CNinsure Announces Rescheduled Date for Fourth Quarter and Fiscal Year 2009 Earnings Release and Conference Call
February 26 2010 - 5:35AM
PR Newswire (US)
GUANGZHOU, China, Feb. 26 /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 financial results for the fourth
quarter and fiscal year 2009 to March 2, 2010, after the close of
the U.S. financial markets. Yinan Hu, Chairman & CEO and Peng
Ge, CFO will host a conference call to discuss the fourth quarter
and fiscal year 2009 results at: Time: 8:00 pm Eastern Standard
Time on March 2, 2010 or 9:00 am Beijing/Hong Kong Time on March 3,
2010 The dial-in numbers: United States: +1-877-538-6619 United
Kingdom: 0808-234-6305 Canada: +1-866-8691-825 Singapore:
800-852-3576 Taiwan: 0080-185-6004 Hong Kong & Other Areas:
+852-3005-2050 China (Mainland): 400-681-6949 Password: 618842# A
replay of the call will be available for 30 days as follows:
+852-3005-2020 (Hong Kong & other areas) PIN number: 147257#
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 insurance
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 February 26,
2010, 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, Investor Relations
Manager, +86-20-61222777-850, or Web Site:
http://www.corpasia.net/us/CISG/irwebsite/index.php?mod=event
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