TIAN RUIXIANG Holdings Ltd.
TIRX.US | Activities of insurance agents and brokers
Tian Ruixiang Holdings Ltd, through its subsidiaries, operates as an insurance brokerage company in China. It primarily focuses on providing insurance brokerage services, including customized insurance products and risk management solutions, to individuals and businesses. The company distributes a r...Show More
Better Health for All
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Tian Ruixiang Holdings Ltd (TIRX) is an insurance brokerage company that distributes various insurance products, including health insurance.
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The company recently acquired Ucare Inc. for US$150 million, expanding its business into AI-powered health insurance solutions.
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Ucare's platform aims to reduce avoidable healthcare expenditures by US$6.82 billion, ease the burden on patients, expand coverage, and improve access to healthcare for everyone.
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This strategic focus on health-positive offerings, particularly within its health insurance segment, indicates a modest but growing positive health impact. TIRX's core business does not involve products with established negative health outcomes, resulting in no revenue from such activities.
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While the acquisition of Ucare, an AI-driven platform, implies investment in health innovation, the articles do not provide a specific percentage of R&D budget or capital allocation dedicated to health improvement, making it impossible to score against the quantitative thresholds for health_innovation_investment. Similarly, Ucare's platform utilizes a large hospital database, but the articles do not detail specific data privacy safeguards, thus the company does not collect or manage health-related data in a way that requires specific scoring for healthcare_data_responsibility based on the provided evidence.
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Fair Money & Economic Opportunity
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No evidence available to assess TIAN RUIXIANG Holdings Ltd on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess TIAN RUIXIANG Holdings Ltd on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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TIAN RUIXIANG Holdings Ltd operates as an insurance brokerage company, providing insurance brokerage and consulting services.
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Its business model does not involve procuring or trading physical commodities, nor does it have a traditional supply chain for goods.
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Therefore, all KPIs related to fair trade and ethical sourcing, such as fair-trade certification, supply-chain audits, forced/child labor incidents, traceability, remediation processes, ethical sourcing clauses, high-risk materials, and supplier diversity spend, are not applicable to its operations.
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Honest & Fair Business
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TIRX received a notice of non-compliance from Nasdaq on March 20, 2024, due to the late filing of its 2023 Form 20-F annual report, which was originally due on October 31, 2023.
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The company has until May 20, 2024, to submit a plan to regain compliance, with a final deadline of September 10, 2024.
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Kind to Animals
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No evidence available to assess TIAN RUIXIANG Holdings Ltd on Kind to Animals.
No War, No Weapons
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No evidence available to assess TIAN RUIXIANG Holdings Ltd on No War, No Weapons.
Planet-Friendly Business
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No specific, quantifiable data points related to Tian Ruixiang Holdings Ltd's environmental performance, emissions, energy consumption, waste management, or climate initiatives were found in the provided articles.
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The articles explicitly state that sustainability data for TIRX is currently unavailable or do not contain relevant environmental metrics for the company's operations.
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Respect for Cultures & Communities
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No specific, concrete evidence was found in the provided articles regarding TIRX.US's respect for cultures and communities. The articles primarily focus on financial performance, business operations, acquisitions, and Nasdaq listing compliance, with no data points relevant to the specified KPIs.
Safe & Smart Tech
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No evidence available to assess TIAN RUIXIANG Holdings Ltd on Safe & Smart Tech.
Zero Waste & Sustainable Products
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No specific, concrete data points related to waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging to product ratio, waste reduction targets, supplier waste requirements, or customer waste education were found in the provided articles for Tian Ruixiang Holdings Ltd.
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All articles explicitly stated a lack of relevant sustainability or zero-waste data.
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