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on september 17, yuanbao officially submitted its listing prospectus to the u.s. securities and exchange commission (sec), planning to be listed on the nasdaq with the stock code "yb".

the listing process of yuanbao has also attracted much attention in the industry. if calculated based on the first-year premium, yuanbao has become the second largest distributor in my country's life insurance market.

yuanbao’s prospectus disclosed a lot of key information about the company’s operations. the prospectus gave us a glimpse into how this “star enterprise”, which was established only five years ago, has grown so rapidly.

1

crossing the three stages of customer acquisition, conversion, and after-sales service:

achieve doubling of various performance indicators

yuanbao was founded in 2019. since its establishment, it has been favored by various capitals. it has completed four rounds of financing. well-known investment institutions including qiming venture partners, shanxing capital, sig, etc. have participated in yuanbao's multiple rounds of financing.

as a technology-driven online insurance distributor, yuanbao's main business is to customize and distribute insurance products in cooperation with insurance companies, promote and acquire customers on third-party media platforms, and provide customers with a series of services such as personalized recommendations, policy management, and claims settlement. its products include medical insurance, inclusive insurance, critical illness insurance, accident insurance, life insurance, etc.

as an internet intermediary platform, yuanbao has built a complete consumer service cycle engine.this engine is built on a scalable architecture and has effective predictive capabilities generated through a network of model interconnections, continuously optimizing model results across different media channels, different consumer preferences, and product depth and breadth.