Core Insights - Yuanbao Inc. reported strong operational and financial performance in Q2 2025, with significant growth in new policies and technological advancements [4][6][7] Financial and Operational Highlights - Total net revenues for Q2 2025 reached RMB1,069.9 million (US$149.4 million), a 25.2% increase year-over-year from RMB854.5 million [6][7] - Net income for Q2 2025 was RMB304.7 million (US$42.5 million), reflecting a 55.6% year-over-year increase from RMB195.9 million [6][17] - The number of new policies issued in Q2 2025 was 7.9 million, a 49.9% increase from 5.3 million in the same period of 2024 [6][4] Revenue Breakdown - Revenues from insurance distribution services in Q2 2025 were RMB350.6 million (US$48.9 million), a 29.6% year-over-year increase [8] - Revenues from system services in Q2 2025 were RMB718.2 million (US$100.3 million), representing a 23.8% year-over-year increase [9] - Revenues from other services in Q2 2025 were RMB1.1 million (US$0.2 million), a 71.7% decrease year-over-year [10] Cost and Expense Analysis - Total operating costs and expenses in Q2 2025 were RMB772.2 million (US$107.8 million), a 16.0% year-over-year increase [11] - Selling and marketing expenses in Q2 2025 were RMB602.1 million (US$84.0 million), a 14.1% increase year-over-year [13] - Research and development expenses in Q2 2025 were RMB81.7 million (US$11.4 million), a 55.4% year-over-year increase [15] Cash Flow and Position - As of June 30, 2025, the company had cash and cash equivalents totaling RMB3.42 billion (US$477.2 million), a 99.1% year-over-year increase [20] - Net cash provided by operating activities in Q2 2025 was RMB453.2 million (US$63.3 million) [20] Technological Advancements - The company has developed over 4,800 models capable of analysis across more than 5,300 labels, enhancing operational efficiency and user satisfaction [4] - Deployment of advanced technologies, including large language models and a proprietary RAG system, has improved coding efficiency and knowledge management [6][4]

Table of Contents As filed with the Securities and Exchange Commission on April 24, 2025 Registration No. 333-282164 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 3 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Yuanbao Inc. (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or other jurisdiction of incorporation or organization) Cayman Islands 6411 Not Applicable (Primary Standard Indust ...

Table of Contents As filed with the Securities and Exchange Commission on March 17, 2025 Registration No. 333-282164 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 2 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Yuanbao Inc. (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or other jurisdiction of incorporation or organization) Cayman Islands 6411 Not Applicable (Primary Standard Indust ...

Table of Contents As filed with the Securities and Exchange Commission on September 16, 2024 Registration No. 333- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Yuanbao Inc. (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) (Address, including zip code, and teleph ...