BEIJING, Aug. 13, 2021 /PRNewswire/ -- TIAN RUIXIANG
Holdings Ltd (Nasdaq: TIRX) (the "Company"),
a China-based insurance broker, announced today it has entered
into a strategic cooperation
agreement (the "Agreement") with Beijing Puyuan Technology Co.,
Ltd.("BPTC"), an innovative financial service platform solution provider
in China, on August 2, 2021, to develop its intelligent sales and customer service
systems.
Pursuant to the Agreement, the Company agrees to give BPTC
access to its insurance management
platform, and BPTC agrees to provide the Company with customized
artificial intelligence development services and assist the Company
in building its intelligent customers service and sales systems.
The parties may enter into separate service contracts in the future
to determine the specific terms and services to be provided under
the Agreement.
Mr. Zhe Wang, Chairman of the board of the directors and
Chief Executive Officer of the Company, commented, "We are excited
to partner with BPTC as we continue to make progress in our
long term strategy of upgrading and optimizing our systems to provide customers
with more value-added services. We plan to build our own intelligent sales and customer service
system which can help maximize profitability, increase operation
efficiency, and improve customers satisfaction. Looking forward, we
expect to seize the opportunity presented by the accelerating
digital transformation of the insurance industry, and utilize our
cooperation with BPTC to deliver more products and services
for our customers."
About Beijing Puyuan Technology Co., Ltd.
Established in February 2019,
Beijing Puyuan Technology Co., Ltd. engages in exploring and deepen
the practice and application of technology in financial
institutions. The founding team of BPTC all graduated from top tier
universities in China and aboard
including Tsinghua University and Chinese Academy of Sciences. They
have many years of working experience in domestic and foreign
financial institutions and first-line Internet companies, and have
in-depth understanding and practical experience in quantitative
trading, artificial intelligence and associated fields. BPTC has
built a number of products including the Caiduoyi Wealth Integrated
Service Platform, Prism Investment Advising Exhibition System,
Prism Smart Wealth Management Robot and Traderslink Quantitative
Trading System. BPTC provides wealth institutions with a complete
solution from investment research to transaction, from customer
acquisition to conversion, which improves the service efficiency of
investment advisory services and improves the comprehensive
experience of investors. For more information, visit the company's
website at https://www.puyuan.tech/index.
About TIAN RUIXIANG Holdings Ltd
TIAN RUIXIANG Holdings Ltd, headquartered in Beijing,
China, is an insurance broker
operating in China. It distributes a wide range of insurance
products, which are categorized into two major groups: (1) property
and casualty insurance, such as automobile insurance, commercial
property insurance, liability insurance; and (2) life insurance,
such as individual and group life insurances. Additionally, the
Company also provides risk management services to institutional
customers. For more information, visit the company's website
at http://ir.tianrx.com/.
Forward-Looking Statements
All statements other than statements of historical fact in
this announcement are forward-looking statements. These
forward-looking statements involve known and unknown risks and
uncertainties and are based on current expectations and projections
about future events and financial trends that the Company believes
may affect its financial condition, results of operations, business
strategy and financial needs. Investors can identify these
forward-looking statements by words or phrases such as "may,"
"will," "expect," "anticipate," "aim," "estimate," "intend,"
"plan," "believe," "potential," "continue," "is/are likely to" or
other similar expressions. The Company undertakes no obligation to
update forward-looking statements to reflect subsequent occurring
events or circumstances, or changes in its expectations, except as
may be required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual
results may differ materially from the anticipated results and
encourages investors to review risk factors that may affect its
future results in the Company's registration statement and in its
other filings with the SEC.
For investor and media enquiries, please
contact:
TIAN RUIXIANG Holdings Ltd
Investor Relations
Department
Email: ir@tianrx.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1 917-609-0333
Email: tina.xiao@ascent-ir.com
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SOURCE TIAN RUIXIANG Holdings Ltd
