Kalkine IPO Report

Should You Subscribe to the IPO of Yuanbao Inc?

Apr 29, 2025

The Offer

Company Overview

Yuanbao Inc. (YB), a leading technology-driven online insurance distributor in China, specializes in the seamless integration of insurance with advanced technologies, operating a highly efficient full consumer service cycle engine that has distributed tailored, high-quality insurance products to over ten million consumers, making it the largest independent distributor in China’s personal life and accident & health (A&H) insurance market by first-year premiums in 2023, according to Frost & Sullivan. The Company’s scalable engine, supported by approximately 4,700 models as of December 31, 2024, leverages predictive capabilities and interconnected networks to provide personalized services across recommendation, purchasing, policy management, claims, and post-sales, optimizing outcomes across diverse media channels, consumer preferences, and product offerings. Yuanbao collaborates robustly with insurance carriers, enabling them to develop flagship products that attract and retain a vast consumer base, while utilizing big data to deepen insights into consumer behavior, thereby enhancing both consumer satisfaction and carrier sales.

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