AsiaInfo Services - TIANPING AUTO INSURANCE PLANS FOR LISTING

AsiaInfo Services

05-23-2007

Tianping Auto Insurance Plans for Listing

SHANGHAI, May 23, 2007 (SinoCast via COMTEX) — Tianping Auto Insurance Co., Ltd., China’s first auto insurance company, is said to prepare for listing currently, and introduce strategic investors within 2007.

An insider disclosed that the company has got in touch with certain strategic investors recently, while the preparatory work for listing has been on a smooth way.

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However, the detailed listing time, stock bourse is not known for the time being.

As early as the inception of this year, Tianping had …

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