Huize Holding

Huize Holding Ltd. engages in the provision of insurance brokerage services through online platform. It distributes insurance products underwritten by insurer partners, and help them to reach a large number of insurance clients. The company was founded by Cun Jun Ma in August 2006 and is headquartered in Shenzhen, China.

Earnings data Q1 2021

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Huize Holding reports robust Q1 earnings, eyes international expansion

Huize Holding's Q1 2024 performance reflects strong growth in premiums, revenue, and profitability, underpinned by operational efficiency improvements and customer-focused strategies.
The company's strengths lie in customer acquisition, product innovation, and cost management, while challenges include sustaining growth momentum and navigating international expansion.
Opportunities for Huize Holding include leveraging collaborations, digitalization, and AI capabilities to drive further growth and profitability in the competitive insurance market.

Huize Holding excels in Q2 with strong financial performance and international expansion

Huize Holding demonstrated strong financial performance and strategic initiatives in Q2 2024, focusing on long-term insurance products and customer engagement.
The company's adaptability, focus on high-quality customers, and international expansion efforts position it well for future growth.
While facing challenges in regulatory changes and market competition, Huize can leverage opportunities in product innovation and strategic partnerships.
Maintaining operational efficiency and profitability will be crucial for Huize to sustain its growth trajectory and capitalize on market opportunities.

Huize Holding excels in Q3 with record premiums and global expansion

Huize Holding delivered strong financial results in Q3 2024, driven by record premiums and successful international expansion.
The company's focus on digital sales operations, cost optimization, and diversification into health care services positions it well for future growth.
While facing challenges in maintaining margins and managing expenses, Huize Holding's strategic initiatives present opportunities for continued success.

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Huize Holding Ltd. engages in the provision of insurance brokerage services through its online platform. It distributes insurance products underwritten by insurer partners and helps them to reach a large number of insurance clients. The company was founded by Cun Jun Ma in August 2006 and is headquartered in Shenzhen, China.

Now that's a rally. In what was inarguably the most explosive five trading days of its history, the FinTech IPO Index surged 22.5%, and now stands more than 68% higher year to date.

Huize Soars on Earnings and Powers FinTech IPO Index by 22.5%

Huize Holding Limited (NASDAQ:HUIZ ) Q3 2024 Results Conference Call December 10, 2024 7:00 AM ET Company Participants Kenny Lo - Investor Relations Manager Cunjun Ma - Founder & Chief Executive Officer Ronald Tam - Co-Chief Financial Officer Conference Call Participants Amy Chen - Citi Operator Ladies and gentlemen, thank you for standing by, and welcome to Huize's Third Quarter 2024 Earnings Conference Call. [Operator Instructions] Today's conference call is being recorded, and a webcast replay will be available on Huize's IR website at ir.huize.com under the Events and Webcasts section.

Huize Holding Limited (HUIZ) Q3 2024 Earnings Call Transcript

SHENZHEN, China, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced its unaudited financial results for the third quarter ended September 30, 2024.

Huize Holding Limited Reports Third Quarter 2024 Unaudited Financial Results

SHENZHEN, China, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced that it plans to release its third quarter 2024 unaudited financial results before the U.S. market opens on Tuesday, December 10, 2024.

Huize Holding Limited to Report Third Quarter 2024 Financial Results on December 10, 2024

SHENZHEN, China, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced that it will change the ratio of its American depositary shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio”) from the current ratio of one (1) ADS to twenty (20) Class A ordinary shares to a new ratio of one (1) ADS to one hundred (100) Class A ordinary shares.

Huize Holding Limited Announces Plan to Implement ADS Ratio Change

SHENZHEN, China, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced that its long-term medical insurance product “Chang Xiang An No.2” won the “Annual Popular Commercial Health Insurance Product” award given by Today Insurance, China's leading insurance news platform, during the “2024 Today Insurance Annual Insurance and Health and Wellness Service Awards”.

Huize's “Chang Xiang An No.2” Long-Term Medical Insurance Product Wins “Annual Popular Commercial Health Insurance Product” Award from Today Insurance

SHENZHEN, China, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced that it will hold its annual general meeting of shareholders at Suite 3904-3905, Tower 6, The Gateway, Harbour City, Tsim Sha Tsui, Hong Kong Special Administrative Region of the People's Republic of China, on November 29, 2024 at 10:00 AM (Hong Kong time).

Huize Holding Limited to Hold Annual General Meeting on November 29, 2024

HO CHI MINH CITY, Vietnam, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Poni Insurtech Pte. Ltd. (“Poni Insurtech” or the “Company”), the international arm of Asia's leading insurance technology platform, Huize Holdings (NASDAQ: HUIZ), today announced that its Vietnam subsidiary, Global Care Consulting Joint Stock Company (“Global Care”), has unveiled its new health insurance comparison platform, “GlobalCare.vn” (https://globalcare.vn). The platform aims to offer Vietnamese consumers an improved, transparent, and user-friendly insurance shopping experience, effectively positioning itself as a one-stop “insurance supermarket.”

Poni Insurtech and Global Care Launch Health Insurance Comparison Platform in Vietnam

Huize Holding Limited (NASDAQ:HUIZ ) Q2 2024 Earnings Conference Call September 25, 2024 8:00 AM ET Company Participants Kenny Lo - Investor Relations Manager Cunjun Ma - Founder & Chief Executive Officer Ron Tam - Co-Chief Financial Officer Conference Call Participants Michelle Ma - Citi Operator Ladies and gentlemen, thank you for standing by. Welcome to Huize Second Quarter 2024 Earnings Conference Call.

Huize Holding Limited (HUIZ) Q2 2024 Earnings Call Transcript

SHENZHEN, China, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced its unaudited financial results for the second quarter ended June 30, 2024.

Huize Holding Limited Reports Second Quarter 2024 Unaudited Financial Results

SHENZHEN, China, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced that it has partnered with New China Life Insurance Company Limited (“NCI”) to launch “Bliss No.2”, a customized lifetime annuity product. This upgraded product is the latest addition to the “Bliss” series and is designed to meet the growing demand for diversified retirement solutions by providing flexible and stable financial planning, in response to China's gradual retirement age extension.

Huize Partners with New China Life Insurance to Launch “Bliss No.2” – A Customized Lifetime Annuity Insurance Product

SHENZHEN, China, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced that it plans to release its second quarter 2024 unaudited financial results before the U.S. market opens on Wednesday, September 25, 2024.

Huize Holding Limited to Report Second Quarter 2024 Financial Results on September 25, 2024

Strategic acquisition drives revenue growth and expansion into second international market, creating robust synergies under Poni Insurtech and advancing Huize's international expansion Strategic acquisition drives revenue growth and expansion into second international market, creating robust synergies under Poni Insurtech and advancing Huize's international expansion

Huize's International Arm Poni Insurtech Completes Acquisition of Controlling Stake in Global Care, a Leading Insurtech Platform in Vietnam

SHENZHEN, China, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced that it has partnered with China Pacific Property Insurance Co., Ltd. (“CPIC P&C”) to launch “Little Scholar”, a customized student accident insurance product. This product is designed to provide parents with comprehensive coverage for their children, aged 3 to 25, spanning from kindergarten to graduate school. “Little Scholar” offers up to RMB500,000 in protection for both accidents and illnesses, ensuring peace of mind for families as their children embark on the new school year.

Huize Partners with CPIC P&C to Launch “Little Scholar” – A Customized Student Accident Insurance Product

SHENZHEN, China, July 25, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced a strategic partnership with New China Life Insurance Company Limited (“NCI”) to jointly launch “Bliss”, a customized annuity insurance product. This product is designed to cater to a growing client base with a preference for stable, risk-averse financial solutions.

Huize Announces Strategic Partnership with New China Life Insurance to Jointly Launch “Bliss” – A Customized Annuity Insurance Product

SHENZHEN, China, July 16, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize” or the “Company”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced that it has received a notification letter (the “Compliance Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market Inc. (“Nasdaq”) dated July 15, 2024, informing the Company that it has regained compliance with Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”).

Huize Holding Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement

Strategic acquisition marks Huize's entry into its second international market and accelerates its mission to create a pan-Asian digital insurance distribution platform under its international brand Poni Insurtech Strategic acquisition marks Huize's entry into its second international market and accelerates its mission to create a pan-Asian digital insurance distribution platform under its international brand Poni Insurtech

Huize Acquires Leading Vietnam Insurtech Platform Global Care

SHENZHEN, China, June 11, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced that it will be presenting at the Emerging Growth Conference on Thursday, June 13, 2024.

Huize to Present at the Emerging Growth Conference on June 13, 2024

SHENZHEN, China, June 07, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced that it has partnered with PICC Property and Casualty Company Limited (“PICC P&C”) to launch “WarmTreasure No.3,” a customized child outpatient and emergency insurance product in the “WarmTreasure” series. With optimized reimbursement, expanded coverage and additional benefits, the upgraded version delivers enhanced cost-effectiveness and product value to families with children.

Huize Partners with PICC P&C to Launch “WarmTreasure No.3” – A Customized Child Outpatient and Emergency Insurance Product

Huize Holding Limited (NASDAQ:HUIZ ) Q1 2024 Results Conference Call May 23, 2024 9:00 PM ET Company Participants Harriet Hu - Investor Relations Director Cunjun Ma - Founder and Chief Executive Officer Ron Tam - Co-Chief Financial Officer Conference Call Participants Zeyu Yao - CICC Amy Chen - Citi Operator Ladies and gentlemen, thank you for standing by, and welcome to Huize Holding Limited First Quarter 2024 Earnings Conference Call. [Operator Instructions].

Huize Holding Limited (HUIZ) Q1 2024 Earnings Call Transcript

SHENZHEN, China, May 23, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced its unaudited financial results for the first quarter ended March 31, 2024.

Huize Holding Limited Reports First Quarter 2024 Unaudited Financial Results

SHENZHEN, China, May 16, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced that it plans to release its first quarter 2024 unaudited financial results after the U.S. market closes on Thursday, May 23, 2024.

Huize Holding Limited to Report First Quarter 2024 Financial Results on May 23, 2024

SHENZHEN, China, April 19, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced that it has partnered with PICC Life Insurance Company Limited (“PICC Life”) to launch “i Wu You – Low-Threshold Edition”, the latest customized critical illness insurance product in the “i Wu You” series that offers a personalized solution with a relaxed health declaration process to customers.

Huize Partners with PICC Life Insurance to Launch “i Wu You – Low-Threshold Edition” – A Customized Critical Illness Insurance Product

SHENZHEN, China, April 19, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize,” the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the “SEC”) on April 19, 2024.

Huize Holding Limited Files 2023 Annual Report on Form 20-F

If there was a theme marking the past five days of trading, after the big banks reported earnings, and as the digital lenders that populate the FinTech IPO Index showed, this was the week the platforms plummeted. Hippo Insurance slipped 14.8%, and Opendoor gave up 12.4%.

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