BEIJING, Nov. 24, 2021 /PRNewswire/ -- TIAN RUIXIANG
Holdings Ltd (Nasdaq: TIRX) (the "Company"),
a China-based insurance broker, announced today that it has
entered into a strategic cooperation agreement (the "Agreement")
with Yunnan Anhua Disaster Prevention and Mitigation Technology
Co., Ltd. (" Yunnan Anhua"), to explore business opportunities in
disaster mitigation and risk management in Yunnan province, China. Yunnan Anhua specializes in disaster
assessment, risk model technology development, disaster prevention
and mitigation technology innovation, and risk protection products
designing.
Pursuant to the Agreement, both parties agreed to jointly
develop risk management related consulting and training services.
Both parties also agreed to establish a professional service team
to execute in-depth strategic cooperation in insurance
broker-related business, insurance plan framework, and insurance
management business, including but not limited to: liability
insurance for carbon emission reduction of Electronic Toll
Collection ("ETC"), and industry database think tanks.
Mr. Zhe Wang, Chairman of the board of the directors and
Chief Executive Officer of the Company, commented, "We're pleased
to cooperate with Yunnan Anhua and plan to set up a provincial
branch in Yunnan province in the
near future. One of the Company's core growth strategies is to
establish branches and contribute to regional economic development
in the fast growing economic regions in China. This strategic
cooperation agreement is the result of the Company's effort to
expand its business to the southwest market in China. Looking forward, we are confident to
provide our customers with better products and services by
leveraging our expertise in risk management."
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
Certain statements 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
View original
content:https://www.prnewswire.com/news-releases/tian-ruixiang-holdings-ltd-enters-into-strategic-cooperation-agreement-with-yunnan-anhua-disaster-prevention-and-mitigation-technology-co-ltd-301431359.html
SOURCE TIAN RUIXIANG Holdings Ltd