Core Insights - Bai Ge Online plans to go public in Hong Kong, marking a significant milestone in its development and aligning with its founder's vision for strengthening the digital economy [1] - The company focuses on digital risk management solutions, leveraging financial innovation and data security to drive growth and investor confidence [3][4] Financial Innovation - The founder emphasizes the need for multi-dimensional goals to enhance the digital economy through enterprise innovation and industry transformation [2] - Bai Ge Online utilizes big data to reconstruct traditional insurance risk management, offering tailored solutions for small and medium enterprises and gig economy workers [2] - The company's core product, "Bai Ge e Insurance," innovatively fragments large, low-frequency policies into small, high-frequency ones, enabling real-time risk management [2] Data Security and Compliance - Bai Ge Online prioritizes data security and privacy, establishing a robust management system that includes encryption and access control [3] - The company’s practices align with domestic and international regulations, enhancing investor confidence and reducing regulatory risks [3] Business Development and Ecosystem - Bai Ge Online has created a unique closed-loop system connecting upstream insurance companies and downstream partners, covering nine major ecosystems and serving 369 million insured users [4] - The company has seen significant growth in its payment delay insurance business, with commission income increasing from 8.2 million to 270 million over three years [4] AI and Technology Integration - The company has intensified its focus on artificial intelligence, integrating advanced models to enhance insurance risk control and pricing [5] - AI-driven models allow for real-time monitoring of risks and dynamic adjustment of insurance rates based on user behavior [5] Future Outlook - Bai Ge Online aims to expand its market presence by replicating its successful models across various industries and enhancing data value through industry linkages [7] - The IPO will fund technology development and ecosystem building, reinforcing its leadership in digital risk management [7] - The company's innovations are expected to drive industry-wide upgrades and contribute to the overall development of the digital economy [7]

香港聯合交易所有限公司與證券及期貨事務監察委員會對本申請版本的內容概不負責，對其準確性或完整 性亦不發表任何意見，並明確表示概不就因本申請版本全部或任何部分內容而產生或因倚賴該等內容而引 致的任何損失承擔任何責任。 警告 本申請版本乃根據香港聯合交易所有限公司（「聯交所」）與證券及期貨事務監察委員會（「證監 會」）的要求而刊發，僅用作提供資訊予香港公眾人士。 本申請版本為草擬本，其內所載資訊並不完整，亦可能會作出重大變動。 閣下閱覽本文件， 即代表 閣下知悉、接納並向本公司、本公司的聯席保薦人、整體協調人、顧問或包銷團成員 表示同意： 倘於適當時候向香港公眾人士提出要約或邀請，有意投資者務請僅依據於香港公司註冊處處長 註冊的本公司招股章程作出投資決定；招股章程的文本將於發售期內向公眾人士派發。 (a) 本文件僅為向香港公眾人士提供有關本公司的資料，概無任何其他目的；投資者不應根 據本文件中的資料作出任何投資決定； (b) 在聯交所網站登載本文件或其補充、修訂或更換附頁，並不引起本公司、本公司的聯席 保薦人、整體協調人、顧問或包銷團成員在香港或任何其他司法權區必須進行發售活動 的責任。本公司最終會否進行發售仍屬 ...