Huize Holding Ltd. (China)

The Company offers insurance brokerage services in the People s Republic of China. The company provides life and health insurance products, such as critical illness, illness and disease, and term and whole life insurance products; and property and casualty insurance products, including travel, individual casualty, and corporate liability insurance products.
The Company provides life and health insurance products, such as critical illness, illness and disease, and term and whole life insurance products; and property and casualty insurance products, including travel, individual casualty, and corporate liability insurance products. It offers its products through internet and mobile internet channels. The Company also provides digital and technology development, and Internet information consulting services; and management, marketing, investment, and financial consulting services, as well as insurance claims adjustment services.
HISTORY
2006: The Company founding team began operating an online insurance business under the “Huize” brand in 2006. Huize Insurance Brokerage Co., Ltd., or Huize Brokerage, formerly known as Shenzhen Huize Insurance Brokerage Co., Ltd., was established in 2011 in preparation for the launch of it platform.
2014: The Company was incorporated on December 24, 2014 under the laws of the Cayman Islands.
In December 2014, Xiamen Siyuan Investment Management Co., Ltd. invested in Huiye Tianze.
2016: In January 2016, Mr. Cunjun Ma's holding vehicle increased its shareholding in Huiye Tianze. In April 2016, several strategic investors, including, among others, Beijing La Ka La Internet Industrial Investment Fund LLP, Shenzhen Chuang Dong Fang Internet Financing Investment LLP and Jiaxing Weirong Investment Management Limited Partnership, invested in Huiye Tianze. In July 2016, Shenzhen Dachen Chuangkun Investment Limited Partnership invested in Huiye Tianze.
2018: In July 2018, Xinyu Dong Guang Yuan Investment Management Center LLP and Beijing La Ka La Investment Management Co., Ltd. invested in Huiye Tianze through purchasing a convertible bond issued by Huiye Tianze, a portion of which was converted to preferred shares in October 2018.
2020: On February 11, 2020, the Company ADSs commenced trading on the Nasdaq Global Market under the symbol “HUIZ.”