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original title: gonggong finance bureau pays attention | after three years without financing, yuanbao chooses to go public in the united states

produced by huabo business review

on september 17, the insurance technology company yuanbao insurance brokerage (beijing) co., ltd. (hereinafter referred to as "yuanbao") publicly submitted its listing prospectus to the u.s. securities and exchange commission, intending to list on the nasdaq, plan to raise us$50 million in funds, and the stock code is "yb". goldman sachs, citi, cicc and tiger brokers serve as underwriters for its ipo.

public information shows that yuanbao was established in 2019. its core business model is to customize and distribute life insurance products with insurance companies, and provide users with after-sales services such as claims. in 2020, yuanbao officially went online. in short, yuanbao's business is insurance intermediary.

it is reported that many insurance technology companies have successfully listed overseas or are preparing for overseas listings this year. youjia insurance and zhibao technology have successfully landed on nasdaq, and yishengxin technology and iyunbao are also planning to go public in the united states. in terms of hong kong stocks, zhongmiao holdings has been listed, and shouhui technology and yuanxin technology are also preparing for hong kong stock listings.