Zhongmiao Holdings (01471) was awarded the “Most Investment Potential Company”, and its growth logic was highly recognized by the capital market

On December 3, 2025, Zhongmiao Holdings (01471) successfully won the “Most Investment Potential Company” award at the high-profile “10th Zhitong Financial Capital Market Annual Conference and Listed Company Award Ceremony”.

This authoritative selection, which focuses on the value targets of Hong Kong stocks, is based on performance growth, strategic foresight, and capital market returns as the core criteria, and finally approved the insurance technology company that landed in Hong Kong stocks in August 2024. From the issue price of HK$7 at the time of listing, to an annual increase of 60.57% at the end of 2024 at the closing price of HK$11.24 (no reinstatement, same below), to a phased peak of HK$18.88 in 2025, Zhongmiao Holdings, which has been listed for more than a year, has solidly supported the honor of “the most investment potential” with continuous cash in value. This recognition not only affirms its development results, but also reflects the capital market's long-term confidence in the company's strategic logic.

Double scenario deep cultivation to establish a solid foundation for business growth

As an ecological fintech enterprise under Haier Group, Zhongmiao Holdings is committed to deepening the two major scenarios of insurance distribution and technology services, driving business innovation with an ecological model and providing professional solutions for the Chinese market.

Unlike traditional insurance intermediaries that simply rely on product distribution, Zhongmiao Holdings has established a “technology+scenario+ecology” differentiation strategy. It is committed to breaking the dilemma of industry homogenization, reconstructing the entire insurance service process through digital capabilities, and building a “co-creation and win-win” ecosystem to achieve transformation from a “product distributor” to an “ecological builder”. Focusing on this core strategy, Zhongmiao Holdings has developed a multi-dimensional layout, and every step of the way has been implemented as a tangible development result.

In terms of building a strong business foundation, the company has deeply cultivated insurance agency services in the “home+business” scenario, forming a highly competitive core business segment. For home users, through the combination of online platforms and offline touchpoints, we provide one-stop services from product consulting, intelligent insurance to quick claims processing; for enterprise users, upgrade the corporate insurance interactive service platform to cover presets and claim data accumulation in more than 70 segmented risk scenarios to provide customized and differentiated insurance solutions.

Technological innovation has become the core support for scene services. The company continues to increase resource investment in cutting-edge technology fields such as artificial intelligence, big data, and blockchain. While enabling the digital upgrading of insurance services, the company has successfully created standardized technology products such as smart claims processing and risk reduction. Technical capabilities and scenario-based solutions have been fully verified by the market.

In August 2025, the “Smart Insurance Claim” AI-driven insurance service system independently developed by Zhongmiao Holdings was successfully selected as the 2024 Qingdao Financial Innovation Achievement. The Zhitong Finance App learned that “Smart Insurance Claim” has been successfully applied by many insurance companies, which not only strengthens risk management and service quality for insurance institutions, but also enhances their operational efficiency and market competitiveness. In the long run, the commercialization potential of Zhongmiao Holdings' technology output is gradually being unleashed, opening up a second growth curve for the company.

This layout directly drives the continued growth of the core business. In 2024, the company's insurance agency business revenue reached 188 million yuan (RMB, same below), up 20.6% year on year; in the first half of 2025, the sector's commission revenue further increased to 109 million yuan, a year-on-year increase of 32.8%, making it the company's stable cash flow pillar. At the same time, the total premium scale promoted by the company also achieved leaps and bounds, reaching 936 million yuan in the first half of 2025, an increase of 40.5% over 666 million yuan in the same period in 2024, demonstrating the market's recognition of its service capabilities.

Actively strategic mergers and acquisitions to move towards comprehensive fintech services

In terms of expanding ecological boundaries, the strategic merger and acquisition of Zhongmiao Holdings in 2025 became a key achievement. In August, the company acquired 55% of the shares of Beijing Kechuang Rongxin Technology Co., Ltd., a new third-board fintech company, with 165 million yuan in cash, to accurately enter the digital service circuit of banks and other financial institutions. Kechuang Rongxin has been deeply involved in the field of fintech for more than 20 years. Its core business covers RMB circulation management, clearing systems, etc., and its customers cover many state-owned banks and regional commercial banks.

This merger and acquisition not only enabled Zhongmiao Holdings to break through the business boundaries of the insurance industry, but also realized the synergy between technical capabilities and customer resources. Combining the company's intelligent risk control and big data analysis capabilities with Kechuang Rongxin's banking system management experience, it is possible to jointly develop cross-industry financial digital products such as “bank+insurance” linked risk management systems. Meanwhile, Kechuang Rongxin's stock financial institution customers have also provided a new implementation scenario for Zhongdingmiao's insurance technology products, promoting the company's transformation into a comprehensive fintech service provider.

Steady growth in performance confirms long-term development potential

Solid financial performance and clear growth path further confirm the long-term development potential of Zhongmiao Holdings. In 2024, the company achieved revenue of 206 million yuan, an increase of 18.3% over the previous year; net profit to mother was 46.657 million yuan, an increase of 15.6% over the previous year; in recent years, the net interest rate has stabilized above 22.4%. The growth trend continued in the first half of 2025, achieving revenue of 114 million yuan and net profit of 25.63 million yuan, with year-on-year increases of 28.4% and 16.2%, respectively. Against the backdrop of the industry facing challenges such as “integrated reporting and banking” policy adjustments and fluctuations in consumer demand, it still maintained steady growth resilience.

Going back to the development path of Zhongmiao Holdings, winning the “Most Investment Potential Company” award this time is essentially a concentrated expression of its strategic strength and execution ability. From establishing a differentiated route of “technology+scenario+ecology” to deepening the core business, building a firm foundation, increasing R&D and strengthening barriers, and expanding the boundaries of strategic mergers and acquisitions, the company has stepped on the development trend of the fintech industry every step of the way. Guided by the “Fintech Development Plan (2025-2027)”, which clarifies that the digitalization rate of financial institutions will exceed 85% in 2027, this enterprise with both industrial genes, technological capabilities and ecological layout has become a growth target that cannot be ignored in the Hong Kong stock insurance technology sector, opening up a broad space for long-term growth.

This honor not only crowns Zhongmiao Holdings' past operating achievements, but also an expectation for its future value. With the continuous deepening of technological empowerment and the continuous improvement of the ecological layout, Zhongmiao Holdings is expected to continue to break through the blue ocean of fintech and create greater value for shareholders, customers and the industry. The recognition and support of the capital market will also become the most solid driving force for it to move forward.