Zhongmiao Holdings announced that the company has signed a strategic cooperation agreement with Zhongan Online Property Insurance Co., Ltd. to establish a long-term strategic cooperative relationship. The two sides will rely on the Group's scenario resources and digital operation advantages in the digital industry, robotics, new energy, etc., and combine Zhongan Online's product innovation and insurance technology capabilities to jointly expand the insurance market. The cooperation includes opening up diversified insurance scenarios, building an intelligent insurance platform covering the entire process from risk assessment to smart claims, and customizing exclusive Internet insurance products. The board of directors believes that this move will help upgrade the closed loop of business and enhance scenario-based product customization and digital operation capabilities. The agreement is only a preliminary cooperation intention, does not constitute a substantive right or obligation, and is subject to subsequent formal agreement implementation.

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