[ET Net News Agency, 30 December 2019] PICC Property and Casualty Company Limited
(02328) said it will acquire 92.71% equity interest of ZSIB held by PICC Group. The
consideration of the equity transfer is RMB236.42 million.
The principal businesses of ZSIB include direct insurance brokerage, reinsurance
brokerage, risk assessment and consultancy, as well as other businesses approved by PRC
insurance regulatory authorities. (RC)