General Administration of Financial Supervision: it is proposed to change the exclusive commercial endowment insurance from pilot business to normal business.

[state General Administration of Financial Supervision: plans to change exclusive commercial endowment insurance from pilot business to normal business] May 25, it is understood that the State Administration of Financial Supervision and Administration has issued a notice to life insurance companies today on matters related to promoting the development of exclusive commercial endowment insurance, and intends to change the exclusive commercial endowment insurance from pilot business to normal business, which can be carried out by institutions that meet certain conditions. (Shanghai Stock Exchange News)