保险AI科技企业暖哇科技拟赴港上市 连续三年营收复合增长率达65.5%

Core Viewpoint - Nuanwa Technology, a leading AI technology company in the domestic insurance sector, has submitted its listing application to the Hong Kong Stock Exchange, aiming to drive the digital transformation of the insurance industry in China [1] Financial Performance - Nuanwa Technology achieved profitability in 2023, with revenues of 340 million RMB, 650 million RMB, and 940 million RMB for the years 2022, 2023, and 2024 respectively, reflecting a compound annual growth rate (CAGR) of 65.5% [1] - The gross margin for 2024 is projected to be 49.8%, with an adjusted net profit of approximately 57.5 million RMB, resulting in an adjusted net profit margin of 6.1% [1] Market Position - According to a report by Frost & Sullivan, Nuanwa Technology has become the largest independent AI technology company in China's insurance industry and the largest independent AI technology company with full-stack risk analysis capabilities in the health insurance sector [1] Technology and Solutions - Nuanwa Technology has developed proprietary technologies that integrate data analysis capabilities, multi-agent systems, and cloud infrastructure, focusing on various scenarios within the insurance industry [2] - The company has created industry-specific multi-agent systems, Alamos and Roborock, which provide AI underwriting and claims solutions, optimizing the entire process from underwriting to claims settlement [2] - The AI underwriting solution, centered around the Alamos system, automates the underwriting process, achieving a policy renewal rate of 97.5% and a cross-selling rate of 63.0%, significantly higher than the industry average of 15.0% to 25.0% [2] Claims Management - Nuanwa Technology's AI claims solution, supported by a nationwide medical data network and the Roborock decision model, has achieved an automatic review rate of up to 80% and a decision accuracy rate of 98.0% for claims [3] - The company has processed approximately 2.3 million claims in the first half of the year, with the fastest claim resolution time being around one minute [3] Client Relationships - As of December 31, 2024, Nuanwa Technology's solutions have been adopted by over 90 insurance companies, including eight of the top ten insurance companies by premium income in China [3] - The company has served over 40 million clients in underwriting and claims management, executing more than 200 million underwriting reviews and claims investigations [3] Funding and Growth - Nuanwa Technology has attracted significant capital attention since its inception, securing multiple rounds of funding, including angel investment from Sequoia Capital China and a B round of financing in 2024, which supports its technology iteration and market expansion [4]