Yuanbao Inc. American Depositary Shares

Yuanbao Inc. is a technology-driven online insurance distributor operating in China. The company leverages its proprietary consumer service cycle engine, AI capabilities, and big data analytics to deliver customized insurance solutions from partnered insurance carriers to over ten million insurance consumers throughout the entire insurance lifecycle, from personalized recommendations to post-sales services including claims assistance. Yuanbao operates through three main revenue streams: Insurance Distribution Services, where it earns commissions from distributing insurance products; System Services, where it provides marketing, analytics, and customer-related services to partnered insurance carriers; and a newly launched Advertising Services segment offering integrated intelligent marketing and traffic optimization solutions. The company has built a matrix of more than 5,100 AI models analyzing over 5,900 labels, with multimodal capabilities deployed across claims processing, user growth, and content analysis. Yuanbao focuses on health and medical insurance products, including its flagship Super Medical Insurance series and Complete Guardian product lines, with a particular emphasis on inclusive and affordable coverage including products for individuals with pre-existing conditions. The company trades on NASDAQ under the ticker YB, with each ADS representing six Class A ordinary shares. Updated Sep 10, 2026