U-BX Technology Ltd. Ordinary Shares

U-BX Technology Ltd., along with its subsidiaries, provides artificial intelligence-driven value-added services to businesses in China's insurance industry. Its offerings include digital promotion services, risk assessment services, and bundled value-added benefits such as auto maintenance, auto value-added services, and vehicle moving notifications, delivered to property and auto insurance carriers and insurance brokers. The company also supplies insurance-related information to individual consumers and offers the Magic Mirror algorithm, which calculates payout risks for carriers underwriting auto insurance coverage. Formerly known as Famingsur Develop Limited, it changed its name to U-BX Technology Ltd. in October 2021. Founded in 2018, the company is based in Beijing, China.