白鸽在线通过港交所聆讯

Core Viewpoint - Baige Online (Xiamen) Digital Technology Co., Ltd. is preparing for its listing on the Hong Kong Stock Exchange, focusing on providing technology-enabled insurance intermediary services, particularly through scenario-based insurance products [1] Group 1: Company Overview - Baige Online operates as an insurtech company, offering technology-driven insurance intermediary services to partners and insurance companies [1] - The company generates revenue primarily through insurance transaction services, precise marketing, digital solutions, and third-party administration (TPA) services [1] - Scenario-based insurance products are tailored for specific needs and situations, providing on-demand coverage for policyholders [1] Group 2: Market Position - According to ZhiShi Consulting, Baige Online ranks 11th among internet insurance intermediaries in China by total premium in 2024, 5th in scenario-based internet insurance intermediaries, and 1st in third-party scenario-based internet insurance intermediaries, holding a market share of 3.4% [1] Group 3: Product Offering - The company's products span across nine ecosystems, addressing various risks in different scenarios rather than focusing on a single type of risk [2] - As of the end of 2024, the company sold approximately 9.94 billion policies to 125 million policyholders, with significant sales in previous years [2] Group 4: Financial Performance - For the six months ending June 30 in 2022, 2023, 2024, and 2025, Baige Online reported revenues of approximately 405 million, 660 million, 914 million, and 567 million RMB respectively, with corresponding gross profits of about 33.5 million, 52.05 million, 83.22 million, and 50.87 million RMB [3]