| INSURANCE-CARRIERS |
INSURANCE-CARRIERS |
92%
|
We generate a substantial portion of our revenue from commission fees and service fees paid by insurance carriers. |
| TOP-THREE-CUSTOMERS |
TOP-THREE-CUSTOMERS |
92%
|
The revenue generated from the top three customers accounted for 56%, 60% and 67% of our total revenue in 2023, 2024 and 2025, respectively. |
| BEIJING-LEMON-JIEYOU-TECHNOLOGY-DEVELOPMENT-CO-L |
BEIJING-LEMON-JIEYOU-TECHNOLOGY-DEVELOPMENT-CO-L |
85%
|
y one of our principal shareholders. Through this service contract, the VIE provides system services to Yinchuan Yuanbao and earns service fees. In 2023, the VIE recorded revenue of RMB4.5 million fr… |
| BEIJING-XINGCHEN-LEKANG-TECHNOLOGY-CO-LTD |
BEIJING-XINGCHEN-LEKANG-TECHNOLOGY-CO-LTD |
85%
|
y one of our principal shareholders. Through this service contract, the VIE provides system services to Yinchuan Yuanbao and earns service fees. In 2023, the VIE recorded revenue of RMB4.5 million fr… |
| BEIJING-YIXUE-NIUNIU-TECHNOLOGY-LTD |
BEIJING-YIXUE-NIUNIU-TECHNOLOGY-LTD |
85%
|
y one of our principal shareholders. Through this service contract, the VIE provides system services to Yinchuan Yuanbao and earns service fees. In 2023, the VIE recorded revenue of RMB4.5 million fr… |
| GHG |
GreenTree Hospitality Group Ltd. |
72%
|
Reciprocal relationship from GHG graph: Reciprocal relationship from YB graph: Reciprocal relationship from GHG graph: Reciprocal relationship from YB graph: Reciprocal relationship from GHG graph: R… |
| GHG |
GreenTree Hospitality Group Ltd. |
72%
|
ir value is affected by the fair value of ordinary shares as well as assumptions regarding a number of complex and subjective variables, including the expected volatility of the fair value of ordinar… |
| THCH |
TH International Limited |
72%
|
ir value is affected by the fair value of ordinary shares as well as assumptions regarding a number of complex and subjective variables, including the expected volatility of the fair value of ordinar… |
| THCH |
TH International Limited |
72%
|
Reciprocal relationship from THCH graph: Reciprocal relationship from YB graph: ir value is affected by the fair value of ordinary shares as well as assumptions regarding a number of complex and subj… |
| ASIA-LLC |
ASIA-LLC |
62%
|
ir value is affected by the fair value of ordinary shares as well as assumptions regarding a number of complex and subjective variables, including the expected volatility of the fair value of ordinar… |
| BEIJING-CO-LTD |
BEIJING-CO-LTD |
62%
|
evidence indicating that the concentration of business operator has or may have an effect of excluding or limiting competition, the anti-monopoly authority may order the operators to file for clearan… |
| BEIJING-TECHNOLOGY-CO-LTD |
BEIJING-TECHNOLOGY-CO-LTD |
62%
|
their first profitable calendar year and a 50% reduction for the subsequent three calendar years. 114 Table of Contents Our subsidiaries in Chinese mainland, the VIE and subsidiaries of the VIE are s… |
| BEIJING-YIBAO-TECHNOLOGY-LIMITED |
BEIJING-YIBAO-TECHNOLOGY-LIMITED |
62%
|
evidence indicating that the concentration of business operator has or may have an effect of excluding or limiting competition, the anti-monopoly authority may order the operators to file for clearan… |
| BEIJING-ZHENGMANG-TECHNOLOGY-CO-LTD |
BEIJING-ZHENGMANG-TECHNOLOGY-CO-LTD |
62%
|
ir value is affected by the fair value of ordinary shares as well as assumptions regarding a number of complex and subjective variables, including the expected volatility of the fair value of ordinar… |
| CHINESE-CONTROLLED-OFFSHORE-INCORPORATED |
CHINESE-CONTROLLED-OFFSHORE-INCORPORATED |
62%
|
report. However, the interpretation and implementation of existing measures is still evolving and the Chinese mainland regulatory agencies, including the CAC, may further adopt new laws, regulations,… |
| FUMIN-INSURANCE-BROKERAGE-CO-LTD |
FUMIN-INSURANCE-BROKERAGE-CO-LTD |
62%
|
changes in business conditions, to fund future acquisitions and developments, or merely declare and pay dividends to or distributions to the Company’s shareholders. 21. Subsequent Events In January 2… |
| GUANGDONG-CO-LTD |
GUANGDONG-CO-LTD |
62%
|
evidence indicating that the concentration of business operator has or may have an effect of excluding or limiting competition, the anti-monopoly authority may order the operators to file for clearan… |
| HONG-KONG-ASIA-INTERNATIONAL-INSURANCE-BROKERS-L |
HONG-KONG-ASIA-INTERNATIONAL-INSURANCE-BROKERS-L |
62%
|
evidence indicating that the concentration of business operator has or may have an effect of excluding or limiting competition, the anti-monopoly authority may order the operators to file for clearan… |
| HONG-KONG-LIMITED |
HONG-KONG-LIMITED |
62%
|
evidence indicating that the concentration of business operator has or may have an effect of excluding or limiting competition, the anti-monopoly authority may order the operators to file for clearan… |
| LEASES-THE-GROUP |
LEASES-THE-GROUP |
62%
|
formation about an entity’s expenses. The new standard requires disclosures about specific types of expenses included in the expense captions presented on the face of the income statement as well as … |
| LECHENGSHI-INSURANCE-BROKERAGE-CO-LTD |
LECHENGSHI-INSURANCE-BROKERAGE-CO-LTD |
62%
|
changes in business conditions, to fund future acquisitions and developments, or merely declare and pay dividends to or distributions to the Company’s shareholders. 21. Subsequent Events In January 2… |
| PASSIVE-FOREIGN-INVESTMENT-COMPANY |
PASSIVE-FOREIGN-INVESTMENT-COMPANY |
62%
|
report. However, the interpretation and implementation of existing measures is still evolving and the Chinese mainland regulatory agencies, including the CAC, may further adopt new laws, regulations,… |
| SHANGRAO-JUNSHUO-ENTERPRISE-MANAGEMENT-CO-LTD |
SHANGRAO-JUNSHUO-ENTERPRISE-MANAGEMENT-CO-LTD |
62%
|
y one of our principal shareholders. Through this service contract, the VIE provides system services to Yinchuan Yuanbao and earns service fees. In 2023, the VIE recorded revenue of RMB4.5 million fr… |
| SILVERGATE-CAPITAL-CORP |
SILVERGATE-CAPITAL-CORP |
62%
|
ment with any of these third parties is affected, we may not find an alternative source of support on a timely basis or on favorable terms to us, which may have a material adverse effect on our offer… |
| TAXES-PAYABLE-THE-GROUP |
TAXES-PAYABLE-THE-GROUP |
62%
|
e recognized as Software Enterprises (“SE”) and thereby entitled to full exemption from EIT for two years beginning from their first profitable calendar year and a 50 % reduction for the subsequent t… |
| TECHNOLOGY-CO-LTD |
TECHNOLOGY-CO-LTD |
62%
|
ir value is affected by the fair value of ordinary shares as well as assumptions regarding a number of complex and subjective variables, including the expected volatility of the fair value of ordinar… |
| U-S-PUBLIC-COMPANY |
U-S-PUBLIC-COMPANY |
62%
|
ment with any of these third parties is affected, we may not find an alternative source of support on a timely basis or on favorable terms to us, which may have a material adverse effect on our offer… |
