SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of January 2022
Commission File Number: 001-39216
Huize Holding Limited
49/F, Building T1, Qianhai Financial Centre, Linhai Avenue,
Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen 518000
People's Republic of China
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F [ X ] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
|99.1||Press Release dated January 14, 2022|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|Huize Holding Limited|
|Date: January 14, 2022||/s/ Ronald Tam|
|Co-Chief Financial Officer|
Huize Holding Limited Announces Termination of Acquisition of Shengs Life & General
SHENZHEN, China, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize” or the “Company”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced that it has notified Hubei Shengs Life & General Insurance Agency Co., Ltd. (“Shengs Life & General”) and its shareholders of the termination of the previously announced acquisition of a controlling equity interest in Shengs Life & General (the “Acquisition”). Pursuant to the transaction documents of the Acquisition, the Company is exercising its right to terminate the Acquisition with ten working days prior notice due to delays in the closing. The termination of the Acquisition will become effective on January 28, 2022. The Company will not incur any termination fees in connection with the termination of the Acquisition.
As previously announced, on September 24, 2021, the Company, through Shenzhen Zhixuan Wealth Investment Management Co., Ltd., a wholly-owned subsidiary of the Company’s consolidated variable interest entity, entered into a definitive agreement to acquire a controlling equity interest in Shengs Life & General.
About Huize Holding Limited
Huize Holding Limited is a leading digital insurance product and service platform for new generation consumers in China. Targeting the younger generation, Huize is dedicated to serving its insurance clients for their life-long insurance needs. Leveraging its online platform, Huize offers a wide variety of insurance products with a focus on long-term life and health insurance products, and empowers its insurer partners to reach a large fragmented client base in the insurance retail market efficiently and enhance their insurance sales. Huize provides insurance clients with digitalized insurance experience and services, including suitable product recommendations, consulting service, intelligent underwriting, and assistance in claim application and settlement, which significantly improve transaction experience.
For investor and media inquiries, please contact:
Investor Relations Director
+852 3180 9207
Ms. Jasmine Zhu
Phone: +852 2117 0861
Ms. Linda Bergkamp