Chinese Yuanbao’s Eye Broker $ 676.3m Valuation on our IPO

China Insurance broker is setting up to $ 676.3m (4.93BN Yuan) in our offer sites Restore.

The company is determined to raise up to 30m by nearly 2 million stocks of America (ADSS) between $ 13 and $ 15.

In conjunction with IPO, the main shareholders have expressed interest in buying ADSS to the value of up to $ 17 million.

In addition, China-based business partnerships have agreed to place a personal placement of $ 1m in Yuanbao Shares.

Yuanbao’s full-year revenue went up to 3.28bn Yuan in 2024, up from 2.05bn Yuan last year.

The company filed for IPO to the stock Committee and Exchange in September year, finding the NASDAQ stock market under the mark of the Mark of Ticker Symp ‘Yb’.

Evaluation for the IPO is managed by Goldman Sachs (Asian Citigroup, Global Markets and corigration Corporation corportrations.

Kirkland laws & Ellis are introduced Yuanbao about the valid law of the law of the laws and laws of the New York, while the Writer is recommended by watchkins.

The company operates through its subscriptions in the mainland, Yuanbao Kechuang (Bengjing Shukuang (Beijing) technology and its sub-companies.

On June 30, 2024, the company has more than 4,400 work support, such as the product instructions, claims, policies and customer service.

Its engine integrated through the network of linked models to notify the decision throughout the channel, the company companies in IPO FILING.

Japanese broker assessments created and published and disseminated international life insurance, A Globaldata owns brand.

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