Suning Insurance Sales Company was jointly established by Suning Shangyun and Suning Appliance, the second largest shareholder, with a registered capital of/kloc-0.20 billion yuan. Among them, Suning Shang Yun contributed RMB 90 million, accounting for 75% of the total capital. The company's business will include selling insurance products as agents throughout the country (except Hong Kong, Macao and Taiwan); The agent collects the insurance premium; Acting as an agent for loss investigation and settlement of related insurance business; Other businesses approved by China CIRC.