Is Fude Insurance Company formal?

1. I think Fude Insurance Company is formal and established with the approval of the China Insurance Regulatory Commission.

Fude Insurance Company was established on March 4th, 2002. Its headquarters is now located in Shenzhen, and its shareholders are invested by domestic and foreign enterprises.

3. Its customers include China Petrochemical Co., Ltd., China Mobile Communications, China Bank, China Industrial and Commercial Bank, China Construction Bank, China Agricultural Bank and China Merchants Bank.