China United Insurance Service To Commence Calendar Year Reporting Cycle
ZHENGZHOU, China and TAIPEI, Taiwan, Jan. 30, 2014 /PRNewswire/ -- China United Insurance Service, Inc. (CUIS) (OTCBB: CUII), a leading insurance intermediary company with operations in the People's Republic of China and Taiwan, today announced that its board of directors has approved a change in the company's fiscal year end to December 31 from June 30. The change to a calendar year-end from a fiscal year-end better aligns the company's financial reporting cycle with its business activities and budgeting process.
CUIS' 2014 fiscal year commenced on January 1, 2014 and the company will begin reporting quarterly results on a calendar-year basis. CUIS has filed an Annual Report on Form 10-K for the year ended June 30, 2013 and the company will report results for the transitional period of July 1 to December 31, 2013.
About China United Insurance Service, Inc.
China United Insurance Service, Inc. was founded in 2010 with a vision to build one of the largest financial insurance service platforms in Asia and to become a multinational enterprise by leveraging the experience of its Taiwan operations and capitalizing on China's fast-growing insurance market. CUIS offers a broad range of products and services for individuals, families, and businesses, including: brokerage services for various types of life, health, personal accident, property and casualty insurance; insurance application assistance; claims advocacy; claims accounting preparation services; disaster and loss prevention; and risk assessment/risk management consulting services and the corresponding reinsurance brokerage services. In 2012, the company consolidated both Taiwan and China's operations. By offering innovative products, continuously improving the management system and selecting the best products to meet clients' needs, CUIS aspires to become one of Asia's leading financial insurance enterprises. For more information on CUIS, please visit: http://cuis.asia/
SOURCE China United Insurance Service, Inc.