Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

PROGRESS UPDATE ON DISCLOSEABLE TRANSACTIONS

IN RELATION TO

THE DISPOSAL OF THE TARGET COMPANIES

AND

THE ISSUANCE OF CONSIDERATION SHARES

Reference is made to the announcements of the Company dated 20 November 2017, 27 December 2017, 12 January 2018 and 19 January 2018 (the "Announcements") in relation to, among other matters, the entering into of the Formal Sale and Purchase Agreement, the Supplemental Agreement and the Second Supplemental Agreement. Unless otherwise defined in this announcement, capitalized terms used herein shall have the same meanings as those defined in the Announcements.

On 31 January 2018, the Purchaser received a notice from China Securities Regulatory Commission (the "CSRC"), which stated that the Transactions have been approved conditionally by the Review Committee of Merger, Acquisition and Reorganization of Listed Companies (上市公司併購重組審 核委員會) of the CSRC at the 7th working conference of 2018 held on 31 January 2018.

As at the date of this announcement, the Purchaser has not obtained the formal written approval from the CSRC, the Transactions may or may not materialize. Shareholders and potential investors should exercise caution when dealing in the securities of the Company.

By Order of the Board Fosun International Limited

Guo Guangchang

Chairman

31 January 2018

As at the date of this announcement, the executive directors of the Company are Mr. Guo Guangchang, Mr. Wang Qunbin, Mr. Chen Qiyu, Mr. Xu Xiaoliang, Mr. Qin Xuetang, Mr. Wang Can, Ms. Kang Lan and Mr. Gong Ping; and the independent non-executive directors are Mr. Zhang Shengman, Mr. Zhang Huaqiao, Mr. David T. Zhang, Mr. Yang Chao and Dr. Lee Kai-Fu.

Fosun International Limited published this content on 31 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 January 2018 12:34:08 UTC.

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