Huize Holding Limited announced that it has partnered with Hongkang Life Insurance Co. Ltd. to launch ?Jin Man Yi Zu No.5?, a customized retirement annuity insurance product. This new addition to the ?Jin Man Yi Zu?

series combines family wealth management with retirement planning. ?Jin Man Yi Zu No.5? is distinguished by three key points: i) high return: the cash value and annuity payout are specified in the insurance contract, with options for a 10-year or 20-year payout period; ii) substantial flexibility: customers have options to choose the annuity payout commencement date, payout methods, and payout period, with coverage available up to age 106; and iii) low eligibility threshold: no health declaration required, no occupational exclusions, and the minimum annual premium is RMB 1,000.