BYD Insurance Brokerage Company's deregistration sparks heated debate

Recently, BYD Insurance Brokerage Co., Ltd. announced that it will file for cancellation between April 17 and June 1, 2025, due to resolution to dissolve. This news has attracted widespread attention, especially for car owners who are using BYD insurance services. However, in fact, this cancellation will not have any impact on the car owner's policy, because the insurance purchased by the car owner is provided by BYD Property Insurance Co., Ltd., not the brokerage company that is about to be cancelled.