The financial report for the fourth quarter and full year of 2021 is released: the full-year revenue is 4.373 billion yuan, with AI entering large-scale applications.

On March 18, YB, a leading company in the insurance technology sector (NASDAQ: YB), released unaudited financial performance for the three months ending December 31st, 2025, and for the full year of 2025. The financial report data shows that YB's annual revenue continued to grow steadily, reaching 4.373 billion Yuan, a year-on-year increase of 33.1%; the company's profitability continued to improve, with a net profit of 1.308 billion Yuan. As of December 31, 2025, YB's cash reserves reached 4.04 billion Yuan. The quarterly performance was also impressive, with a continued positive growth momentum. In the fourth quarter, the company's revenue reached 1.175 billion Yuan, a year-on-year increase of 32.2%, and the net profit reached 337 million Yuan. Behind the impressive performance is YB's continuous efforts in data modeling and technological capabilities, as well as the enhancement of its engine for consumer full-cycle services. As of December 31, 2025, YB's model network has expanded to over 4,900 models and 5,700 features, with an addition of over 290 models and 820 features compared to the same period last year. With the deep empowerment of AI technology, the company's operational efficiency and business scale have improved in tandem, with a total of 30.66 million new insurance policies issued throughout the year, a year-on-year increase of 36.7%, and approximately 7.9 million new policies issued in the fourth quarter, a year-on-year increase of 34.5%. In terms of technological strategy, YB's large-scale AI models have entered the stage of scaling up, empowering the core business processes of the company. Firstly, the continuous upgrading and integration of the large model platform is underway, with AI capabilities entering the stage of large-scale application. Through strengthening training with industry corpus and deep integration with knowledge bases, the models' performance in insurance professional Q&A, multi-round conversations, and terms analysis has been continuously optimized. The intelligent scheduling mechanism for multiple models has also been improved, enhancing system stability and accessibility efficiency, while reducing the development costs of AI applications on the business side. Secondly, the company is accelerating the implementation of intelligent agents in pre-sales, customer service, claims assistance, and other processes, covering product explanations, intelligent recommendations, customer service quality checks, seat assistance, claims material classification, and more. This significantly enhances service and claims efficiency, while steadily increasing the call rate and penetration rate of intelligent agents. In terms of talent development, YB's AI team continues to maintain a size of more than 10% of the total employees, providing strong support for technological iterations and service upgrades. Currently, the business health insurance industry is entering a new stage of high-quality development. Various policies, from the China Banking and Insurance Regulatory Commission's guidance for high-quality development in health insurance to the National Healthcare Security Administration and Ministry of Human Resources and Social Security's joint release of the first edition of the "Commercial Insurance Innovation Drug Catalog", are opening up broad spaces for the industry's development. At the same time, 2026 marks the beginning of the "14th Five-Year Plan". The Government Work Report of that year clearly states the need to deepen the expansion of "Artificial Intelligence +", promoting the commercial and large-scale application of artificial intelligence in key industry sectors. AI is now reconstructing the service model of the insurance industry from the ground up, enhancing operational efficiency, with technological capabilities becoming a key factor in industry competition, injecting strong growth momentum towards high-quality development. Adapting to industry trends, YB continues to upgrade its products and services to create inclusive and efficient insurance services. In 2025, the company upgraded its zero deductible claims and critical illness hospitalization allowances, and introduced a "Wishful Claims" stewardship claims service. The claims annual report shows that the accumulated highest claims amount for medical insurance policies reached 1.83 million Yuan per person, with the fastest medical insurance claim settlement taking only 3.4 minutes. In terms of protecting consumer rights, YB integrates consumer protection throughout the entire process, using AI to strengthen customer service quality checks, data security measures, and prevention of black-market activities, effectively safeguarding user rights. With its industry-leading innovative practices and brand influence, YB was successfully selected for the "2025 Forbes China Brand Management Influence" list, becoming the only insurance technology company in the insurance technology sector. YB's founder and CEO, Fang Rui, also appeared on the "2025 Forbes China New Era Disruptive Founder" and "2025 Forbes China Innovation Figures" lists, becoming the only founder in the insurance field to receive these two honors. Fang Rui, founder and CEO of YB Group, said: "2025 is a crucial year for China to move towards the AI singularity, with China's scientific and technological innovation gaining momentum. As a benchmark force in the insurance technology sector, YB has made solid progress in technological innovation, product services, and other dimensions. Our steady growth in performance verifies the sustainability of our business model, and the deep application of AI technology has built core competitive barriers. Currently, in the opening year of the "14th Five-Year Plan", the ongoing dividends of health insurance policies, coupled with the increasingly prominent value of technological empowerment, are driving inclusive insurance towards high-quality development. Looking ahead, we will adhere to the original intention of 'using technology to promote inclusive insurance', boldly venture into the deep waters of technology, deepen the integration of large AI models with insurance scenarios, understand and respond to the protection needs of every user. We firmly believe that only by deeply integrating technology into the industry, rooting it in people's lives, can we create sustainable commercial value with profound social value."