CNinsure Named '2007 Most Influential Insurance Intermediary Brand'
January 28 2008 - 4:00AM
PR Newswire (US)
GUANGZHOU, China, Jan. 28 /Xinhua-PRNewswire-FirstCall/ -- CNinsure
Inc. (NASDAQ:CISG), a leading independent insurance agency and
brokerage company operating in China, today announced that it has
been named the '2007 Most Influential Insurance Intermediary Brand'
at the 2007 Huaxia Institutional Investor Conference & Huaxia
Finance Wrap-up Awards. The event was co- organized by the China
Times, Huaxia Money Weekly and the China Finance Research Center of
Beijing University. Commenting on this event, Yinan Hu, CNinsure's
Chairman and Chief Executive Officer, said, 'We are honored to
receive this renowned award. It reflects an acknowledgement of
CNinsure's value and services by our insurance partners and
customers. We believe CNinsure's brand will contribute more and
more to facilitating our acquisition and internal integration. By
executing our growth strategies, we expect to continue our strong
growth and our leadership in the Chinese insurance intermediary
industry.' About CNinsure Inc. CNinsure is a leading independent
insurance agency and brokerage company operating in China.
CNinsure's distribution network reaches some of China's most
economically developed regions and affluent cities. The company
distributes a wide variety of property and casualty and life
insurance products underwritten by domestic and foreign insurance
companies operating in China and provides insurance-related
services. Forward-looking Statements This press release contains
statements of a forward-looking nature. These statements are made
under the 'safe harbor' provisions of the U.S. Private Securities
Litigation Reform Act of 1995. You can identify these forward-
looking statements by terminology such as 'will,' 'expects,'
'believes,' 'anticipates,' 'intends,' 'estimates' and similar
statements. Among other things, the management's quotations contain
forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties and are based on
current expectations, assumptions, estimates and projections about
CNinsure and the industry. Potential risks and uncertainties
include, but are not limited to, those relating to CNinsure's
limited operating history, especially its limited experience in
selling life insurance products, its ability to attract and retain
productive agents, especially entrepreneurial agents, its ability
to maintain existing and develop new business relationships with
insurance companies, its ability to execute its growth strategy,
its ability to adapt to the evolving regulatory environment in
Chinese insurance industry, and its ability to compete effectively
against its competitors. All information provided in this press
release is as of January 28, 2008, and CNinsure undertakes no
obligation to update any forward looking statements to reflect
subsequent occurring events or circumstances, or to changes in its
expectations, except as may be required by law. Although CNinsure
believes that the expectations expressed in these forward looking
statements are reasonable, it cannot assure you that its
expectations will turn out to be correct, and investors are
cautioned that actual results may differ materially from the
anticipated results. Further information regarding risks and
uncertainties faced by CNinsure is included in CNinsure's filings
with the U.S. Securities and Exchange Commission, including its
registration statement on Form F-1. DATASOURCE: CNinsure Inc.
CONTACT: Phoebe Meng, Investor Relations Officer of CNinsure Inc.,
+86- 20-6122-2730, or ; Or Oasis Qiu of Investor Relations, +86-
20-6122-2732, or
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