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By The Online Investor Staff, updated Fri., Mar. 29, 2:48 AM

Slide #20. Huize Holding Limited

Company: Huize Holding Limited (NASDAQ:HUIZ)
$Amount Authorized: $5,000,000
Buyback Details: Huize Holding Limited, ("Huize", the "Company" or "we") (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced that its Board of Directors ("the Board") has authorized a share repurchase program under which Huize may repurchase up to US$5 million of its Class A common shares in the form of American depositary shares over the next 12 months, subject to relevant rules under the Securities Exchange Act of 1934, as amended, and Huize's insider trading policy.

Huize is a holding company. Throught its subsidiaries, Co. provides online insurance product and service. Co.'s online platform provides digitalized insurance purchase experience and services through various internet and mobile internet channels. Co. provides a range of insurance products focusing on protection. Co.'s products cover two primary categories, life and health insurance products, and property and casualty insurance products. Co.'s long-term life and health insurance products primarily consist of critical illness insurance products, typically providing a lump-sum payment to the insured if the insured is diagnosed with a life-threatening illness as defined in the insurance policy.
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Company Name:  Huize Holding Ltd
Stock buyback:  HUIZ buyback
Website:  www.huize.com
Sector:  Insurance Brokers
 

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March 29, 2024    2:48 AM Eastern
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