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Huize Holding Limited Announces Plan to Implement ADS Ratio Change

GlobeNewswire LogoGlobeNewswire1w ago

Huize Holding Limited Announces Plan to Implement ADS Ratio Change - GlobeNewswire

Quick Summary:

SHENZHEN, China, Nov.19, 2024 (GLOBE NEWSWIRE) -- 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 Asia, today announced that it will change the ratio of its American depositary shares ("ADSs”) to its Class A ordinary shares (the "ADS Ratio”) from the current ratio of one (1) ADS to twenty (20) Class A ordinary shares to a new ratio of one (1) ADS to one hundred (100) Class A ordinary shares.

A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Huize’s goals, strategies, and plans; Huize’s expansion plans; Huize’s future business development, financial condition and results of operations; Huize’s expectation regarding the demand for, and market acceptance of, its online insurance products; Huize’s expectations regarding its relationship with insurer partners and insurance clients and other parties it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing.

About Huize Holding Limited Huize Holding Limited is a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia.

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Article Details

Author / Journalist: Huize Holding Limited

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 21:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 793 words

Reading Time: 5 minutes read

Sentences: 28 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 23706680

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 30 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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