Huize announces definitive agreement to acquire leading regional insurance agency shengs life & general

Shenzhen, china, sept. 24, 2021 (globe newswire) -- huize holding limited, (“huize” or the “company”, together with its subsidiaries, its consolidated variable interest entity and the subsidiaries of the consolidated variable interest entity the “group”) (nasdaq: huiz), a leading digital insurance product and service platform for new generation consumers in china, today announced that the group, through shenzhen zhixuan wealth investment management co., ltd. (“zhixuan investment”), a wholly-owned subsidiary of the group's consolidated variable interest entity, has entered into a definitive agreement to acquire a controlling equity interest in hubei shengs life & general insurance agency co., ltd. (“shengs life & general”), one of the leading regional insurance agency groups dedicated to distributing life and health insurance products.
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