BEIJING, Aug. 30,
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 the People's Government of Shilipu
Township, Daguan District, Anqing City in the southwest of
Anhui province ("Shilipu Township
Government") to expand its insurance brokerage business.
Pursuant to the Agreement, the Company intends to establish an
independent assessment company and conduct insurance brokerage
business in Daguan District, Anqing City, and the Shilipu Township
Government agrees to provide the Company with preferential policy
treatment including tax incentives and facility support.
Mr. Zhe Wang, Chairman of the board of the directors and
Chief Executive Officer of the Company, commented, "We thank the
Silipu Township Government for its strong support and look forward
to expanding our insurance brokerage business into Daguan District,
Anqing City. We will continue to seize opportunities to further
expand our insurance brokerage services and develop our
business."
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
