SHENZHEN, China, Oct. 02, 2025 — Huize Holding Limited (NASDAQ: HUIZ) (“Huize” or the “Company”), a premier insurance technology platform that digitally connects consumers, insurance carriers, and distribution partners through data-driven and AI-powered solutions across Asia, announced today that Mr. Aaron Xiaolei Hou has submitted his resignation from his role as an independent director on the board of directors (the “Board”). His departure also includes his memberships on the nominating and corporate governance committee, the audit committee, and the compensation committee of the Board, effective September 30, 2025. This decision was made for personal reasons and is not due to any dispute with the Company. Following his resignation, the Board has resolved to appoint Mr. Cunjun Ma as the new chairperson of the nominating and corporate governance committee.
Mr. Cunjun Ma, Chairman and Chief Executive Officer of Huize, stated: “On behalf of both the Company and the Board, I extend our sincerest appreciation to Mr. Hou for his invaluable contributions during his service as an independent director. His extensive experience and profound insights have been crucial in strengthening Huize’s corporate governance and guiding its strategic progression. We are grateful for his dedication and wish him ongoing success in his future undertakings.”
About Huize Holding Limited
Huize Holding Limited stands as a leading insurance technology platform in Asia, seamlessly linking consumers, insurance providers, and distribution networks through sophisticated data analytics and AI-driven solutions. Focusing on mass affluent consumers, Huize is committed to addressing their comprehensive, lifelong insurance requirements. Its integrated online-to-offline insurance ecosystem encompasses the full insurance life cycle, providing clients with an extensive array of insurance products, unified services, and a streamlined transactional journey across diverse scenarios. By harnessing the power of AI, data analytics, and digital capabilities, Huize bolsters the insurance service chain with proprietary technology-enabled tools for insurance consultation, customer engagement, marketing efforts, risk mitigation, and claims processing.
Safe Harbor Statement
This press release includes forward-looking statements. Such statements are issued pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Any statements herein that are not historical facts, including those concerning Huize’s beliefs and future expectations, constitute forward-looking statements. These forward-looking statements are identifiable by terms such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” and similar expressions. Among other elements, the business outlook and management quotations within this announcement contain forward-looking statements. Huize may also present written or oral forward-looking statements in its regular reports filed with the U.S. Securities and Exchange Commission (the “SEC”), its annual report to shareholders, other press releases, written materials, and in oral discussions by its officers, directors, or employees with third parties. Forward-looking statements inherently involve risks and uncertainties. Various factors could lead actual results to differ substantially from those indicated in any forward-looking statement. These factors include, but are not limited to, the following: Huize’s objectives and strategies; Huize’s plans for expansion; Huize’s future business growth, financial standing, and operational outcomes; Huize’s expectations regarding the demand for and market acceptance of its online insurance products; Huize’s expectations concerning its relationships with insurer partners, insurance clients, and other collaborating entities; general economic and business conditions; and underlying assumptions related to any of the above.
Additional details regarding these and other risks can be found in Huize’s filings with the SEC. All information provided in this press release is current as of its publication date, and Huize disclaims any obligation to update any forward-looking statement, unless mandated by applicable law.
For investor and media inquiries, please contact:
Investor Relations
Kenny Lo
Investor Relations Manager
investor@huize.com
Media Relations
mediacenter@huize.com
Christensen Advisory
In China
Ms. Dolly Zhang
Phone: +852 6996 4179
Email: dolly.zhang@christensencomms.com
In U.S.
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com
