Hau Li - Oct 15, 2021 Form 4 Insider Report for China United Insurance Service, Inc. (CUII)

Role: Director
Signature: /s/ Chwan Hau Li
Stock symbol: CUII
Transactions as of: Oct 15, 2021
Transactions value $: $2,939,174
Form type: 4
Date filed: 10/19/2021, 09:59 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CUII	Common Stock	Other	$2.94M	+864K	+63.93%	$3.40	2.22M	Oct 15, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On August 13, 2021, China United Insurance Service, Inc. (the "Company") along with its wholly owned subsidiary Action Holdings Financial Limited entered into the Amendment 4 to the Acquisition Agreement (this "Amendment") with Mr. Chwan Hau Li, a member of the board of directors of the Company. Pursuant to the Amendment and as additional consideration for Mr. Li due to certain adjustments, the Company issued Mr. Li 864,463 shares of Company's common stock on October 15, 2021.

Content

On August 13, 2021, China United Insurance Service, Inc. (the "Company") along with its wholly owned subsidiary Action Holdings Financial Limited entered into the Amendment 4 to the Acquisition Agreement (this "Amendment") with Mr. Chwan Hau Li, a member of the board of directors of the Company. Pursuant to the Amendment and as additional consideration for Mr. Li due to certain adjustments, the Company issued Mr. Li 864,463 shares of Company's common stock on October 15, 2021.