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Stock impact report

Huize Holding Limited Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results [Yahoo! Finance]

Huize Holding Limited - American Depositary Shares (HUIZ) 
Company Research Source: Yahoo! Finance
technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Full Year 2023 Financial and Operational Highlights Sustainable business resilience: Gross Written Premiums (“GWP”) facilitated on our platform for the full year of 2023 increased by 18.2% year-over-year to RMB5,800.9 million. Within GWP, First Year Premiums (“FYP”) accounted for RMB2,621.7 million, up 42.0% year-over-year. Renewal premiums increased by 3.9% year-over-year to RMB3,179.2 million. The increases in premiums reflect the success we have had in acquiring high-quality and loyal customers and expanding the wide spectrum of customized long-term insurance products we offer to meet the diverse protection needs of our clients, as well as the contribution of international revenue from our expansion into the Hong Kong ma Show less Read more
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