Xinhualian will auction off 200 million shares of equity of Three Gorges Life Insurance for the fourth time.

On March 18, Jingdong auction platform once again listed 200 million shares of Three Gorges Life Insurance held by Xinhualian Holdings Limited for auction. The auction will start on April 2 with a starting price of 103.424 million yuan, equivalent to approximately 0.517 yuan per share. This is the fourth time Xinhualian Holdings has auctioned off its shares in Three Gorges Life Insurance.