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515 Fosun Family Day Sets Off Consumption Boom With Cumulative Sales of Nearly RMB10 Billion

Fosun s Innovative Achievements Continue to Make Breakthroughs

Thanks to its Robust Global Ecosystem, Fosun's Various Business Segments Continue to Achieve Growth HONG KONG, June 21, 2022 /PRNewswire/ With the resumption of work, production, and business operations in Shanghai, the 4th 515 Fosun Family Day, which has been ongoing for more than a month, ushered in the climax during the 18 June (618) shopping festival. During the 618 shopping festival, the overall sales of consumer brands under Fosun increased by 35% year-on-year, of which the jewelry category saw a year-on-year increase of 76%, sales of more than ten brands such as Yayi, Songhelou and Jinhui Liquor grew by more than 100% compared to the previous year, and a number of blockbuster products were launched. From 18 to 19 June, various consumer brands under Fosun, including Laomiao, Shanghai Watch, Tuopai Baijiu, Mid-Lake Pavilion, and Ocean Glam, all joined livestream shopping to give back to consumers. In addition, after the resumption of dine-in services in Shanghai, Yuyuan Food

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