Yuanbao (NASDAQ: YB) filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the SEC on April 30, 2026. The report is available on the company's investor relations site and shareholders or ADS holders may request a free hard copy.
Requests for a hard copy can be sent to the Investor Relations Department in Beijing or via email at ir@yb-inc.com.
On Apr 30, the day this news came out, YB closed 4.96% above the previous close.
Data tracked by StockTitan Argus for the Apr 30 session.
Market Context
This announcement formalizes Yuanbao’s 2025 performance and risk profile via a Form 20-F, confirming...
Analysis
This announcement formalizes Yuanbao’s 2025 performance and risk profile via a Form 20-F, confirming revenue of RMB4,373.2M and net income of RMB1,307.5M. It highlights the WFOE/VIE structure, reliance on a few insurance carriers, and concentration in short-term products, alongside HFCAA and PCAOB-related listing risks. Investors may focus on how these structural and regulatory factors balance against rapid growth and cash strength described in recent earnings and the annual report.
Key Figures
2025 Revenue:RMB4,373.2M2025 Revenue (USD):US$625.4MRevenue growth vs 2024:33.1%+3 more
Notice of upcoming Q3 2025 results release and conference call logistics.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
form 20-f, u.s. securities and exchange commission, ads, wfOE, +3 more
7 terms
form 20-fregulatory
"announced that it filed its annual report on Form 20-F for the fiscal year"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
u.s. securities and exchange commissionregulatory
"with the U.S. Securities and Exchange Commission (“SEC”) on April 30, 2026"
The U.S. Securities and Exchange Commission is a government agency responsible for overseeing the stock market and protecting investors. It sets rules to ensure that companies share truthful information and that trading is fair, helping to maintain trust in the financial system. This oversight is important because it helps prevent fraud and ensures that investors can make informed decisions.
adsregulatory
"could affect the Nasdaq-listed ADSs if PCAOB access changes."
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
wfOEregulatory
"using a WFOE-and-VIE structure to navigate PRC restrictions"
WFOE stands for Wholly Foreign-Owned Enterprise, a company set up in a country that is owned entirely by nonresident investors rather than local partners. Think of it as a foreign-owned branch that lets outside owners control operations, profits and strategy directly; this matters to investors because it affects legal control, how profits are taxed or repatriated, and the company’s exposure to local regulations and political risk.
vieregulatory
"using a WFOE-and-VIE structure to navigate PRC restrictions"
To vie means to compete with others for a limited prize, such as contracts, customers, market share or an acquisition target. Investors pay attention because competition can change a company’s costs, pricing power and growth prospects—like bidders pushing prices higher at an auction, firms that actively vie can drive up spending or valuations and signal how likely they are to gain or lose market advantage.
hfCAAregulatory
"HFCAA-related risks that could affect the Nasdaq-listed ADSs"
The HFCAA is a U.S. law that requires companies listed on U.S. stock exchanges to allow their auditors to be inspected by U.S. regulators; if a company’s auditors can’t be reviewed for several years, the company risks being removed from U.S. markets. For investors, it matters because the law increases transparency and audit oversight—think of it as a safety inspection for a car—while also creating a clear regulatory trigger that can affect a stock’s availability and price if compliance can’t be shown.
pcaobregulatory
"if PCAOB access changes."
The PCAOB (Public Company Accounting Oversight Board) is an independent regulator that inspects and enforces rules for the auditors who check public companies’ financial statements. Think of it as a referee for accountants: it sets standards, reviews audit work, and can punish sloppy or dishonest audits. That matters to investors because trustworthy, well-audited financial reports reduce the risk of surprises and help people make better decisions about buying, holding, or selling stocks.
BEIJING, April 30, 2026 (GLOBE NEWSWIRE) -- Yuanbao Inc. (“Yuanbao” or the “Company”) (NASDAQ: YB), a leading technology-driven online insurance distributor in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission (“SEC”) on April 30, 2026. The annual report can be accessed on the Company’s investor relations website at ir.yb-inc.com.
The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations Department, Yuanbao Inc., Building 2, No.8 Beichen West Road, Chaoyang District, Beijing, 100101, the People’s Republic of China or via email at ir@yb-inc.com.
About Yuanbao Inc.
Yuanbao Inc. is a leading technology-driven online insurance distributor in China, committed to protecting health and well-being through innovative technology. Leveraging its proprietary consumer service cycle engine and advanced technologies, Yuanbao delivers customized insurance solutions from its partnered insurance carriers to over ten million insurance consumers throughout the entire insurance lifecycle, ranging from personalized recommendations to post-sales services. Through deep collaboration with insurance carriers and the use of data-driven insights, Yuanbao empowers carriers to tailor flagship products, enhances consumer engagement, and drives scalable and efficient distribution.
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When did Yuanbao (YB) file its Form 20-F for fiscal year 2025?
Yuanbao filed its Form 20-F on April 30, 2026. According to the company, the filing covers the fiscal year ended December 31, 2025 and is available on its investor relations website.
Where can investors access Yuanbao's (YB) 2025 annual report?
Investors can access the 2025 annual report on Yuanbao’s investor relations website. According to the company, a downloadable copy is posted at the IR site and a hard copy is available upon request.
How can Yuanbao shareholders request a free hard copy of the Form 20-F?
Shareholders may request a free hard copy by contacting Investor Relations in Beijing or emailing ir@yb-inc.com. According to the company, the hard copy includes audited consolidated financial statements.
What does Yuanbao's (YB) Form 20-F include for fiscal year 2025?
The Form 20-F includes the company's audited consolidated financial statements for fiscal year 2025. According to the company, the annual report provides the usual disclosures for SEC filings.
What contact details does Yuanbao provide for annual report requests (YB)?
Yuanbao lists its Investor Relations Department address in Chaoyang District, Beijing, and the email ir@yb-inc.com. According to the company, requests should be directed to that address or email for a free copy.
