 SHENZHEN, China, Aug. 24, 2021 GLOBE NEWSWIRE -- Huize Holding Limited, Huize, the Company or we, together with its subsidiaries, its consolidated variable interest entity and the subsidiaries of the consolidated variable interest entity the Group NASDAQ: HUIZ, a leading digital insurance product and service platform for new generation consumers in China, today announced that the Group has entered into a binding memorandum of understanding to acquire a controlling equity interest in Hubei Shengs Life General Insurance Agency Co., Ltd. Shengs Life General, one of the leading regional insurance agency groups dedicated to distributing life and health insurance products. 