Insurance Tech Intermediary Company Baige Online Submits Application to Hong Kong Stock Exchange Again

SadMoneyMeow · 2026-03-21T03:16:48+00:00

White Pigeon Online submitted its prospectus to the Hong Kong Stock Exchange on March 18. Established in 2015, the company focuses on "insurance + technology" and provides digitalized risk management solutions. From 2022 to 2025, the company's revenue continued to grow, with founder Tu Jinbo holding a controlling stake of 55.58%.

SadMoneyMeow

2026-03-21 03:16:48

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Guancha.com News: On March 18, Baige Online (Xiamen) Digital Technology Co., Ltd. once again submitted its IPO prospectus to the Hong Kong Stock Exchange, having first filed on February 28, 2025.

Baige Online was founded in 2015, focusing on “Insurance + Technology.” As a digital risk management solution provider for scenario-based insurance in China, it mainly uses scenario insurance as a tool, generating revenue through innovative and technology-enabled risk management financial services, intelligent marketing, digital solutions, and TPA services (Third-Party Administration).

From 2022 to 2025, the company’s revenue was 405 million yuan, 660 million yuan, 914 million yuan, and 1.227 billion yuan, respectively; gross profit was 33.505 million yuan, 52.05 million yuan, 83.217 million yuan, and 102 million yuan.

The prospectus shows that the company’s founder, Chairman, and CEO Tu Jinbo holds 55.58% of the shares. In April 2021, New Hope Investment Group invested a total of 53.3 million yuan through capital increase and share transfer, acquiring 15% of the shares. The latest shareholding is 13.87%, making it the second-largest shareholder.

Disclaimer: The content and data of this article are compiled by Guancha based on public information and do not constitute investment advice. Please verify before use.

(Edited by: Wang Zhiqiang HF013)

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