Reported 8 months ago
During the Nan Shan Life Insurance shareholder meeting on June 19, 2024, Chairman Yin Chongyao mentioned the company's goal of going public, emphasizing the need for proper communication with stakeholders before pushing forward, with no specific timeline set. He also shared the advantage of having over 90,000 ping of A-grade office space available for rent in the southern part of Xinyi District by 2027. The process of going public is still under discussion by the Ruantai Group, with Chairman Yin Yanliang indicating a cautious approach and a desire to hand over operational control to Chairman Yin Chongyao, without interference. Various complexities related to the company's operations and contracts are being addressed before moving towards an IPO, with the aim of gaining broad support for a smooth transition.
Source: YAHOO