member of China Industrial and Commerce Council and Management Committee of Asia-Pacific Economic Cooperation (APEC), etc. Mr. Liang was awarded, among others, “Chinese Business Leader of the Year” at the 7th Horasis Global China Business Meet ing in Spain in 2011, “Bauhinia Cup Outstanding Entrepreneur Award” of The Hong Kong Polytechnic University in February 2012, “Top Ten China Private Equity Investor” in 2011, 2012 and 2014 by Zero2IPO Group, “Top Ten Financial Industry Leaders in Shanghai” issued by Shanghai F inance Serv ices Office in 2012, “Outstanding Zhejiang Entrepreneurs Award” by the 2nd World Zhejiang Entrepreneurs Convention, the Awardee for “Directors of the Year Awards 2013 (Non Hang Seng Index Constituents)” issued by The Hong Kong Institute of Directors, “2013 Chinese Business Leaders” issued by Grand Ceremony for Chinese Business Leaders Annual Award 2013, “Asia’s Best CEO” at the Asian Excellence Recognition Awards 2014 issued by Corporate Governance Asia and “2014 Achievement Awards — Capital Markets Person of the Year” issued by FinanceAsia. Mr. Liang received a bachelor’s degree in genetic engineering in 1991 from Fudan University, a master’s degree in business administration in 2007 from Cheung Kong Graduate School of Business and a Doctor ’ s degree in Business Administration from Arizona State University in 2015.

Executive Director and President of Fosun International. Mr. Wang is one of the founders of the

Wang QunbinGroup. Mr. Wang has been a Director of Fosun High Tech since its establishment in November 1994. Mr. Wang is also a Director of Nanjing Nangang, Fosun Insurance Portugal, Henan Lingrui Pharmaceutical Co., Ltd. (SSE stock code: 600285), Yuyuan, Forte and Ironshore Inc., Chairman of Peak Reinsurance, a Non-executive Director of Roc Oil Company Limited, Sinopharm (HKEx stock code: 01099) and Fosun Pharma. Prior to joining Fosun High Tech, Mr. Wang was a lecturer at the Genetic Research Institute of Fudan University. Mr. Wang holds various positions including Honorary Chairman of the Shanghai Bio Pharmaceutics Industry Association, Chairman of The Huzhou Chamber of Commerce in Shanghai and Vice Chairman of China Chamber of International Commerce. Mr. Wang was awarded “Asia Pacific Outstanding Entrepreneur Awards” by Enterprise Asia and was named “Best Asian Corporate Director” at the Best of Asia 2014 by Corporate Governance Asia in 2014. In addition, Mr. Wang was named one of “The Best-Performing CEOs in the World” by Harvard Business Review, “Young Global Leader Honoree 2009” of World Economic Forum, Chinese Pharmaceutical “60 Years, 60 People” and “Outstanding Technical Experts Allowance by State Council” . Mr. Wang received a bachelor’ s degree in genetic engineering from Fudan University in 1991.

Executive Director and Vice President of Fosun International. Mr. Chen is also an Executive Director and Chairman of

Chen QiyuFosun Pharma, a Non-executive Director and Vice Chairman of Sinopharm and a Director of Zhejiang D.A. Diagnostic Company Limited (SZE GEM Board stock code: 300244). Mr. Chen was a Non-executive Director of Forte. Mr. Chen joined Fosun Pharma in April 1994 and was appointed Director in May 2005. Prior to joining the Group, Mr. Chen worked in Shanghai RAAS Blood Product Corporation, now known as Shanghai RAAS Blood Product Company Limited (SZE GEM Board stock code: 002252). Mr. Chen is Chairman of China Medical Pharmaceutical Material Association, a Vice President of China Pharmaceutical Industry Research and Development Association, a Vice Council Chairman of China Medicinal Biotechnology Association, a Vice President of China Pharmaceutical Industry Association, Chairman of Shanghai Biopharmaceutical Industry Association and a Council Member of Shanghai Society of Genetics. Mr. Chen received a bachelor’s degree in genetics from Fudan University in July 1993 and an EMBA degree from China Europe International Business School in September 2005.

Executive Director and Senior Vice President of Fosun International *. Mr. Ding is also a Director of Fosun High

Ding GuoqiTech and Forte. Mr. Ding was a Director of Shanghai Ganglian E-Commerce Holdings Co., Ltd. (SZE stock code: 300226) and Fosun Insurance Portugal. Mr. Ding has been responsible for the financial management of the Company and possesses extensive experience in the capital market and fund management fields. Mr. Ding was named “Asia’ s Best CFO” at the Asian Excellence Award 2015 by Corporate Governance Asia. Prior to joining Fosun in 1995, Mr. Ding worked in the accounting department of Shanghai Jinshan Petrochemical Construction Company. Mr. Ding received a bachelor’s degree in accounting from Shanghai University of Finance and Economics in 1991.

Executive Director and Senior Vice President of Fosun International. Since joining the Group in 1995,

Qin XuetangMr. Qin has been in charge of the legal affairs of the Company, possessing in-depth knowledge in the area of mergers and acquisitions, as well as in corporate governance affairs of A-share listed companies. In addition, Mr. Qin oversees all matters related to the Company’s audit, compliance, risk control and information disclosure. Mr. Qin received a bachelor degree in law in 1985 from the Southwest University of Political Science and Law and was admitted to practice law in the PRC in 1990. Prior to joining Fosun High Tech, Mr. Qin worked in the Law School of Fudan University.

Execut ive D i rec tor and Vice President of Fosun International. Mr. Xu is also Chairman of Yuyuan,

Xu Xiaolianga Non-executive Director of Zhaojin Mining and Shanghai Zendai Property Limited (HKEx stock code: 00755). Mr. Xu joined the Group in April 1998. Mr. Xu was a Senior Assistant to President of Fosun High Tech, Assistant General Manager of Forte and Chairman of Shanghai Resource Property Consultancy Co., Ltd. Mr. Xu is a Member of Shanghai Youth Federation and Vice Chairman of China Real Estate Chamber of Commerce. Mr. Xu was successively awarded the “Shanghai 4 May Youth Medal” and “Shanghai Top Ten Youth Business People” . Mr. Xu graduated from the Innova Education School of Singapore with a diploma in July 1995 and received a master ’ s degree in business administration from the East China Normal University in January 2002.

SEASONEDLEADERSHIP TEAM

Guo Guangchang

Liang XinjunWang Qunbin

Ding GuoqiQin Xuetang Chen QiyuXu Xiaoliang

06/07

* Mr. Ding Guoqi has ceased to be Chief Financial Officer of Fosun International since November 3, 2015.

Since its establishment, Fosun has been growing at a rapid pace to become an investment group with total assets exceeding

RMB353.5 billion, from an entrepreneurial start-up founded by university students with an initial capital of RMB38,000 in 1992.

In 2014, Fosun’s revenue amounted to RMB61.738 billion and profit attributable to owners of the parent increased 24.2%

year-on-year to RMB6.854 billion.

In 1H 2015, Fosun’s revenue amounted to RMB29.739 billion and profit attributable to owners of the parent increased 97.2%

year-on-year to RMB3.617 billion.

As at June 30, 2015, Fosun International’ s market capitalization was HKD141.01 billion / RMB111.20 billion.

FAST GROWING FOSUN 1H 2015 FINANCIAL OVERVIEW

RMB billion

10.5-year CAGR of BV = 43.2%BV 10.5-year CAGR of Adjusted BV = 27.8%Adjusted BV（Note）

Note: Adjusted BV = Attributable market value of listed investments in the Group + net assets attributable to owners of unlisted subsidiaries and associates in the Group + costs of other investments in the Group – net debt in the Group.

Notes: 1. Adjusted BV = Attributable market value of listed investments in the Group + net assets attributable to owners of unlisted subsidiaries and associates in the Group + costs of other investments in the Group - net debt in the Group. 2.PE, PB and dividend yield are calculated based on closing price as at the end of reporting period.

RMB million

Revenue

Gross profit

Net profit attributable toowners of the parent

Other income and gains

29,739

7,864

9,059

3,617

24,796

5,772

2,914

1,834

+ 19.93%

+ 36.24%

+ 210.88%

+ 97.22%

June 30, 2015 June 30, 2014 YOY Change

RMB (yuan)

Share price

Basic earnings per share

Diluted earnings per share

8.14 (HKD10.3)

8.27

0.28

0.28

11.54

1.28

1.46%

14.38 (HKD18.24)

15.6

0.51

0.50

14.10

1.76

0.93%

June 30, 2015 June 30, 2014

PE(2)

PB(2)

Dividend yield(2)

Adjusted BV(1) per share0

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 1H2015

20

40

60

80

100

120

140

RMB billion

Book value (BV)

Adjusted book value (Adjusted BV)

49.41 + 28.13%63.31

120.70 89.22 + 35.28%

June 30, 2015 December 31, 2014 YOY Change

08/09

FOSUN’S VISIONFosun is making a major stride towards becoming a world-class investment group

underpinned by the twin drivers of “insurance-oriented comprehensive financial

capability” and “global industrial integration capability taking roots in China”.

10/11

“INSURANCE + INVESTMENT”MODEL ACHIEVED UNPARALLELED SUCCESS

Insurance

StableCapital

LowCost

Capital

LongTerm

Capital

Investment

China’s GrowthMomentum

+ Global

Resources

Ecosystem

IndustryIntegration

Notes: 1. In 1H2015, Fosun’ s insurance business included subsidiaries of Fosun Insurance Portugal and Peak Re, JV Pramerica Fosun Life Insurance and associated companies Yong’an P&C Insurance and Ironshore. Fosun and MIG entered into Merger Agreement on December 30, 2014 and the transaction was completed on July 8, 2015. Fosun and Ironshore signed Merger Agreement on May 1, 2015, to acquire the remaining 80% equity interest; Fosun and Phoenix Holdings entered into Share Purchase Agreement on June 21, 2015. These two transactions are pending for completion. 2.“1H2015 Simulation 1” = Simulation of consolidating MIG’ s account; “1H2015 Simulation 2” = Simulation of consolidating the accounts of MIG, remaining 80% equity interest of Ironshore and 52.31% equity interest of Phoenix Holdings.

RMB million

1H2015（simulation 1）1H201520142013 1H2015（simulation 2）

- -

50,000

100,000

150,000

200,000

250,000

300,000

500

1,000

1,500

2,000

3,000

2,500

A high-speed spin on Fosun’ s insurance business(Notes)

Further diversified currencies breakdowns for investable assets in 1H2015

USD RMBEUR GBP JPYHKD Other

45.2% 34.8% 10.1% 1.4%1.4%1.6%5.5%

Attributable investable assets Investable assets

240,697

13,3925,481

174,652142,745

94,46679,809 106,785

152,409

104,130

524

1,789 1,872

2,391

1,149

In the first half of 2015, Fosun’ s insurance business continued to expand rapidly. Insurance investable assets reached a record high of RMB142.745 billion, up

significantly by RMB35.960 billion when compared with that of the end of 2014. Profit attributable to owners of the parent generated from the insurance business

reached another record high at RMB1.789 billion, RMB641 million more than that for the whole year of 2014. Meanwhile, Fosun has completed its acquisition of

100% equity interest of the US insurer MIG which has rich experiences in labor insurance in July 2015 and 20% equity interest of the US specialty insurance

company Ironshore in the first half of 2015, while announcing its plan to acquire the remaining 80% equity interest of Ironshore. In addition, Fosun announced

during the first half of 2015 its plan to acquire 52.31% equity interest of Israeli insurer and financial services company Phoenix Holdings. On a proforma basis

after consolidating these projects, the scale of Fosun’s insurance investable assets would have reached to RMB240.697 billion. Accordingly, the proportion of

Fosun’s aggregated insurance assets to the Group’s aggregated total assets will increase from 34.81% as at December 31, 2014 to 44.8% as at June 30, 2015.

Fosun has thereby brought its strategy of “Insurance-oriented Comprehensive Financial Capability” to a significantly higher level and its insurance business has

become the Group’s critical growth driver.

Fosun maintained its phenomenal growth in net profit from the insurance business significantly, while achieved diversification in currency mix for its investable assets.

Currently, the largest portion of Fosun’s investable assets is denominated in euro, at 45.2% of the total, followed by US dollars which accounts for 34.8%, and RMB

at 10.1%, Hong Kong dollars at 5.5%, Pound-sterling at 1.6% and Japanese yen at 1.4% accordingly. The allocation into diversified currencies gives Fosun better

resistance against the impact from foreign exchange volatility, a move which is increasingly crucial in light of the prevalent exceptional foreign exchange volatility.

Drawing expertise from the Group’ s investment capabilities and knowledge, Fosun has enhanced its insurance business return significantly in strict compliance

with the relevant laws and regulations of its invested insurers. Fosun’s insurance business saw total investment returns reached 4.0% for the first half of 2015, up

from 2.7% for the corresponding period in 2014. ROE (before non-controlling interests) of insurance business was 12.8% for the first half of 2015.

Equity attributable to owners of the parent

12/13

(Note 2)(Note 2)

(Note 2)

(Note 2)

(Note 2)

(Note 2)

ORCHESTRATED HIGH-SPEED GROWTH INHEALTH AND HAPPY LIFESTYLE BUSINESSESSince the beginning of 2015, Fosun has formed its health and happy lifestyle strategy. Fosun and the funds under its management echoed

with and promptly launched investment plans in the global ecosystem with a focus on these two segments (i.e. health and happy lifestyle

businesses). As at June 30, 2015, the total assets from the health and happy lifestyle businesses surpassed the RMB60 billion level to a

record high at RMB60.119 billion, up 69.6% year-on-year, contributing to 17.0% to the Group total assets. Net assets reached to RMB28.205

billion, up 31.0% year-on-year, contributing to 29.9% to the Group total net assets. The attributable net profit generated from the health and

happy lifestyle businesses reached RMB788 million, up 36.1% year-on-year.

Fosun’ s well-sought-after stable growth for the health and happy lifestyle businesses stemmed from its highly intuitive insights in planning

proactively ahead of schedule a global health and happy lifestyle ecosystem. In the first half of 2015, Fosun completed the consolidation of

accounts of the global premium tourism chain Club Med and the Portuguese high-end medical services group Luz Saúde to the Group

statements, further expanded its foothold in the health and happy lifestyle businesses. In addition, in the first half of 2015, Fosun and the

funds under its management invested in the UK leisure tourism group Thomas Cook, and the quintessence of Canada - Cirque du Soleil, and

the UK high-end nursery brand Silver Cross, etc. Fosun Pharma, a subsidiary of Fosun, also completed an investment in the US innovative

biopharmaceutical company Ambrx, which will generate substantial synergies with the current R&D system and platform of Fosun Pharma.

Currently, Fosun has decided to adopt CIPC as its new model for investment, which is targeting at clients of middle-class families and high

net worth individuals (Clients). Fosun focuses on their demand for health and happy lifestyles to invest in two industrial ecosystems in the

world (Investments). Meanwhile, Fosun made fresh and venture-capital investments, endeavors to enhance the health and happy lifestyle

businesses: assets-end product as experiencing services and liability-end product as finance services (Products); to provide products that

astonish customers and create greater value for clients, thereby encouraging them to maintain frequent transactions (Clients).

Total Assets Net Assets

60,119

An increase of 69.6% An increase of 31.0% An increase of 33.0%

35,445

28,205

21,536

Income

7,320

5,502

An increase of 36.1%

Profit Attributable toOwners of the Parent

788

579

Health and happy lifestyle businesses grew rapidly

Global integration

RMB million1H2014 1H2015

MARCH APRIL MAY JUNE JULY

.

(Note 2)

Health Nutrition

Medical Devices & Diagnostics

Health Finance

Healthy Environment

Pharmaceutical R & D

Pharmaceutical Distribution Senior Care

Tourism

Entertainment

Fashion

Sport & Game

Medical Services

Healthcare Services

Happy Lifestyle(Note1)

Health

Notes: 1. The Happy Lifestyle business stated in above chart is an operation concept by the Group Management. 2. Thomas Cook established a JV in China in which Fosun holds 51% of its equity interest. Fidelidade holds 98.4% of Luz Saúde. Already received 80% acceptance from the shareholders for the H&A tender offer which the transaction is currently under approval by regulatory authorities. Fosun holds 100% equity interest in MIG, the transaction of this project has already been completed in July 2015. Fosun has initiated a tender offer towards BHF Kleinwort Benson Group SA, Fosun will acquire more than 50% of its equity interest upon completion of the project and the project is currently under approval by regulatory authorities. Fosun’ s acquisition of 52.31% equity interest of Phoenix Holdings is currently under approval by regulatory authorities. In the first half of 2015, Fosun completed the acquisition of 20% equity interest of Ironshore. In May 2015, Fosun announced its plan to acquire the remaining 80% equity interest of Ironshore and the transaction is under approval by regulatory authorities as at the latest practicable date prior to the printing of this brochure for ascertaining certain information herein. 3. The above-mentioned projects include investments made by Fosun, its subsidiaries and funds under its management.

Ningbo CCRC SeniorLiving Community

（宁波 CCRC 养老社区）

Forte HealthcareLiving Centre

（复地社区健康中心）

Endeavored to enhancing the Group and insurance platforms’ ratings and performance

ROE rose significantly

Encouraged the Group’ s industrial subsidiaries to maintain stable and high dividend payouts

Group’s net gearing ratio continue to drop

Equity increased

• Integration of global industrial ecosystem• Taking controlling stakes in companies through M&A

• Fixed income• Equity interest • Properties• Cash

For the six months ended June 30, 2015, Fosun International equity increased by 838 million shares to 7.731 billion

shares, in which of 499 million new issued shares and 339 million convertible bond shares. So far in 2015, completed 4

IPO, including 2 backdoor or merger listings.

In 1H2015, Fosun received dividend from subsidiaries amounted to RMB769 million (including dividend from industrial

subsidiaries amounted to RMB409 million). From 2004 to 2013, the dividend payouts to the Group averaged 33.41% of

the attributable earnings of the industrial subsidiaries.

Tapping the opportunities afforded by the favorable stock market during the first half of 2015, Fosun made a conscientious

move to beef up its capital in order to lower the gearing ratio, further strengthen its resilience against volatility. In the first

half of 2015, Fosun expanded its issued capital 12.16% or by issuing 838 million new shares, thereby enriched its net

assets. Meanwhile, Fosun and the invested enterprises of the funds under its management completed four IPOs, including

two backdoor or merger listings. Furthermore, Fosun has stipulated strict requirements for dividend payouts from its

industrial subsidiaries. From 2004 to 2013, the dividend payouts to the Group averaged 33.41% of the attributable

earnings of the industrial subsidiaries. In the first half of 2015, Fosun received dividends from subsidiaries amounted to

RMB769 million (including dividiends from industrial subsidiaries amounted to RMB409 million).

Reaping benefits from the enhancements in asset structure and equity expansion, Fosun’s net gearing ratio lowered to

63.5% in the first half of 2015, down by a sharp 10.3 percentage points from end-2014. The Group’ s ROE rose

significantly to 12.9%, up 4.1 percentage points year-on-year.

BEEFED UP CAPITAL, LOWERED GEARING &INCREASED CASH BY TAPPINGTHE FAVORABLE BULL STOCK MARKET

• Mainly focus on taking controlling stakes in insurance companies & finance institutions and help them beef up their core capital• Initialize funds for minor cornerstone investments• Very exclusive strategic greenfield projects

• Investment in minority shareholdings• VC, PE, public funds, mutual funds, domestic PRC funds, special funds, domestic PRC real estate funds

Funds

Platform

Listed Industrial Companies (with

controlling stakes) Platform

Insurance Companies

Platform

* Currently under approval by regulatory authorities.

1H2014

1H2015

0 4% 8% 12%

8.8%

12.9%

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

83.22%

85.14%

85.84%

41.76%33.70%

43.27%

22.66% 23.62% 24.26%21.34%

2013 86.0 % 1H2014 80. 9% 2014 73.3% 1H2015 63.5 %

ENLARGING CONTRIBUTION FROMLIGHT ASSETS WITH WEAK CYCLICALITY：FINANCE, HEALTH AND HAPPY LIFESTYLEIn the first half of 2015, Fosun continued to optimize its asset structure. The proportion of assets from the finance, health

and happy lifestyle businesses to the Group’s total assets expanded to 65.1%, amounting to RMB230.033 billion, up

21.45% year-on-year. The attributable net profit generated from the businesses rose significantly by 8.5 times, surpassed

the achieving RMB4 billion in one move to reach RMB4.149 billion.

Contribution from Integrated Finance, Health and Happy Lifestyle Businesses

Progresses in major investments in financial institutions

(Unit: RMB million)

-

50,000

100,000

150,000

200,000

250,000

300,000

0%

20%

60%

80%

100%

120%

140%

Net Assets

26,164 38,095

Profit Attributable toOwners of the Parent

433 4,149

Revenue

8,15813, 098

Total Assets

189,400

230,033100.2%

32.9%

44.0%

23.6%

40.4%

38.8%

60.5%

65.1%

1H2014 1H2015 1H2014 Contribution (%) 1H2015 Contribution (%)

Zhejiang Internet Commerce Banking Co., Ltd. One of the first privately-run commercial banks in China, and

has officially commenced operation. Fosun, as the second largest shareholder, owns 25% stake.

Phoenix Holdings Ltd.* Financial holding company. Fosun announced to acquire 52.31% equity interest of Phoenix Holdings. Phoenix Holdings ranked fourth and third in terms of market share in life and non-life insurance in Israel, respectively. Its total assets amounted to NIS101.34 billion (approximately USD26.02 billion).

BHF Kleinwort Benson Group SA* It wholly owns BHF-BANK, one of the largest independent private banks in

Germany, and Kleinwort Benson which specialized in private banking in the United Kingdom. As at June 30, 2015,

Fosun and a fund under its management held an aggregate of 19.49% equity interest in BHF Kleinwort Benson Group

SA. In 2015, Fosun and its subsidiaries and a fund under its management have initiated a tender offer towards BHF

Kleinwort Benson Group SA. Upon completion of the transaction, Fosun will own more than 50% of its equity interest.

BHF Kleinwort Benson Group SA has its assets under management of EUR54.2 billion. By leveraging the leading

experiences from overseas private bank to connect with the increasing leveraging activities of Chinese family, Fosun

will further enhance its assets management business.

Ironshore* Global specialty insurance company. Fosun has acquired 20% equity interest in Ironshore and this

transaction has been completed. Fosun and Ironshore signed a Merger Agreement in May 2015, to acquire the remaining

80% equity interest of Ironshore. Ironshore investable assets reached approximately USD5 billion as at June 30, 2015.

Hauck & Aufhäuser* One of the largest independent private banks in Germany. Fosun announced to acquire 100%

equity interest of H&A. H&A’s total assets amounted to EUR3 billion and its total assets under management and

custody amounted to approximately EUR43 billion as at December 31, 2014.

Guangzhou Fosun Yuntong Small Loan Co., Ltd. Internet small loan company. Fosun takes a total of approximately

68% interest through its subsidiary. Obtained nationwide operating license with a total registered capital of RMB200 million.

14/15

Fosun International

(Group’ s Platform)

In the first half of 2015, Fosun Group further expanded its investment footholds in the Internet. Fosun and its managed funds

have been persisting in “industry’ s leader or uniqueness in the industry” as the overriding guidance in identifying projects. Fosun

and its managed funds added RMB1.83 billion in new Internet investment assets, including one of the first approved

private-sector banks Zhejiang Internet Commerce Banking Co., Ltd., Dianping.com with over 200 million mobile client-end users

and active users in terms of monthly usage, and the world’s largest Internet diagnosis healthcare platform Guahao.com with 82

million subscribers. Moreover, Cainiao Internet Technology Limited, which Fosun has minority interest, has nine projects under

construction, which had a total of approximately 1.1 million sq.m. in aggregate GFA, and the three projects in Tianjin, and Jinyi

city and Haining city in Zhejiang had been completed. Cainiao Internet Technology Limited also has eight projects signed in

Guangdong, Chongqing, Hubei, Shaanxi and Sichuan. In addition, Fosun will join forces with SinoPharm Logistics to establish a

nationwide pharmaceutical infrastructure platform. Fosun, through a subsidiary, holds a 60% interest in the platform.

Apart from making investments in the Internet, Fosun has been actively building customer and enterprise cloud. Since the

FosunLink has been successfully launched last year, its products currently cover over 27,000 employees from Fosun Group and

its 100 invested companies. In Fosun’s view, these employees are middle class, or even high-net-worth individuals, which are the

target clients for the health and happy lifestyle ecosystems that Fosun is building actively. Riding on the successful launch of

FosunLink, Fosun has also proactively encouraged each of its staff members to establish his online mini-shops via FosunLink,

thereby enabling them to promote the products of Fosun’s portfolio companies within the healthcare and happy lifestyle

businesses to their friends and families. Meanwhile, Fosun also internally launched a one-stop health services platform – Xingyikang

with current registered users totaled more than 220,000.

EMBRACING THE INTERNET, PROMOTING THE STAR PLANSFosun Big Data Platform

Major Internet Investments

Investment and Promotion O2O Transformation

Customer/Enterprise Cloud

• In 1H2015, Fosun International and its managed funds added RMB1.83 billion in new Internet investment assets

• Adhere to the “industry’ s leader or uniqueness in the industry”

• Fosun’ s VC team invested in 1H2015: dianping.com, ximucredit, mochasoft, Tapingo, tianpingpai,

8dol, Styleseat，100njz, bochewang, Jpush, Molbase, ruiwen, Chosen, aiwan, Datebao, for an investment

amount of RMB380 million in aggregate

• Zhejiang Internet Commerce Banking Co., Ltd. Fosun is the second largest shareholder with a 25% interest .

It is the first batch of pilot private banks in China, core system hosted on the finance cloud, use Internet and

big data edges to serve micro and small enterprises, mass consumers, rural operators, farmers and small and

medium financial institutions

• In May 2013, Fosun invested RMB500 million in Cainiao Internet Technology Limited for 10% of its equity interest

• Joint forces with SinoPharm Logistics to establish a nationwide pharmaceutical infrastructure platform. Fosun,

through a subsidiary, holds a 60% interest. Kicked-off the Xiaoshan project in August 2015

• Guahao.com: The world’s largest Internet diagnosis healthcare platform by subscriber count, served 160

million people in 2014, 1,860 professional teams on standby

• Dianping.com: The leading city consumer platform in China with over 20 billion visits a month

• Guahao.com: 82 million users, served 160 million patients in 2014

• Dianping: >200 million mobile client-end users and active users in terms of monthly usage

• FosunLink: covered ~ 27,000 employees and over 100 companies

• Xingyikang： more than 220,000 registered members

• Club Med：

>100,000 online users

Other O2O transformation are

in progress

• Fosun and Guahao.com joint-develop pharmaceutical e-commerce through JXDYF.com

• Establish a gold and jewelry whole chain Internet platform – Yuyuan to raise RMB8 billion to build

five major platforms and big data centres to establish a close loop development

• Develop a nationwide small credit supply chain – Guangzhou Fosun Yuntong Small Loan Co., Ltd.

The company has obtained a nationwide license. Fosun, through a subsidiary, holds a 68% interest

• Happy lifestyle e-commerce transformation - Club Med, Folli Follie, Secret Recipe, Yuyuan online to

be launched one after another to establish mobile happy lifestyle

• FosunLink

• An innovative platform incubated internally

• Insurance O2O

• Internet finance platform – providing financial products in various areas including properties and senior living

• Xingyikang: a one-stop healthcare platform

• >1,000 companies • ~ 500,000 employees • >100 million subscribers

Embracing the Internet with passion by creating a CIPC Internet ecosystem and promoting the Star Plans

16/17

18/19

Note: The above-mentioned figures are referring to GFA.

With its established capabilities in healthcare, happy lifestyle, logistics and commodity industries, Fosun encourages

cross-industry integration and proactively promotes connection of industries with insurance and finance, capabilities of creating

environments that facilitated integration of industries and insurance into hive cities, creating cross-industry integration operation

platform unique to Fosun one after another.

ALL-ROUND COMPETITIVENESS BASED ONINDUSTRIAL STRENGTH: HEALTH AND HAPPYLIFESTYLE +,PROPERTY +, INTERNET +, INSURANCE +

Profound transformations that are deeply connected to or based on high quality Healthcare & Happy Lifestyle capabilities to promote all-round competitiveness

18 hive cities made major achievements with a total GFA of approximately 6.3 million sq.m.

The project occupies a site area of 806mu with GFA of 510,000 sq.m. The first phase is earmarked for a hotel with eight floors of the main hotels building had completed construction and expected to be officially opened in September 2017. The second phase is for villas and apartments with total saleable area of 120,000 sq.m. The second phase proposal has been approved and is expected to open for sale next year.

GFA：410,000 sq.m.+830,000 sq.m.The first phase has commenced operation while the second phase is still under construction.

The First Affiliated Hospital of Soochow University Medical Care Community,

Suzhou/115，000 sq.m.

Taizhou Zanyang Medical Care Community (First phase)/105，000 sq.m.

Ningbo No.9 Hospital Medical Care Community/57，000 sq.m.

Changbai Island Medical Care Community, Shenyang/44，000 sq.m.

Shanghai Starcastle Zhonghuan Senior Living Care Community/18，000 sq.m.

Hutuo River Financial Centre, Chengdu/950，000 sq.m.

Xinhong Financial City, Hefei/732，000 sq.m.

BFC/426，000 sq.m.

Pazhou Financial Centre, Guangzhou Nanfang Headquarters/206，500 sq.m.

Dongyang Woodcarving Chinese Culture Exhibition City

(First phase + Second phase)/410，000 sq.m.+830，000 sq.m.

Atlantis Resort , Sanya, Hainan/510，000 sq.m.

Xingyue City, Ningbo/286，000 sq.m.

Shenyang Yulongcheng/193，000 sq.m.

Yuyuan Second Phase/140，000 sq.m.

Xinhong Jimo Tianmao City, Qingdao/532，000 sq.m.

Xiangyang Tianmao City, Hubei (First phase)/432，000 sq.m.

Ankang Tianmao City, Sha’ anxi (First phase)/274，000 sq.m.

Xiaoshan Fosun Sinopharm Logistics Project, Hangzhou/59，000 sq.m.

FinancialServices Hive

Culture &Tourism Hive

Logistics &Trade Hive

• Atlantis Resort, Sanya, Hainan

Medical: Insurance+• United Family Hospital collaborated with Yong’ an P&C Insurance to launch “Yong’ an United Family Insurance”, which is based

on the industrial capacity of United Family Hospital to achieve an overall control in insurance costs.

Club Med • Cirque du Soleil+: Established a global partnership to have pilot joint projects in Club Med’ s resorts and to unveil a theme park designed

by Cirque du Soleil for the first time. The first joint project has launched in Club Med’s Punta Cana resorts in Caribbean, Central America.

• Thomas Cook+: Established a three-year strategic partnership in Europe. Club Med aimed to achieve significant growth by 2018,

through Thomas Cook’ s sales channels, so as to attract new customers from other countries in Europe.

HealthcareHive

• Dongyang Woodcarving Chinese Culture Exhibition City

FOSUN’SBUSINESS OVERVIEW

FOSUN BUSINESS SEGMENTS

� As at June 30, 2015, the Group total assets amounted to RMB353,526 million, up 8.8% from the year ended 2014.

� As at June 30, 2015, net assets attributable to owners of the parent reached RMB63,315 million, up 28.1% from the

year ended 2014.

� As at June 30, 2015, profit attributable to owners of the parent was RMB3,617 million, up 97.2% from the first half of 2014.

IndustrialOperations

IntegratedFinance

Health

Happy Lifestyle

Iron & Steel

Resources

Property Developmentand Sales

Insurance

Investment

Asset Management

Banking & OtherFinancial Business

Currently, Fosun’ s businesses include two major segments, integrated finance and industrial operations.

Fosun also made a solid stride towards implementing the Warren Buffett model of development.

InvestmentInsuranceIntegrated Finance

1,789

115

1,131

-411

364

92

76

57

1H2015

1H2014

Asset Management Banking & Other Financial Business

Happy LifestyleHealthIndustrial Operations

581

405

208

174

-210

56

162

1,655

1H2015

1H2014

Iron & Steel

39

173

ResourcesProperty

Development & Sales

单位：人民币 百万元 Profit attributable to owners of the parent

for the six months ended June 30, 2015 RMB million

20/21

22/2322/23

INSURANCE BUSINESS GREW RAPIDLYIn the first half of 2015, Fosun’ s insurance business continued to expand rapidly. Insurance investable assets reached a record high of

RMB142.745 billion, up significantly by RMB35.960 billion when compared with that of the end of 2014. Profit attributable to owners of

the parent generated from the insurance business reached another record high at RMB1.789 billion, RMB641 million more than that for

the whole year of 2014.

Note: On February 12, 2015, Fosun completed the acquisition of approximately 20% equity interest of Ironshore. On May 3, 2015, Fosun announced its plan to acquire the remaining 80% equity interest of Ironshore and the transaction is under approval by regulatory authorities as at the latest practicable date prior to the printing of this brochure for ascertaining certain information herein. * Currently under approval by regulatory authorities.

1H2015 1H2014 1H2015 1H2014 1H2015 1H2014 1H2015 1H2014 1H2015 1H2014 1H2015 1H2014 1H2015 1H2014

Gross premium income

Cost of investable assets

Investable assets

Net investment return

Total investment returnComprehensiveinvestment returnInterest spread (based ontotal investment return)

RMB million Fosun InsurancePortugal (note 1) Peak Re Pramerica Fosun

Life InsuranceYong’an P&C

InsuranceIronshore Total Equity MIG

15，173(Note 2)

1.6%

95,143

2.4%

3.7%

3.1%

2.1%

16，824(Note 2)

1.6%

105,436

1.4%

2.9%

4.3%

1.3%

1，089

0.5%

5,527

1.9%

11.5%

11.8%

11.0%

648

2.5%

4,146

1.5%

-1.7%

-2.9%

-4.2%

376

11.3%

1,327

1.9%

4.9%

3.8%

-6.4%

195

17.7%

441

2.2%

2.2%

1.8%

-15.5%

4,000

-0.4%

10,201

2.8%

5.5%

7.6%

5.9%

3,658

0.0%

9,014

3.1%

3.7%

3.5%

3.7%

6,930

-0.8%

30,546

1.2%

1.1%

1.1%

1.9%

6,885

-0.9%

27,261

1.1%

2.2%

2.1%

3.1%

16,215

1.4%

94,466

-

4.0%

-

2.6%

14,837

1.6%

89,894

-

2.7%

-

1.1%

2,224

0.2%

9,664

1.4%

1.6%

0.9%

1.5%

2,337

-

9,976

1.4%

1.9%

3.1%

-

Notes: 1. Figures for the first half of 2014 were profit attributable to the Group for May-June 2014. 2. ROE is the actual value, not on an annualized basis.

1H2015

Notes: 1. Fosun Insurance Portugal comprises three insurance companies, namely Fidelidade, Multicare and Fidelidade Assistência, Fosun holds equity interests of 84.986%, 80% and 80% respectively. 2. In the first half of 2015, gross premium income of Fosun Insurance Portugal was EUR2,223 million; in the first half of 2014, its gross premium income was EUR2,000 million. Therefore, excluding the impacts from exchange rate, gross premium income in the first half of 2015 increased by 11.2% when compared to the same period last year. 3. Attributable figures for the first half of 2015 include Fosun Insurance Portugal, Peak Re, Pramerica Fosun Life Insurance, Yong’ an P&C Insurance and Ironshore. Fosun signed a merger agreement with MIG on December 30, 2014 and completed the transaction on July 8, 2015. On February 12, 2015, Fosun completed the acquisition of approximately 20% equity interest of Ironshore. On May 3, 2015, Fosun announced its plan to acquire the remaining 80% equity interest of Ironshore and the transaction is under approval by regulatory authorities. Upon completion of this transaction, Ironshore will become an indirectly owned subsidiary of Fosun International Limited. Fosun’s acquisition of 52.31% equity interest of Phoenix Holdings is currently under approval by regulatory authorities. Fosun entered into a share purchase agreement with Phoenix Holdings on June 21, 2015, the project is currently under approval by regulatory authorities. Attributable figures for the first half of 2014 include Fosun Insurance Portugal, Peak Re, Pramerica Fosun Life Insurance and Yong’ an P&C Insurance.

1H2014 ChangeEUR million

2,223

182

2.63%

1.68%

2.10%

14.00%

2,000

26

2.90%

2.47%

1.30%

8.50%

11.20%

600.00%

-0.27pp

-0.79pp

+0.8pp

+5.5pp

Gross premium income

Net profit attributable to owners of parent(Note 1)

Average guaranteed interest rate for the in-force business of life saving products

Average guaranteed interest rate for new businesses of life saving products

Interest spread

ROE(Note 2)

Persistently rapid growth of Fosun Insurance Portugal, investment capability continued to be enhanced

Financial platforms：BHF-BANK and H&A in Germany, Kleinwort Benson Bank in the UK

Professional investment platform

Real estate platform：Tokyo (IDERA), London (RPIM), Lisbon (Fidelidade Property)

• Invested in Resolution Property in the UK, established a joint venture company RPIM which Fosun has controlling stake in RPIM• RPIM’ s management has 17 years of professional experience in managing real estate funds, specializing in asset management in Europe property markets

Fosun Insurance Portugal’s overseas property investments in 1H2015

• Project 1: 73 Miller Street, Sydney, Australia • Investment price: AUD116.5 million • Net rental/sales ratio: 7.77%• Project 2: Palazzo Broggi, Milan, Italy • Investment price: EUR340 million • Net rental/sales ratio: 5.2%

In search of quality investment targets

84.986%General Insurance

Fidelidade

50%

100%

100%19.93%

85.1%52.31%Financial Holding

Phoenix Holdings*

Peak ReRe-insurance Life Insurance

Pramerica FosunLife Insurance

P&C Insurance

Yong’anP&C Insurance

Specialty Insurance

(Note) Ironshore

Labor InsuranceMIG

Notes: 1. Status as at June 30, 2015. 2. As of cut-off date on June 30, 2015. Note: As at June 30, 2015, the above-mentioned projects included the acquisition of the remaining 80% equity interest in Ironshore, acquisitions of Phoenix

Holdings and H&A were under approval by regulatory authorities. These projects were not yet completed.

Note: Included Forte Real Estate Funds, IDERA Property Funds and Resolution Property Funds.

INVESTMENT BUSINESSAs at June 30, 2015, IRR was 33.9% for the investment business since 2000.

Existing project portfolio

China concept stocks held by Fosun (Note 1)

RMB million

1H20151H2014

0

10,000

20,000

30,000

40,000

50,000

60,000

35，526

6，308

29，691

54，541

687

Disposal proceeds / Dividend Accumulated investment cost of existing projects Book value of existing projects

Strategic investments PE/VCSecondary market investments LP investmentsOther investments

51.2% 18.7% 16.6% 7.1% 6.3%

Attributable profit for investment business was RMB1,130.8 million in 1H2015

Stock code Stock name Industry Date of privatization alert Status

VNET

BONA

QIHU

YY

21Vianet Group Inc

Bona Film Group Ltd

Qihoo 360 Technology

YY Inc

Technology

Movies & entertainment

Technology

Technology

2015/6/10

2015/6/12

2015/6/17

2015/7/09

In progress

In progress

In progress

In progress

Fosun’s china concept stocks are worth USD 1.144 billion in aggregate (Note 2)

Stock code Stock name % of total share capital

BONA

PWRD

SINA

YOKU

YY

SFUN

CYD

Bona Film

Perfect World

Sina

Heyi Group (Youku Tudou)

YY Inc

SouFun

China Yuchai International

20.10%

16.60%

8.75%

3.59%

3.19%

3.10%

3.07%

KANG

VNET

SOHU

MY

QIHU

CFG.SP

LITB

iKang Healthcare

21Vianet

Sohu

China Ming Yang Wind Power

Qihoo 360 Technology

China Fishery

Light In The Box

2.64%

1.24%

1.21%

0.58%

0.44%

0.35%

0.09%

47，537

ASSET MANAGEMENT BUSINESS

Stock code Stock name % of total share capital

• As at June 30, 2015, the fund size of PPP Funds was RMB6.04 billion.

• To drive the PPP business mode of “insurance + industry + investment”, Fosun has committed to PPP projects with

contracted amount of approximately RMB123.6 billion as at June 30, 2015.

Funds under direct management of Fosun

Funding level of Fosun PPP funds

• Assets under management of Excellence, the subsidiary of Phoenix Holdings in Israel, amounted to USD23.2 billion as at

December 31, 2014.

• Funds under the management of Ironshore was USD450 million as at December 31, 2014.

• Funds under the management of German private independent bank H&A was USD8.1 billion as at December 31, 2014.

Funds managed by subsidiaries under Fosun

49.6019.45

9.90

13.95

5.690.61

1H2015

41.42Rmb billion Rmb billion

19.45

7.81

5.690.61

7.86

2014

As at May 2015

Sunvision Capital has signed a

RMB6 b i l l i on env i ronmenta l

industry fund agreement with the

City of Shenyang

As at June 2015

Sunvision Capital was appointed as

the Custodian of Jinan City’s

RMB20 billion PPP Fund.

As at August 2015

Sunvision Capital has signed a RMB12

billion PPP cooperation framework

ag reement w i th the Changx ing

government, Huzhou, Zhejiang.

24/25

RMB Property Funds USD PE Funds Foreign Currency Property Funds RMB PE Funds QFLP Funds

Unit: RMB billion

BANKING AND OTHER FINANCIAL BUSINESSZhejiang Internet Commerce Banking Co., Ltd.

• One of the first batch of privately-run commercial banks, commenced commercial operation on June 25, 2015.

• As the second largest shareholder, Fosun holds a 25% interest, and the largest shareholder is Zhejiang Ant Small & Micro

Financial Services Group Co., Ltd. (owns a 30% interest).

• First bank in China to establish its core system hosted “on the financial cloud”. By leveraging the financial cloud

computing system, the bank possesses edges of high flexibility and compatibility to process big data analytics and

high concurrency financial transactions.

• Positioned as the financial services provider of choice for Internet commerce operators, a pioneer in Internet bank and

experimenter of popular finance, providing services for vast population including micro and small enterprises, mass

consumers, rural operators, farmers, small and medium financial institutions.

• “Business management approach (draft) payments to non-bank payment institutions network” clearly stipulated the

scope of Chinese third-party payment service, customer management, business management, etc. It highlights value

of the banking license.

• The Zhejiang Internet Commerce Banking Co., Ltd. App is currently under internal testing.

• Operate core system “on the financial cloud”, where the core system is entirely based on the self-developed cloud

computing system and the Oceanbase database system, can substantially reduce system costs and this advantage

brought by the cloud data analytics looms will enlarge as the business expands.

• Another core capability is big data analytics. Ant Micro Loan program has pragmatically solved difficulties in financing for

SMEs through big data analytics and online remedies for 5 years.

• By end-April 2015, Ant Micro Loan program had addressed the financing needs of more than 1.6 million small and micro

enterprises as well as individual entrepreneurs, up to RMB400 billion in aggregate, with bad debt ratio of around 1%.

Health

Iron & Steel

Property Development & Sales

Resources/Commodities

Increasing integration of the core platforms of listed companies and the existing health and happy lifestyle industrial assets, promoting connections to global investment capabilities to reap benefits from high growth in the China market, step up efforts to become the leading enterprise in China and the world through actively participating in global industry consolidation.

INDUSTRIAL PLATFORMS

Promoting Yuyuan to form greater Happy Lifestyle businesses

Happy Lifestyle

Promoting Fosun Pharma to form greater Healthcare assets

Health

Supporting Nanjing Nangang to proactively pursue transformation

Iron & Steel

Developing overseas property development capability through active investments to optimize growth of property platform both domestically and internationally, rapidly expand industry + hive property platform: Sungin (Healthcare), Sunhong (logistics), Sunyu (culture and tourism), Sunvision (PPP and public amenities construction), BFC (financial)

Property Development & Sales

Fully utilizing the abundant capital raised by Hainan mining after its IPO under very low debt ratios, to grow steadily during the downturn of the commodity markets

Resources/Commodities

Happy Lifestyle

26/27

H&A*• One of the largest independent private banks in Germany, with a 219-years history.

• Proprietary assets on book amounted to EUR 3 billion.

• Managed 50 funds and provided custodian services for 400 funds. Total assets under

management amounted to about EUR 43 billion (including EUR 8 billion of assets

under management and EUR 35 billion of assets under custody).

• H&A’ s clients include high net worth individuals, entrepreneurs and their family and

associated church assets. There are 8,000 high net worth individuals, 70% of the AUM

come from customers with accounts of over EUR 1 million.

BHF Kleinwort Benson*• Fosun and a fund under its management hold 19.49% equity interests of BHF Kleinwort

Benson as at June 30, 2015 and has initiated a tender offer towards BHF Kleinwort Benson,

and will hold more than 50% of its equity interests upon completion of the transaction.

• As at December 31, 2014, total assets amounted to EUR54.2 billion.

• BHF Kleinwort Benson’ s financial services subsidiaries include the BHF-BANK (one of the

largest independent private banks in Germany, assets under management was EUR40.3

billion), Kleinwort Benson (the UK, assets under management was EUR7 billion) and

Kleinwort Benson Investors (Ireland, assets under management was EUR6.8 billion).

Guangzhou Fosun Yuntong Small Loan Co., Ltd.• Online small loan provider for China’ s small- and micro-sized enterprises nationwide.

• Total registered capital of RMB200 million, Fosun holds a 68% interest through its subsidiary.

Currently under approval by regulatory authorities.*

Fosun' s global investment strategies

• Combining China’ s Growth Momentum with Global Resources: Folli Follie, St. John, Caruso, Tom Tailor,

Alma Lasers, Studio 8, Secret Recipe, Osborne, Club Med, etc.

Currently, Fosun has invested over 50 projects worldwide, with an aggregate amount exceeding USD11.0 billion.

• Optimizing “insurance-oriented comprehensive financial capability”: Fidelidade, Ironshore, MIG, etc.

• Catering to needs of insurance capital, enhancing local investment capabilities: IDERA, BHF-BANK, 28 Liberty, etc.

• Joint-development to expand businesses in China: Star Castle Senior Living, Pramerica Fosun Life Insurance.

Note: The above-mentioned companies/projects include investments made by Fosun, its subsidiaries and funds under its management. Currently under approval by regulatory authorities.

GRASPING GLOBAL INVESTMENT OPPORTUNITIES

OPPORTUNITIES & STRATEGIES

28/29

St. John2013

28 Liberty2013

Studio 82014

MIG2015

2015

Ambrx2015

2015 NoMad LuxuryResidential Towerat Madison Avenue,New York

2015 Palazzo Broggi

USA

REN2014

Fidelidade2014

Luz Saúde2014Portugal

Tom Tailor2014

H&A2015Germany

Alma Lasers2013

Phoenix Holdings2015Israel

ROC OIL2014

73 Miller Street2014Australia

Cirque du Soleil2015Canada

Secret Recipe2014Malaysia

Folli Follie 2011Greece

Caruso 2013Italy

Osborne2014Spain

Lloyds Chambers2013

Thomas Cook2015

RPIM2015

Silver Cross2015

UK

Club Med 2010France

IDERA 2014Japan

*

Ironshore *

*

*

BHF Kleinwort Benson Group SA2014Belgium

*

30/31

ADHERING TO VALUE INVESTMENT, IDENTIFYING MISMATCH OPPORTUNITIES AROUND THE WORLD, REALIZING CROSSBULL-BEAR LOW-RISK HIGH-YIELD GROWTH

CIPC Philosophy：1. Begin with client demands 2. Invest in competitive products

3. Services to satisfy client demands 4. Create value to clients

Adhering to the twin-driver strategies in long-term investments

Clients

Select Target Clients

Targeting at middle-class families and

high net worth individuals, focusing on

their consumption and investment needs

C Investments

Invest Globally

Seeking comparative opportunities worldwide

and starting opportunistic investments as a

small shareholder, gradually seeing if it’ s good

for consolidation or M&A

I Products

Products and People

Base on condition to develop highly

competitive assets-end products and

liability-end products, using risk-reward

sharing model to attract the most

outstanding talents and continuing to

optimize the invested enterprises

P Clients

Clients

Develop products that astonish clients

and maintain sustainable relationship

with customers who create frequent

and extensive transactions

C• Fully confident in the upgrade from industrial-China to consumption-China, as well as gaining long-term growth in China’ s future

economy by successful transition to capitalism.

• Adhering to value investing principle when facing the rapid-changing market environment.

• Continuing to identify high quality health and happy lifestyle assets globally and connect to China’ s growth momentum.

• After experiencing the sharp drop in A-shares, part of the A-shares developed its greater investment values, as well as the overseas

listed Chinese stocks and HK-stocks are having better margin of safety.

• Fosun’ s industrial companies and insurance companies have sufficient capital.

Adhering to the globalization strategy and value-investing principle

Reasonably-priced overseas consumer

assets with China’ s explosive growth,

mismatches between the world’ s largest

and second largest consumer markets,

help them to reap benefits from the high

growth in the consumer market in China,

the key rests on helping overseas brands

to achieve high growth in China.

Mismatch between the low-cost capital from

the low interest rate environments in Europe,

the US and Japan and the high return from

RMB and USD assets, the key is to identify

scalable investment opportunities based on

deep and professional industrial capabilities;

and to implement Fosun’ s investment

techniques in the invested financial institutions

on how to achieve high return by investing

RMB and USD assets.

Sporadic opportunities from return of China

concept stocks, HK-listed stocks and

H-shares to A-shares market, opportunities

from Asia-listing of Asia-based assets of

global consumer enterprises.

30/31

Fosun has developed an investment platform that helps its investees create value, leveraging its

vast pool of resources accumulated over the last two decades. With this platform, Fosun has been

helping the investees enhance their values through exploiting synergies in resources, optimizing

their management and rendering support in judgment and decision making, etc.

FOSUN’S TEAM

“Evolution” is the driver that propels Fosun’ s journey of evolving into an intelligent and vital entity that iterates

exploration of its intrinsic value with a purpose to excel.

IDEOLOGY OF “EVOLUTION”

Fosun aspires to becoming a world-class investment group underpinned by the twin drivers of “insurance-oriented

comprehensive financial capability” and “global industrial integration capability taking roots in China”. This goal

requires every Fosuner to go for greater depths in integration and to evolve tirelessly. By forging growth powers, we

build a better future together for Fosun.

 

“Progress” refers to upgrades to the general

landscape and further developments of the platforms.

32/33

“Transformation” is to identify and address

weaknesses during the course of integration in an effort

to enhance product identity and competitiveness.

Through a talent supply chain system combining introduction of external talents and development of internal talents, we have

collaborated a pool of leading talents in various industries. We care about the development of entrepreneurs and strive to

establish an investment management team that recognizes Fosun’ s corporate culture and highlights entrepreneurship.

In the past over 20 years, we insisted on:

Attract Deploy Develop Retain

Attracting talents through

career development

Evaluating talents through

their performance

Developing talents through

their works

Building our team through

a common cause

Fosun takes its staff force as assets of the highest value. The Group therefore attaches unparalleled importance to the

sustainable development and nurturing of talents. To help implement the Group’s corporate strategy and establish its

corporate culture, Fosun encourages its staff to develop their personal skills and improve their performance, thereby enabling

its staff to grow with the Company.

Our visions:Creating Fosun’ s own “Whampoa Military Academy” by cultivating a remarkable workforce mainly comprising

entrepreneurs. Our workforce is required to meet international standards and possess world-class expertise to meet the

development needs of the Group in advance swiftly, thereby enhancing Fosun’ s global competitiveness and influence.

"A single spark can start a prairie fire"We hope to groom each and every employee of Fosun into a dazzling star—A flame as we gather, and stars as we scatter.

A COMPREHENSIVE LEARNING & DEVELOPMENT SYSTEM: FOSUN MANAGEMENT INSTITUTE

FOSUN: EMPHASIS ON TALENTS

Fosun continues to attract high-caliber

elite from the investment industry,

culminat ing a workforce mainly

comprising highly educated and

accomplished employees.

Master or above Bachelor

The average age of Fosun’s employees

is 36 years. A proper mix of all age

groups provides a young, dynamic

yet exper ienced and seasoned

workforce.

A majority of Fosun’ s employees are

engaging in investment activities,

a defining character ist ic for an

investment-oriented investment group

with “China Expertise + Global Capacity”.

Diploma and below

<30 yrs old 30~40 yrs old

41~50 yrs old >50 yrs old

Investment talents Financing talents

Auxiliary talentsFunctional talents

Technology talents & specialists

34/35

Learn

ing

Develo

pm

ent

Pro

fession

al Sk

ill

9 Lunch Sharing Session Series

Learning Map

Fosun Forum

Fosun Integration

Leadership Development Program

Management Excellence Program

Young Leaders’ Program

Fo-Star Program

56.28%

11.76%

6.55%

25.41%

53.57%

41.19%

2.74%1.43%1.07%

50.66%

33.88%

15.46%

Insurance Investment FinanceHappy

Lifestyle HealthGlobalization Mobile Internet

Hive Cities

Bulk Commodities

It is Fosun’ s incumbent corporate social responsibility to fulfill its corporate

commitment in practice – to help protect and promote Chinese culture as well as

eulogize the magnificence of Chinese culture for appreciation by more people.

FOSUN’S PURSUIT

Since its establishment, Fosun has always been grateful for the support it

received while sharing the fruitful results with our staff and communities.

Fosun has been contributing to education, helping disaster victims, and also

encouraging the youth to set up business and supporting the growth of micro

and small enterprises through charitable and innovative activities.

Fosun cares about the natural environment and has taken an important role in

promoting positive and sustainable development of society for years, thereby

creating a harmonious business atmosphere with other corporations to jointly

establish a new business environment.

Chinese culture has a long history and a profound foundation. Fosun constantly

works on the inheritance of traditional Chinese culture and participates in

culture exchange with foreign countries, from promoting Taichi, woodcarving art

to Shanghai Symphony Orchestra. Fosun is strongly supportive of the

rejuvenation of the Chinese economy and culture as its goal and mission.

FACILITATING THE REJUVENATIONOF CHINESE ECONOMY AND CULTURE

36/37

FOSUN’S HONORS

38

April

July

August

October

November

December

Fosun International named “Best Managed Company” of the “Asia’ s Best Companies 2014” by FinanceAsia, an international authoritative journal.

Fosun International ranked No. 115 in “2014 Fortune China 500”.

At the announcement ceremony of “2014 Top 500 Private Enterprises in China” organized by All-China Federation of Industry & Commerce, Fosun was ranked 37th on the list of 2014 Top 500 Private Enterprises in China.

World Finance, a UK professional financial magazine, announced the winner list of Project Finance Deals of the Year 2014. Fosun’ s acquisition into Fidelidade was named the “Best Privatization Deal of the Year” by the World Finance.

May Forbes, the U.S. magazine, announced the latest rankings of “The 2015 Global 2000” , Fosun International ranked No. 536.

January Fosun International was named as “Top-100 by Comprehensive Strengths for 2014” and received an “Enterprise with Significant Advancement” award at the Top 100 Hong Kong Listed Companies jointly organized by QQ.com and Finet Group.

April Fosun International honored as “2014 Best Multinational M&A Enterprise in the Greater China Insurance Sector” by US magazine Institutional Investor.

At the 6th Global Private Equity Forum in Beijing organized by China Association of Private Equity

Investors, Fosun Group was ranked 2nd on the list of 2014 Top 10 PE Investors in China.

The annual rankings of “2014 China Private Equity Investment Institutions” were released by Zero2IPO,

Fosun Group honored as the “2014 Best Fund Raising Private Equity Investment Institution in China” and

was ranked 6th among the Top 10 Private Equity Investment Institutions of China in 2014.

Fosun International received a gold award in “The Corporate Awards 2014” by The Asset, an

international renowned asset management and investment magazine.

Fosun International was named as “Most Admired Companies in China” by Fortune Magazine. Fosun International also ranked in the top five companies on the “Diversified” industry ranking.

Fosun International received “Asia’ s Most Promising Company on Corporate Governance” Award at the Best of Asia 2014 by Corporate Governance Asia.

Fosun International received “Innovative Enterprise” Business Merit Award from Portuguese-Chinese Chamber of Commerce & Industry, in recognition of the Group’ s contribution to fostering economic and trade relations between China and Portugal.

Fosun International received “Triple A Greater China Award” in the “Investment” sector by The Asset, the renowned international asset management and investment magazine.

Disclaimer:

This corporate brochure shall not be deemed as information disclosure and investment recommendation by Fosun. Companies/projects mentioned in this corporate brochure

include investments made by Fosun, its subsidiaries and funds under its management. As such, some companies/projects mentioned in this corporate brochure are not among

the listed arm of Fosun. Investors are advised to refer to Fosun’s public announcements and annual reports for all relevant information solely regarding the listed company.

2015

2014