An Innovation-driven Consumer Group - Fosun Corporate Presentation 2021.4 - Fosun International
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An Innovation-driven Consumer Group Fosun Corporate Presentation 2021.4
Disclaimer It is not the intention of this document to provide a full explanation of any relevant matters of Fosun International Limited (the "Company"). You must refrain from relying on any information set out in this document. No statement, guarantee or undertaking is or will be made or given at present or in the future in respect of the accuracy, fairness, reasonableness, correctness or completeness of this document or any information or opinions set forth herein or any other information or opinions, whether written or oral, available to any stakeholder or its advisers, nor is there or will there be any express or implied indication made in respect of the above content at present or in the future. None of the Company or any of its shareholders, directors, officers, employees, affiliates, advisers or representatives (the "Parties") shall assume any liability, including but not limited to liability for default, for or in respect of the above content at present or in the future. The Parties expressly state that they shall not be held liable for any loss resulting from the use of this document or its content or in any other manner in connection with this document. It is assumed that information set out in this document is appropriate for the current situation and such information could be subject to change without notice. None of the Parties shall be held liable for procuring the receipt of information under this document by any recipients, updating information under this document, or correcting any manifest error contained under this document. In the event of any conflict between this document and the annual results announcement of the Company for the year, and the annual report of the Company for the year ended 31 December 2019 (collectively, the “Annual Documents” ), the Annual Documents shall prevail.
* Currency in RMB and Data as of 31 December 2019 unless otherwise specified
1 An Innovation-driven Consumer Group Fosun was founded in 1992. Our mission is Revenue RMB 136.6 billion 45% from overseas to provide high-quality products and services for families around the world in health, happiness, wealth and intelligent Net Profit RMB 8.02 billion 8-year CAGR 10% manufacturing segments. Total Assets RMB 767.7 billion 2 Employees Approx. 76,000 Health Happiness Wealth Intelligent Manufacturing Forbes Global Ranking No.371 1. Based on the Annual Report of 2020 (Unit: RMB) 2. Date as of 31 December 2020 2
Rooted in China, Connecting the World Fosun was founded in 1992 by graduates of Fudan University. Since its establishment, Fosun has implemented its twin-driver strategy of “Industry Operations + Industrial Investment” to strengthen our foothold in the industry and keep innovating. It has achieved rapid development by capitalizing on the high-growth sectors that benefit from the momentum of China and the world’s economic development. 1992 – 2000 2001 – 2007 2008 – 2016 2017 – An Innovation-driven Startup Taking roots in China Connecting the world Strategic Focus Consumer Group 2016 1992 1998 2012 2018 Gland Pharma Founded with Fosun Pharma 2003 Pramerica Fosun Life 2014 LANVIN 2010 Hauck & Aufhäuser 2020 initial listed on China’s A- Nanjing Iron & Steel Insurance Fidelidade Wolford Club Med Wolverhampton Wanderers Djula investment of share Market Sinopharm Group Peak Reinsurance Luz Saúde Baihe Jiayuan Henlius Babytree Wei RMB38,000 Starcastle Senior Living Roc Oil Fosun Tourism Group AHAVA Jinhui Wine Listed on the HKEX Shede Wine 2007 2013 2015 2002 2011 2017 1994 Hainan Mining Atlantis Sanya Privatization of Club Med Yuyuan Inc. BFC Fosun United Health 2019 Fosun Pharma Fosun International Foshan Chancheng Thomas Cook Insurance Thomas Cook Forte listed on the HKEX Central Hospital Silver Cross iDongJia Henlius listed (00656.HK) Sisram Med Cirque du Soleil on the HKEX (02696.HK) 3
Our Clients: 1 Billion Families Worldwide Mission Creating happier lives for families worldwide Vision Rooted in China, creating a global happiness ecosystem fulfilling the needs of one billion families in health, happiness and wealth 4
* As of 31 December 2019 unless otherwise specified
Health Segment Pharmaceutical · Medical Equipment & Diagnosis · Medical & Health Services RMB34.6 billion RMB4 billion Revenue of Health Segment R&D Investment of Fosun Pharma in 2020 247 Nearly 2300 Projects including new drugs Number of R&D employees in under development, generic drugs, 2020 biosimilar and quality consistency Innovation-driven pharmaceutical business evaluation of generic drugs & First biosimilar approved and > 4600 One-stop health services commercialized in China Medical beds in the holding Hanlikang® (Henlius) hospitals Ranked No. 1 of China's non- > 90 million public hospitals in terms of Babytree’s monthly average active competitiveness users in 2020 Foshan Chancheng Central Hospital Nearly 9000 Leading senior living Retail pharmacies in China community Fosun Care 6
Health Segment’s Brands Devices Healthcare Services & Pharmaceutical & Diagnosis Products 7
Happiness Segment Branded Consumer · Tourism & Leisure RMB55.9 billion 45 million Revenue of Happiness Segment Customers visiting Yuyuan commercial district in 2019 3,367 18 Number of jewellery and Long-established Chinese Target mid-to-high-end family customers, focusing on fashion stores brands contents, models, and 60+ The world’s first travel Club Med agency products, and connecting online platforms with Number of resorts worldwide Thomas Cook offline scenarios One of the oldest French 300 million+ luxury couture house that Baihe Jiayuan’s remains active members LANVIN 8
Happiness Segment’s Brands Branded Consumer Products Tourism & Culture 9
Wealth Segment Household Finance · Corporate Finance · Investment RMB42.5 billion Revenue of Wealth Segment >27% ”Asian Reinsurer of the Year” Insurance business's for the fourth consecutive year market share in Portugual Peak Reinsurance Achieve synergy among “insurance and industry” and “insurance and asset allocation” Best Private Bank in Portugal’s largest listed bank Germany 2020 Millennium BCP Support innovation-driven investment Hauck & Aufhäuser RMB15 billion China’s Top 50 VC Fund management scale of Fosun RZ Capital Fosun Capital 10
Wealth Segment’s Brands Investment Hive Insurance Asset Management Asset Management 11
Intelligent Manufacturing Segment Resources & Environment · Technology & Intelligent Manufacturing Resources & Technology & Intelligent Environment Manufacturing RMB5 Billion 10 million tons Revenue of Intelligent Nanjing Iron & Steel’s Annual Manufacturing Segment production volume of crude steel No.2 China's first privately controlled Ranking of JEVE’s installed capacity of high-speed railway lithium-ion batteries in the field of soft Hangzhou-Shaoxing-Taizhou Railway pack power batteries in China
* As of 31 December 2019 unless otherwise specified
An Ecosystem Centered Around Family Customers with Multiplier Synergy among Industries + Innovation Driven FC2M (Client to Maker) Industrial Operation + Investment Investment (Finance) + Insurance Centered around Family Customers Innovation driven Globalization
Global FC2M Family Happiness Ecosystem Centered around the family needs, Fosun implements the C2M (Client To Maker) model by fostering and integrating high-quality manufacturers and supply chains across the globe, with a view to providing a one-stop happiness solution that covers every aspect of family life. Every aspect of Client family life Marriage Maternity Parenting Midlife Silver Age 2Link Health Maker Happiness Wealth 14
Industry Operations + Industrial Investment Fosun has profound industry operations capabilities, yet investment is also in Fosun’s genes. Its long-established industry operations capabilities have enabled Fosun to grasp investment opportunities around the world. Fosun aslo possesses industrial empowering capabilities and drives multiplier growth through the synergies between industries within the ecosystem. 1 2 3 4 Selection Entry Optimization Synergy Innovation Barrier M&A Strategic Planning Supply Chain Market Growth Potential VC Structure Optimization Marketing Globalization Potential Joint Venture Talent Introduction & Incentive Investment Winning Potential for Fosun Franchise Mechanism Capital Greenland Incubation Investment in R&D and Technology (Smart mid-offices) Innovation 15
Driven by Innovation Create a multi-dimensional innovation system through proprietary R&D, investment incubation, patents and cooperative introduction of innvotive products. Directly focus on family scenario, take the lead in the global innovation field, create good products of Fosun with high competitiveness. Health Technology Smart Technology First self-developed & commercialized biosimilar in China Leading AI medical technology company World's leading immunotherapy treatment against cancer (CAR-T) MIIT’s Intelligent manufacturing Cooperate with world’s leading mRNA tech Investment in Innovation demonstration point company in developing COVID-19 vaccine Creative Design ~30% World’s leading flexible production line solution provider of Total Profit Before Tax Leading domestic handmade crafts platform The oldest French luxury couture house that remains active 16
Globalization France U.K. Germany Israel Belgium China Profound industrial Club Med Silver Cross Tom Tailor Sisram Med IGI Fosun Pharma development in more than 20 LANVIN Wolverhampton H&A AHAVA Henlius Footprints countries and regions across St Hubert Wanderers NAGA Austria Sinopharm five continents in the world Djula Resolution Property Koller Wolford Starcastle Senior Living Tridem Thomas Cook FFT Yuyuan Inc. Russia Fosun Tourism Fosun Eurasia Atlantis Sanya About 40% of the revenue in BFC 2019 generated from Canada PeakRe Businesses Cirque du Soleil Nanjing Iron & Steel overseas countries or regions Fosun Hani Pramerica Fosun Life Insurance U.S. St. John Set up “Shanghai-Silicon Valley” Studio 8 Japan 28 Liberty Tomamu global innovative twin AmeriTrust Innovation headquarters, forming an The Court interactive and integrated IDERA Mirai pharmaceutical R&D system in Peru China, the United States, India, etc. La Positiva Brazil Italy Portugal Cote d’ivoire India Australia More than 10 overseas partners Talents Rio Bravo Caruso Luz Saúde Guilin Pharmaceutical Gland Pharma Roc Oil among over 110 global partners Guide THE MEDLAN Fidelidade Delhivery BCP Ahuja Kissht 17
Talents – The Most Valuable Asset of Fosun Share the fruits and progress together over Fosun global partnership model with a regular rotation to • Our elite management team: involve in each project, sector and region More than 10 overseas global partners coming from countries including Portugal, France, Germany, • GLOCAL: the United Kingdom, Japan, India, etc. Attract people by development, appraise people over performance, train people through works, and • Our talent development strategy: unite people with career opportunities 18
* As of 31 December 2019 unless otherwise specified
Being a Responsible Global Citizen Self-improvement, Teamwork, Performance, Contribution to Society Responsible Industry Operator Responsible Investor • Shanghai Henlius developed “Hanlikang® ”, which • Continue to increase investment in 汉曲优 became the first biosimilar approved in the PRC; green products and cleaning and its second product ® (Zercepac® in the technology, accumulated amount 【MSCI ESG rating】A EU) becomes the first Chinese mAb biosimilar of investment in cleaning entering both the EU and China market 【Hang Seng Corporate Sustainability Index】 A+ technology: over RMB4 billion 【China’s CSR Leading Index Top 60】 No.47 Responsible Global Citizen Responsible Employer • Cover 15 provinces, municipalities and autonomous regions in China and 70 poverty-stricken counties, and safeguard 22,192 rural doctors and about 3 million poor families 【 】 • Accumulated staff training hours: 1,310,600 hours • Global Youth Start-up Acceleration Program has received applications from 42 countries and 12 • LinkedIn’s Top Companies to Work for in China awarded teams received fundings 4th place 【 】 • Fosun Foundation (Shanghai) held 4 major exhibitions and 150+ public education activities 【 】 • Liepin Extraordinary Employer – Innovation 2019 • Zhaopin Best Employer 2019 during the year • Pramerica Fosun Spirit of Community Awards has received approximately 4,500 effective applications from middle and high school students in 7 years since 2013 of which 300+ won the prize 20
Fosun for Good Rural Doctor Poverty Alleviation • Cover 15 provinces, municipalities and autonomous regions in China and 70 poverty-stricken counties • Assist 12,545 health centers in administrative villages • Safeguard 22,192 rural doctors and about 3 million poor families • Establish “Rural Doctor Guardian Alliance” with 40+ enterprises Arts & Culture Protechting – Global Youth Start-up Acceleration Program • Received 887 applications from 42 countries in 4 years Poverty Youth • 12 awarded programs entered into incubation in Fosun Since 2012 to the end of 2019 Entrepre- Alleviation Charitable donations • Won 3 international awards in recognition of its corporate social reached neurship responsibility RMB426 million Fight against malaria in Africa to support over • Donated US$350,000 anti-malaria drugs to Africa 40 projects every year • Provided over 150 million artesunate injections in the past 6 years • Benefited over 25 million patients with severe malaria, most of whom were under 5 Education Health Fosun Foundation (Shanghai) Pramerica Fosun Spirit of Community • 4 Major exhibitions Awards • 150+ Public education activities • Introduced the youth volunteering service recognition program • 700,000+ Visitors from the United States to China and connect Chinese youth charitable activities to the rest of the world since 2013 • Received approximately 4,500 effective applications from middle and high school students in 7 years of which 300+ won the prize 21
Fight Against COVID-19: Global Capability, Global Responsibility 22
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