2101 fundamentals

Fulu Holdings Ltd. operates as an investment holding company, which engages in the provision of services to facilitate virtual goods transactions. It operates through the following segments: Leisure and Entertainment, Games, Telecommunications, Lifestyle, and Corporate Welfare. The Leisure and Entertainment segment includes Alibaba Cloud Drive, WeSing, Xigua Video, Xiaomi Film & TV Member, etc. The Games segment focuses on tapping overseas markets and entering the field of live streaming e-commerce, which have brought new expansion of the business. The Telecommunications segment transactions facilitated decreased by 59.8% from RMB12,856,955 thousand in 2021 to RMB5,168,140 thousand in 2022. The Lifestyle segment refers to the Yonghui Superstores, Pupu Mall, Watsons, Vipshop, Chabaidao, etc. The Corporate Welfare segment achieved gratifying development, and it has been rapidly deployed in super first-tier and first-tier cities across the country within just one year. The company was founded by Fu Xi in 2009 and is headquartered in Wuhan, China.