633 million shares of China United Property Insurance held by Zhongrong Xinda will be auctioned
According to Alibaba's auction, Zhongrong Xinda Group Co., Ltd. holds about 633 million shares of China United Property Insurance Co., Ltd., with an estimated value of more than 1 billion yuan. The shares will be auctioned by Beijing Second Intermediate People's court from 10:00 on July 2 to 10:00 on July 3. Zhongrong Xinda was formerly known as Shandong Coking Group. Due to the needs of transformation and upgrading and business development, it gradually transformed from a single traditional production-oriented enterprise to a super large comprehensive enterprise, and changed its name to Zhongrong Xinda in March 2016.
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