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Fanhua subsidiary signs framework agreement with Ping An Health Insurance

Fanhua Insurance Sales Service Group Co. Ltd., a subsidiary of China-based Fanhua Inc., has inked a framework agreement for strategic cooperation with Ping An Health Insurance Co. of China Ltd.

Under the agreement, the two companies will collaborate on the customization and distribution of medical insurance products and work together on a wider spectrum of healthcare insurance products and services.

Fanhua Insurance Sales Service Group is an insurance agency services provider in China.

Ping An Health Insurance Co. of China is a wholly owned subsidiary of Ping An Insurance (Group) Co. of China Ltd.