Yuanbao (YB.US) released the third quarter financial report: Revenue reached 1.158 billion yuan, with significant results in AI-driven business.

On December 3, YB.US, a leading company in the insurance technology industry, released its third quarter financial report for 2025. The financial data shows that YB's revenue in the third quarter continued to maintain steady growth, with total income reaching 1.158 billion yuan, a year-on-year increase of 33.6%. The company's profitability continued to strengthen, with a net profit of 370 million yuan, a year-on-year increase of 51.3%. As of September 30, 2025, YB's cash reserves reached 3.75 billion yuan. The impressive financial report data is attributed to the company's continued investment in the field of data modeling and the steady enhancement of its consumer full-life cycle service engine capabilities. As of September 30, 2025, YB's model library has expanded to over 4,900 models and 5,500 features, with approximately 400 new models and 750 new features added compared to the same period last year. With technological empowerment, operational data performance has been excellent, as YB's new policy count in the third quarter reached 8 million, a year-on-year increase of 41.8%. In terms of technological strategic layout, AI large models have been deeply integrated into YB's core operational workflows. Firstly, empowering the R&D department for efficiency improvement by introducing large language models (LLM) and related toolchains to assist in the full process from documents to code, with AI-generated code accounting for nearly 50% in Q3. Secondly, empowering customer service by integrating large language model (LLM) capabilities into the customer service workstation to automatically generate ticket summaries, extract key information, provide processing recommendations, assist in identity verification, record customer emotional changes, and enhance service efficiency and quality. Thirdly, empowering the consumer full-life cycle service engine by using large language models (LLM) to assist in modeling and automatic feature extraction, automatically generating and selecting valuable features, significantly improving modeling speed and effectiveness. In terms of technology team construction, as a core support of the company, YB's R&D personnel account for nearly 70% and the AI team scale continuously maintains above 10% of the total employee count, laying a solid foundation for technological iteration and service optimization. From the perspective of industry development, commercial health insurance has become an important part of China's "multi-level medical security system" and has ushered in major development opportunities. Previously, when the National Healthcare Security Administration deployed key tasks for 2025, it clearly stated that actively supporting the development of commercial health insurance is a key task. Since the third quarter of 2025, the country's first "healthcare insurance + commercial insurance" clearing and settlement center has officially launched, promoting the efficient "one-stop" connection between commercial insurance and basic medical insurance. At the same time, a series of support measures such as adding commercial insurance innovative drug catalogs have been intensively introduced, continuously releasing policy dividends. In this trend, YB continues to deepen its universal health insurance business and enhance product innovation and service levels. At the level of product innovation, YB has launched short-term critical illness insurance in collaboration with insurance companies, with the core highlight of "universal prices leveraged for million coverage", offering a one-time payment and multiple reimbursement parallel mode to balance one-time economic compensation and multiple medical expense reimbursements, achieving universal innovation for critical illness insurance of "peaceful recuperation + worry-free medical care". In terms of service quality optimization, YB's customer service center has introduced a new "five-star service" standard, comprehensively upgrading from response timeliness, professional competence, service experience, and other dimensions to provide customers with a peace of mind and worry-free full-process service guarantee. With solid practices and outstanding performance in the field of universal insurance, YB's subsidiary was invited to participate in the "Financial Market" event hosted by the Financial Education Promotion Bureau under the guidance of the Financial Regulatory Administration and jointly organized by the Beijing Financial Regulatory Bureau, the Beijing branch of the People's Bank of China, the Beijing Securities Regulatory Bureau, and the Beijing Municipal Committee Financial Office. The event received extensive attention from authoritative media sources.