CNinsure Announces Rescheduled Date for First Quarter 2009 Earnings Release and Conference Call
April 29 2009 - 5:00AM
PR Newswire (US)
GUANGZHOU, China, April 29 /PRNewswire-Asia-FirstCall/ -- CNinsure
Inc. (NASDAQ:CISG), a leading independent insurance intermediary
company operating in China, today announced that it has rescheduled
the date for the release of its first quarter 2009 financial
results to May 26, 2009, after the close of the U.S. financial
market. Yinan Hu, Chairman & CEO and Peng Ge, CFO will host a
conference call to discuss the first quarter 2009 results at: Time:
9:00 pm Eastern Standard Time on May 26, 2009 or 9:00 am
Beijing/Hong Kong Time on May 27, 2009 The Toll Free dial-in
numbers: United States: +1-866-549-1292 United Kingdom:
0808-234-6305 Canada: +1-866-8691-825 Singapore: 800-852-3576
Taiwan: 0080-185-6004 China (Mainland): 8007-011-223 Hong Kong
& Other Areas: +852-3005-2050 China (Mainland) local dial-in
number: 400-681-6949 Password: 885507# A replay of the call will be
available for three days as follows: +852-3005-2020 (Hong Kong
& other areas) PIN number: 136443# Additionally, a live and
archived web cast of this call will be available at:
http://www.corpasia.net/us/CISG/irwebsite/index.php?mod=event About
CNinsure Inc. CNinsure is a leading independent intermediary
company operating in China. CNinsure's distribution network reaches
many 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 claims adjusting as well as other 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
and the Business Outlook section 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 the Chinese
insurance industry, its ability to compete effectively against its
competitors, quarterly variations in its operating results caused
by factors beyond its control and macroeconomic conditions in China
and their potential impact on the sales of insurance products. All
information provided in this press release is as of April 29, 2009,
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 annual report on Form 20-F. DATASOURCE:
CNinsure Inc. CONTACT: Oasis Qiu at +86-20-6122-2777 x850 or Web
site: http://www.corpasia.net/us/CISG/irwebsite/index.php?mod=event
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