SHENZHEN, China, Dec. 31, 2024 — Huize Holding Limited (“Huize” or the “Company”) (NASDAQ: HUIZ), a leading Asian insurance technology platform digitally connecting consumers, insurers, and distribution partners via data-driven and AI solutions, announced it has regained compliance with Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement), as confirmed in a December 30, 2024 notification from Nasdaq.

Following a September 10, 2024 Nasdaq notification of non-compliance due to the closing bid price of its American depositary shares (“ADSs”) falling below US$1.00 for 30 consecutive business days, Huize now meets the requirement.

Nasdaq’s December 30, 2024 notice confirmed that the closing bid price of Huize’s ADSs had been at or above US$1.00 per share for ten consecutive business days (December 9-27, 2024). This resolves the matter.

About Huize Holding Limited

Huize Holding Limited is a leading Asian insurance technology platform digitally connecting consumers, insurers, and distribution partners using data-driven and AI-powered solutions. Focusing on mass affluent consumers, Huize provides comprehensive lifelong insurance solutions. Its integrated online-to-offline ecosystem covers the entire insurance lifecycle, offering a wide range of products, one-stop services, and streamlined transactions. Huize leverages AI, data analytics, and digital technologies to provide technology-enabled solutions for insurance consultation, user engagement, marketing, risk management, and claims service throughout the insurance service chain.

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Safe Harbor Statement

This announcement includes forward-looking statements under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about Huize’s beliefs and expectations, are forward-looking statements. These statements, often including terms like “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and “confident,” include, among other things, business outlook and management quotations. Huize may also make written or oral forward-looking statements in SEC filings, shareholder reports, press releases, other written materials, and oral statements by officers, directors, or employees. Forward-looking statements involve inherent risks and uncertainties. Actual results may differ materially due to factors including, but not limited to: Huize’s goals and strategies; expansion plans; future business development, financial condition, and results of operations; market demand and acceptance of online insurance products; relationships with insurer partners, insurance clients, and collaborators; general economic and business conditions; and underlying assumptions.

For investor and media inquiries, please contact:

Investor Relations
Kenny Lo
Investor Relations Manager

Media Relations

Christensen
In China
Ms. Dee Wang
Phone: +86-10-5900-1548
Email:

In U.S.
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email:

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