[February 12, 2020, New York, USA]-China's leading independent online insurance product and service platform Huize Holdings Co., Ltd. ("Huize Holdings" or "Company"; Nasdaq Stock Code: HUIZ) and its subsidiaries The company (collectively referred to as the "Group") was officially listed on the Nasdaq Global Market at $10.5 per share and began trading this morning . The company issued 4,650,000 American Depositary Shares this time, and each American Depositary Share can be exchanged for 20 common shares of the company. After deducting expenses, the company's net fund raised is approximately US $ 55.12 million .

Citigroup Global Markets Co., Ltd., China International Capital Corporation Hong Kong Securities Co., Ltd., Tiger Securities (New Zealand) Co., Ltd. and Huasheng Capital Securities Co., Ltd. are the joint underwriters of this offering.

Mr. Ma Cunjun, Chairman and CEO of Huize Holdings Co., Ltd. said: "We are very grateful to investors from all walks of life for their strong support and attention to Huize Holdings. The listing of Huize Holdings on the Nasdaq Global Market not only allows the company to step into the international capital market. Lays a solid foundation for the company's long-term development. In the future, the company will strive to consolidate our leading position in the online insurance market in China, and strive to break out of the industry, expand market share, and strive for the greatest value for shareholders."