Core Insights - Zhibao Technology's subsidiary, Sunshine Insurance Brokers, has secured a contract to provide brokerage services for Huiminbao Inclusive Medical Insurance in Baoshan, Yunnan, a city with a population exceeding 2 million [1][2] - Huiminbao aims to protect customers, including those with pre-existing conditions, against severe illnesses, offering annual premiums as low as CNY 99 [2] - Sunshine's expansion in Yunnan Province is significant, as the province has a population of over 47 million, and the company has existing projects including a province-wide inclusive homeowner's insurance project [3] Company Overview - Zhibao Technology Inc. is a leading InsurTech company focused on digital insurance brokerage services in China, having launched the first digital insurance brokerage platform in 2020 [5] - The company has developed over 40 proprietary digital insurance solutions across various industries, utilizing big data and AI technology to enhance its offerings [6] - Zhibao's innovative business model, 2B2C (to-business-to-customer) digital embedded insurance, positions it as a pioneer in the Chinese market [5]
Zhibao Technology's Subsidiary, Sunshine Insurance Brokers, Wins Contract to Provide "Huiminbao" Inclusive Medical Insurance in China's Yunnan Province