TIAN RUIXIANG Holdings Ltd's Subsidiary Enters into Sale and Purchase Agreement for Licensed Insurance Broker in Hong Kong
- BEIJING, Feb. 14, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that TRX HongKong Investment Limited (“TRX HongKong”), a wholly-owned subsidiary of the Company, has entered into a sale and purchase agreement (the “SPA”) to acquire Peak Consulting Services Limited (the “Target") from Yuefu Company Limited (the “Vendor”), the sole shareholder of the Target. The Target is a licensed insurance brokerage in Hong Kong. This strategic acquisition represents a milestone in the Company's business to expand into the Hong Kong insurance brokerage market.
- 02/14/2024
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TIAN RUIXIANG Holdings Ltd Enters into Memorandum of Understanding to Acquire Licensed Insurance Broker in Hong Kong
- BEIJING, Jan. 08, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that TRX HongKong Investment Limited (“TRX HongKong”), a wholly-owned subsidiary of the Company, has entered into a Memorandum of Understanding (the “MoU”) to acquire Peak Consulting Services Limited (the “Target”), a licensed insurance brokerage in Hong Kong. The proposed acquisition demonstrates the Company's strategic vision to expand into the Hong Kong insurance brokerage market.
- 01/08/2024
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TIAN RUIXIANG Holdings Ltd Receives Nasdaq Notice of Deficiency Regarding Minimum Bid Price Requirement
- BEIJING, Dec. 05, 2023 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that on November 30, 2023, it received a written notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), indicating that the Company is not in compliance with the minimum bid price requirement of US$1.00 per share under the Nasdaq Listing Rules (the "Listing Rules"). Based on the closing bid price of the Company's Class A ordinary shares for the last 30 consecutive business days from October 17, 2023 to November 29, 2023, the Company no longer meets the minimum bid price requirement set forth in Listing Rule 5550(a)(2). The Notice does not impact the Company's listing on the Nasdaq Capital Market at this time. In accordance with Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until May 28, 2024, to regain compliance with Listing Rule 5550(a)(2). To regain compliance, the Company's Class A ordinary shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by May 28, 2024, the Company may be eligible for additional time to regain compliance or may face delisting.
- 12/05/2023
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Why Is Tian Ruixiang (TIRX) Stock Up 53% Today?
- Tian Ruixiang (NASDAQ: TIRX ) stock is rising higher on Monday after the insurance broker company revealed a share transfer Unitrust Holdings Limited has obtained a 61.22% stake in Tian Ruixiang after acquiring shares from Wang Investor Co. Ltd. That saw it obtain 106,500 Class A shares for $10,000 and 250,000 Class B shares for $15,000.
- 08/21/2023
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Why Is Tian Ruixiang (TIRX) Stock Down 3% Today?
- Tian Ruixiang (NASDAQ: TIRX ) stock is slipping on Tuesday morning despite a lack of news from the Chinese insurance brokerage services company. Tian Ruixiang shares aren't seeing much in the way of trading this morning with only about 2,000 shares having traded hands.
- 05/30/2023
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How to Spot Market Trends When Trading Penny Stocks
- Use these tips to spot trends with penny stocks The post How to Spot Market Trends When Trading Penny Stocks appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 05/03/2023
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Small-cap Chinese stocks spark meme-like buzz
- Small-cap Chinese stocks have been attracting plenty of attention in recent days, according to data from Stocktwits, a social platform for investors and traders.
- 05/02/2023
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Insurance Stocks Moving In Friday's Intraday Session - Bright Health Gr (NYSE:BHG), FedNat Holding (NASDAQ:FNHC), Fanhua (NASDAQ:FANH), Universal Insurance Hldgs (NYSE:UVE), RenaissanceRe Holdings (NYSE:RNR), Conifer Holdings (NASDAQ:CNFR), SelectQuote (NYSE:SLQT), Huize Holding (NASDAQ:HUIZ), NI Holdings (NASDAQ:NODK), Tian Ruixiang Holdings (NASDAQ:TIRX), ProAssurance (NYSE:PRA), HCI Group (NYSE:HCI)
- According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.
- 09/30/2022
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TIRX Stock: Why It Increased
- The stock price of Tian Ruixiang Holdings Ltd (NASDAQ: TIRX) increased by 7.69% yesterday. This is why it happened.
- 10/14/2021
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TIAN RUIXIANG Holdings Ltd Enters into Cooperation Agreement with Anqing Daguan Shilipu People's Government to Expand Its Insurance Brokerage Business
- 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.
- 08/30/2021
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TIAN RUIXIANG Holdings Ltd Receives Insurance Customer Experience Award
- BEIJING, Aug. 18, 2021 /PRNewswire/ -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX ) (the "Company"), a China-based insurance broker received the Insurance Customer Experience Award (the "Award") in the 4th China Insurance Analytics and AI Innovation Summit 2021 held in Shanghai, China on August 17-18 th, 2021 (the "Event"). The Event was endorsed by the International Insurance Society, an organization that aims to provide a platform for both private and public stakeholders to promote resilience, drive innovation, and stimulate the development of markets.
- 08/18/2021
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TIAN RUIXIANG Holdings Ltd Partners with Beijing Puyuan Technology Co., Ltd. to Develop Intelligent Sales and Customer Service Systems
- BEIJING, Aug. 13, 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 Beijing Puyuan Technology Co., Ltd.("BPTC"), an innovative financial service platform solution provider in China, on August 2, 2021, to develop its intelligent sales and customer service systems.
- 08/13/2021
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TIAN RUIXIANG Holdings Ltd Reports Financial Results for the Six Months Ended April 30, 2021
- BEIJING, Aug. 10, 2021 /PRNewswire/ -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker, announced today its unaudited financial results for the six months ended April 30, 2021. Mr. Zhe Wang, Chairman of the board of the directors and Chief Executive Officer of the Company, commented, "During the first half of the fiscal year 2021, we delivered significant growth as our revenue increased by 131.3% to $1.64 million, compared to the same period of the fiscal year 2020.
- 08/10/2021
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TIRX Stock Price Increases Over 6% Pre-Market: Why It Happened
- The stock price of Tian Ruixiang Holdings Ltd (NASDAQ: TIRX) increased by over 6% pre-market. This is why it happened.
- 06/18/2021
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TIRX Stock Price Increases Over 10% Pre-Market: Why It Happened
- The stock price of TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) increased by over 10% pre-market. This is why it happened.
- 06/17/2021
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TIAN RUIXIANG Holdings Ltd Signs Strategic Cooperation Agreement with Anhui Anqing Road Transport Administrative Center
- BEIJING, June 17, 2021 /PRNewswire/ -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker, announced today that it entered into a comprehensive strategic cooperation agreement with Anqing Road Transport Administrative Center of Anhui Province ("the "Agreements") on June 15, 2021. Pursuant to the Agreement, the Company will provide Anqing Road Transport Administrative Center with professional risk management services.
- 06/17/2021
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TIAN RUIXIANG Holdings Ltd Announces Initial Closing of Follow-on Public Offering
- BEIJING, June 07, 2021 /PRNewswire/ -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker, announced today the initial closing of its previously announced best-effort follow-on public offering for the sale of up to 4,800,000 units offered by the Company at a purchase price of US$7.50 per unit. The initial closing of 2,000,000 units for aggregate gross proceeds of US$15 million, was made pursuant to the terms of a Securities Purchase Agreement between the Company and several institutional investors, dated June 2, 2021.
- 06/07/2021
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TIAN RUIXIANG Holdings Ltd Announces Pricing of Follow-on Public Offering
- BEIJING, June 3, 2021 /PRNewswire/ -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker, announced today the pricing of its best-effort follow-on public offering of up to 4,800,000 units at a purchase price of US$7.50 per unit. Each unit consists of one Class A ordinary share of the Company, and one warrant to purchase one Class A ordinary share of the Company.
- 06/03/2021
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TIAN RUIXIANG Holdings Ltd Signs Insurance Brokerage Services Agreement for Cooperation in Cancer Prevention Insurance
- BEIJING, May 26, 2021 /PRNewswire/ -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker, announces today that it has been commissioned by Zhongkang Yiyang (Beijing) Health Technology Co., Ltd.("Zhongkang"), a company providing technology and health management related services, to develop and launch the "Zhongkang Huimin Cancer Prevention Insurance", a specialty health insurance product relating to cancer prevention and treatment to be offered to residents in Mainland China.
- 05/26/2021
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TIAN RUIXIANG Holdings Ltd Regains Compliance with NASDAQ's Listing Requirement
- BEIJING, April 29, 2021 /PRNewswire/ -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker, announced today that it received a notice from the Nasdaq Stock Market LLC ("Nasdaq"), indicating that the Company has regained compliance with the Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of periodic reports with the U.S. Securities and Exchange Commission ("SEC"). On April 26, 2021, the Company filed its Annual Report on Form 20-F for the fiscal year ended October 31, 2020 with the SEC.
- 04/29/2021
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TIRX Stock: Over 19% Increase Pre-Market Explanation
- The stock price of Tian Ruixiang Holdings Ltd (NASDAQ: TIRX) is trading at over 19% during pre-market trading. This is why it happened.
- 04/27/2021
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TIAN RUIXIANG Holdings Ltd Reports Fiscal Year 2020 Financial Results
- BEIJING, April 26, 2021 /RPNewswire/ -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker, announced today its financial results for the fiscal year ended October 31, 2020. Fiscal Year 2020 Financial Highlights For the Years Ended October 31, ($'000, except per share data) 2020 2019 % Change Revenue $3,249 $2,002 62.3% Operating expenses $2,689 $1,900 41.6% Income from operations $560 $103 445.6% Operating margin 17.2% 5.1% 12.1% Net income attributable to TIRX ordinary shareholders $634 $176 260.7% Earnings per share $0.13 $0.04 225.0% Revenue increased by 62.3% to $3.25 million for the fiscal year 2020, primarily attributable to the growth of our business resulting from the increase in the number of our sales professionals and activities.
- 04/26/2021
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TIAN RUIXIANG Holdings Ltd Receives Notice from Nasdaq Related to Delayed Filing of Annual Report on Form 20-F
- BEIJING, April 21, 2021 /RPNewswire/ -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker, announced today that on April 21, 2021, it received a notice (the "Notice") from the Nasdaq Stock Market LLC ("Nasdaq"), indicating that, as a result of not having timely filed its Annual Report on Form 20-F (the "Form 20-F") for the fiscal year ended October 31, 2020, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission. The Notice has no immediate impact on the listing of the Company's securities, which will continue to trade on Nasdaq, subject to the Company's compliance with other continued listing requirements of Nasdaq.
- 04/21/2021
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Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tuesday Morning
- Pre-market movers on Tuesday include ZOM stock, RIOT stock and AGC stock, following all sorts of big stock market news. The post Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tuesday Morning appeared first on InvestorPlace.
- 04/13/2021
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TIRX Stock: 6 Things to Know As Tian Ruixiang Plunges 80%
- Today, TIRX stock is leading all losers in the market amid an absolutely astonishing plunge of more than 80% at the time of writing. The post TIRX Stock: 6 Things to Know As Tian Ruixiang Plunges 80% appeared first on InvestorPlace.
- 04/12/2021
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