SectorInsurance
Established Date--
Listing Date05/11/2019
ExchangeNASDAQ Stock Exchange
Full-time Employees30
Fiscal Year Ends30/09
Security TypeDepository Receipts (Ordinary Shares)
Office addressRoom 613, No.259, Guoxia Road, Yangpu District, Shanghai, 200433, People’s Republic of China
BusinessPublic Rental Housing Service
IntroductionXChange TEC.INC was established in August 2014. Following the strategic business transformation, the company transitioned from its previous long-term rental apartment operation to focus on the insurance sector. Through its acquired subsidiary Alpha Mind, the company operates as an insurance agency and insurtech business in China and holds the necessary licenses to offer a variety of insurance products from major insurance companies under the B2B model. The company leverages an extensive sales network and proprietary SaaS platform to facilitate insurance distribution and services. In addition, the company has expanded its business into the Hong Kong insurance market in China by acquiring an insurance brokerage company headquartered in Hong Kong, China.
