TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker, announced today that it has generated a total of RMB3.3 million (approximately US$0.5 million) in school campus liability insurance premium.  School campus liability insurance helps protect the legitimate rights and interests of students and schools, as well as maintaining normal school operations. 

In August 2021, the Company expanded its liability insurance business into the eduction sector and started providing school campus liability insurance by entering into an insurance brokerage agreement with People's Insurance Company of China Changsha Branch.  As of October 2021, the Company has generated a total of RMB3.3 million (approximately US$0.5 million) in school campus liability insurance premium from 38 education institutions, including Ningxiang City No. 1 High School, Ningxiang City No. 2 High School, and Ningxiang City Vocational Technical School.

Mr. Zhe Wang, Chairman of the board of the directors and Chief Executive Officer of the Company, commented, “Since the beginning of this school season, our school campus liability insurance business has grown tremendousely. Looking forward, we will continue to expand our core insurance brokerage business and provide school campus liability insurance to more education institutions across China.”  

About TIAN RUIXIANG Holdings Ltd

TIAN RUIXIANG Holdings Ltd, headquartered in Beijing, China, is an insurance broker operating in China. It distributes a wide range of insurance products, which are categorized into two major groups: (1) property and casualty insurance, such as automobile insurance, commercial property insurance, liability insurance; and (2) life insurance, such as individual and group life insurances. Additionally, the Company also provides risk management services to institutional customers. For more information, visit the company's website at http://ir.tianrx.com/.