Huize to acquire leading regional insurance agency shengs life & general to accelerate its online-to-offline integration and open platform strategy

Shenzhen, china, aug. 24, 2021 (globe newswire) -- huize holding limited, (“huize”, the “company” or “we”, 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 has entered into a binding memorandum of understanding 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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