M&A Deal Summary

AIFU Acquires Dongguan Zhongxin Insurance Agency Co.

On August 31, 2011, AIFU acquired insurance company Dongguan Zhongxin Insurance Agency Co. from Chengdu Jingshi Investment Co.

Acquisition Highlights
  • This is AIFU’s 3rd transaction in the Insurance sector.
  • This is AIFU’s 3rd transaction in China.

M&A Deal Summary

Date 2011-08-31
Target Dongguan Zhongxin Insurance Agency Co.
Sector Insurance
Buyer(s) AIFU
Sellers(s) Chengdu Jingshi Investment Co.
Deal Type Divestiture

Target

Dongguan Zhongxin Insurance Agency Co.

China
Dongguan Zhongxin Insurance Agency Co., Ltd. is a provider of insurance services.

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Buyer(S) 1

Buyer

AIFU

Guangzhou, China

Category Company
Founded 1998
Sector Insurance
Employees4,707
Revenue 1.8B CNY (2024)
DESCRIPTION

AIFU is a provider of financial products and services to individuals and businesses including property and casualty and life insurance products, wealth management products, and consumer finance services. AIFU was incorporated in 1998 and is based in Guangzhou, China.


DEAL STATS #
Overall 3 of 4
Sector: Insurance M&A 3 of 4
Type: Divestiture M&A Deals 2 of 2
Country: China M&A 3 of 4
Year: 2011 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-31 Guangzhou Huajie Insurance Agency Co.

Guangzhou, China

Guangzhou Huajie Insurance Agency Co., Ltd. is a provider of insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-06 Jilin Zhongji Shi’An Insurance Agency

Jilin Province, China

Jilin Zhongji Shi’An Insurance Agency is an insurance agency. Jilin Zhongji Shi’An Insurance Agency is based in Jilin Province, China.

Buy -

Seller(S) 1

SELLER

Chengdu Jingshi Investment Co.

China

Category Company
Sector Insurance
DESCRIPTION

Chengdu Jingshi Investment Co., Ltd. is a provider of insurance products.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: China M&A 2 of 2
Year: 2011 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-31 Guangzhou Huajie Insurance Agency Co.

Guangzhou, China

Guangzhou Huajie Insurance Agency Co., Ltd. is a provider of insurance services.

Sell -