Why doesn't Tongfang Global Life have a business license in Hunan?

Because Tongfang Global Life did not apply for a business license to open a branch in Hunan. Tongfang Universal Life Insurance is a Sino-foreign joint venture life insurance company jointly funded by Shanghai Tongfang Zhoushan Port Logistics Co., Ltd. and Spain Universal Life Insurance Company. Its headquarters is located in Shanghai, and there are many branches all over the country, but there is no branch in Hunan. So it may be because Tongfang Global Life did not apply for a business license to open a branch in Hunan, so it did not have a business license in Hunan.