Huize Holding Limited Adopts Semi-Annual Financial Reporting Schedule and Announces Select Operating Metrics for the Third Quarter of 2025

Core Viewpoint - Huize Holding Limited has adopted a semi-annual and annual financial reporting schedule to enhance focus on long-term strategic initiatives amid a competitive industry landscape [3][4]. Financial Reporting Schedule - The new financial reporting schedule will involve reporting financial results and holding earnings conference calls on a semi-annual and annual basis, with the next announcement expected in March 2026 for the second half of 2025 and the fiscal year ending December 31, 2025 [2]. Operating Metrics - For the third quarter of 2025, the company reported: - First year premiums (FYP) of RMB 1,929.5 million, up from RMB 1,354.4 million in 2024 - Renewal premiums of RMB 837.8 million, compared to RMB 706.3 million in 2024 - Gross written premiums (GWP) of RMB 2,767.3 million, an increase from RMB 2,060.7 million in 2024 - New customers acquired totaled 343,000, down from 439,000 in 2024 [5][6]. - For the nine months ended September 30, 2025: - First year premiums (FYP) reached RMB 3,787.8 million, compared to RMB 2,863.1 million in 2024 - Renewal premiums were RMB 2,213.2 million, slightly down from RMB 2,252.5 million in 2024 - Gross written premiums (GWP) totaled RMB 6,001.0 million, up from RMB 5,115.6 million in 2024 - New customers acquired were 1.1 million, an increase from 898,000 in 2024 - Accumulated customers reached 11.7 million, up from 10.2 million in 2024 - 13-month persistency ratios improved to 97.8% from 97.2% in 2024 - 25-month persistency ratios increased to 97.7% from 97.1% in 2024 [5][6]. Company Overview - Huize Holding Limited is a leading insurance technology platform in Asia, connecting consumers, insurance carriers, and distribution partners through data-driven and AI-powered solutions, targeting mass affluent consumers [7]. - The company offers a comprehensive insurance ecosystem covering the entire insurance life cycle, providing a wide range of products and services [7]. - By leveraging AI and data analytics, Huize enhances the insurance service chain with proprietary technology-enabled solutions [8].