We are a leading technology-driven online insurance distributor in China. We take pride in pioneering the seamless integration of insurance with cutting-edge technologies, and have constructed a highly efficient full consumer service cycle engine. Through this engine, the Affiliated Entities successfully distribute suitable and high-quality insurance products to millions of insurance consumers. According to Frost & Sullivan, we were the largest independent insurance distributor in China’s personal life and A&H insurance market in terms of first year premiums in 2023. The PRC Operating Entities’ engine enables the Affiliated Entities to provide customized services for each insurance consumer across personalized recommendation, purchasing, policy management, claim settlements and post-sales services. Built upon a scalable architecture, the PRC Operating Entities’ engine is equipped with effective predictive capabilities generated from interconnected networks of models. This allows the PRC Operating Entities to continually optimize model outcomes across different media channels, diverse consumer preferences and product depth and breadth. As of June 30, 2024, the PRC Operating Entities had over 4,400 models supporting their operations.