WANG ON PPT CEO Deng Haokang purchases a life insurance policy, paying an initial single premium of approximately 37.73 million yuan
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WANG ON PPT CEO Deng Haokang has taken out a life insurance policy, paying an initial single premium of approximately 37.73 million yuan. WANG ON and WANG ON PPT announced that the policyholder has received the final policy and confirmation letter from Manulife Financial. The beneficiary of the policy is Twist Pioneer, a subsidiary of WANG ON PPT. This move aims to protect the company from potential losses arising from Deng Haokang's unfortunate death and may assist the company in refinancing and negotiating bank loans
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