Zhongan Online CEO, Jiang Xing: The company will transition from jointly operating car insurance to independently operating in the future.

At the 2025 Mid-term Performance Release Conference of Zhongan Online held on the afternoon of August 20, General Manager Jiang Xing mentioned the auto insurance operating model, stating that in addition to the national joint commercial auto insurance operating model, the company has already completed the independent operation of compulsory insurance in Shanghai and Zhejiang in the first half of 2025. Especially in Shanghai, the independent operation of commercial auto insurance has been initiated. Zhongan Online will transition from the previous joint operating model to their own independent operating model in the future.