TIAN RUIXIANG Holdings Ltd Steps into Healthcare Management Industry

TIAN RUIXIANG Holdings Ltd, a China-based insurance broker, announced that the Company plans to explore and expand into healthcare management industry.

The Company plans to cooperate with governments, insurance companies, data companies, pharmaceutical companies, and medical management companies to  explore the Chinese healthcare management market. Through such cooperation, the Company intends to grasp the needs of high-net-worth families, obtain key healthcare management data, and focus on the development of anti-cancer management and healthcare management for the elderly population in China.

Mr. Zhe Wang, Chairman and Chief Executive Officer of the Company, commented, "We intend to utilize our experience in the insurance sector to expand into healthcare management industry.  With the favorable government policies, such as the 'three-child' policy, and the trend of China's growing aging population, it is expected that the demand for healthcare management services will increase. We believe our plan to explore and expand into the healthcare management industry is in line with the social and macro environment  development in China, and will create long-term value to our shareholders."

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.