[straight news network Beijing June 17 news] (Wall Street Journal Network) skin care and nutrition manufacturer such as new groups of Nu Skin enterprises NUS) have been with the second largest insurance company in China China Ping An insurance (Group) Co., Ltd. (Ping An insurance (Group) Co. of China Ltd., referred to as: China Ping An) led a group of investors, a $2.1 billion investment transactions.

New also said that he expected the second quarter revenue in the previously estimated 5.6 billion to $5.8 billion range of high-end or slightly above the level of the interval.

Under the terms of the agreement, such as the new An ZQ China Growth Ltd. Ping issued in 2020 due to the convertible senior notes. An ZQ China Growth Ping investors include China Ping An Securities (Hongkong) Co., Ltd. (An of Ping China Securities (Kong Hong) Ltd. Co.) and Capital Ltd. ZQ related investors. China Ping An Securities (Hongkong) Co., Ltd. is a part of China's peace. The subscription of the notes will end in June 21st.

According to the premium calculation, China Ping An insurance company of China's second major.

In exchange, Capital ZQ's Shen Zheqing will be appointed as a new board member.

Such as said, will be the issue of the proceeds of the notes part of the funds for the Chinese business, and the remaining funds to return to shareholders through the repurchase of part of the stock. China is the biggest market for the company.

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