Detail akcie XChange Sp ADS online

Business Summary: XChange TEC.INC is a holding company principally engaged in insurance agency and insurance technology businesses. The Company specializes in distributing automobile insurance policies at the earlier stage of the business and subsequently expanded insurance product portfolio to include other types of insurance including life, health, group accident and other property related insurances. The Company offers automobile insurance and other property related insurance products underwritten by major insurance companies in China. The insurance agency business has developed a referral system that relies on the external registered sales representatives (insurance agents), distribution channel partners, and in-house sales force. The Company mainly operates its businesses in the domestic market.
Financial Summary: BRIEF: For the fiscal year ended 30 September 2025, XChange TEC.INC (ADR) revenues increased 27% to RMB365.3M. Net loss before extraordinary items increased 22% to RMB748.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Technology-driven long-term apartment rental platform segment loss increase of 22% to RMB720.3M.