Response to Anbang Group’s Statement of April 29, 2017

Caixin Media published on April 28, 2017 the cover story “A Maze of Capital Leads to Anbang’s Aggressive Expansion” which analyzed two recent registration capital increases of Anbang Insurance Group. On April 29, 2017, Anbang Group issued a statement, alleging that Caixin’s article is an attack motivated by commercial reasons, and threatening that it would file a lawsuit against Caixin. Anbang’s allegations are completely fabricated and a blatant disregard of law.

Caixin Media has always upheld the highest ethical standard on professional integrity and public trust. It sets a strict firewall between its business and newsroom operations, preventing any possible erosion of its journalistic independence. Caixin Media strongly condemns Anbang’s defamatory statements, and reserves the right to bring legal actions moving forward.

Legal Department

Caixin Media Group

April 30, 2017

Contact:

Ma Ling

Tel：+86 10 8590 5204

Email：lingma@caixin.com