TIAN RUIXIANG Holdings Ltd (TRX Insurance Brokers)

TIAN RUIXIANG Holdings Ltd. is a Cayman Islands holding company that operates as an insurance broker in China through its Variable Interest Entity (VIE), TRX ZJ (Zhejiang Tianruixiang Insurance Broker Co. LTD.), and its PRC subsidiaries. Founded in 2010 and headquartered in Beijing, China, the company's core business involves acting as an intermediary between customers and insurance carriers, generating revenue primarily from insurance brokerage services.

The company distributes a comprehensive range of insurance products, categorized into two main groups. The first includes property and casualty insurance, such as commercial property, liability, accidental, and automobile insurance. The second category encompasses other types of insurance, including health, life, and miscellaneous insurance products. TIAN RUIXIANG serves both individual and institutional customers and also provides risk management services.

Under the leadership of Chairman and CEO Zhe Wang, TIAN RUIXIANG Holdings Ltd. is currently undergoing a significant strategic transformation, pivoting towards digital assets and insurance technology. Recent initiatives include plans to acquire Bitcoin for its corporate treasury, integrate an AI-driven insurance brokerage platform, and pursue potential business combinations with leading Asia-Pacific InsurTech companies. The company, listed on the NASDAQ Capital Market, also implemented a 1-for-50 reverse stock split effective March 16, 2026, and has expanded its operations into the Hong Kong insurance brokerage market.