Yes.

1. Hengbang Insurance has registered a trademark with the Industrial and Commercial Bureau, has legal business rights, has good service quality, and has won unanimous recognition from the market.

2. Hengbang Insurance has been formally approved by the China Insurance Regulatory Commission. It is a provincial key company determined by the Jiangxi Provincial Party Committee and the Provincial Government, and the Jiangxi Provincial Department of Finance performs the duties of a state-owned financial capital investor. State-owned financial institutions are formal large companies.