Wang Zhenwu is the chairman of both Kang Hua Group and China Luxury Life?

That's true. Kang Hua Group was founded by Wang Zhenwu in 2006. In 2009, it was awarded the first insurance agency license in China by the former China Insurance Regulatory Commission. At present, it has nearly 50,000 agents in more than 200 cities across the country, and is a large-scale comprehensive institution with leading strength in the fields of insurance sales, wealth management and investment. Wang Zhenwu was also one of the main founders of Huagui Life Insurance, and served as the chairman after the establishment of Huagui Life Insurance.