YSX Tech
Auto insurance technology and distribution platform for China's insurance market
Overview
YSX Tech (Nasdaq: YSXT) is an insurance technology platform provider for auto insurance carriers and brokerages in China. The company delivers scenario-based insurance solutions covering risk assessment, customer development, and data-driven services for the Chinese P&C auto market.
Its platform integrates with over 50 distribution channels and supports insurance sales, marketing, and customer operations through web, mobile app, and WeChat interfaces. In fiscal year 2026, YSX Tech processed over 6.07 million service calls, a 28.8% increase year over year, with auto insurance aftermarket services accounting for 96.7% of revenue.
Founded in 2017 and headquartered in Kashgar, Xinjiang, the company completed an IPO on the Nasdaq in December 2024 (ticker: YSXT) and reported fiscal year 2026 revenue of USD 83.5 million -- up 16.8% from the prior year. YSX Tech serves over 30 major Chinese insurers including PICC, Ping An Insurance, China Life, and CPIC.
Products & Services
Auto Insurance Aftermarket Value-Added Services
Integrated risk assessment, customer development, and data-driven services delivered to auto insurance companies and brokerages. This is the company's core offering, representing 96.7% of fiscal year 2026 revenue (USD 80.8 million).
Key Features
- Risk assessment and vehicle screening for auto insurance brokerages
- Customer development and acquisition support for insurers
- Data-driven analytics and reporting
- 6.07 million service calls processed in FY2026 (up 28.8% year over year)
Target Users: Auto insurance carriers and brokerages in China
Car Insurance System
Multi-channel integration platform connecting insurance providers with over 50 distribution channels and platforms, with rate optimization across channels.
Key Features
- Integration with 50+ distribution channels and platforms
- Rate matching and optimization across providers
- Connects insurers with distribution partners at scale
Target Users: Insurance carriers and distribution channel operators
Marketing Bao
Management platform for insurance sales and marketing operations, accessible through mobile apps, WeChat, and web-based interfaces.
Key Features
- Mobile app, WeChat, and web-based access
- Insurance sales team and channel management
- Customer engagement and distribution workflow support
Target Users: Insurance sales teams and brokerages
Full-Site Search
High-throughput full-text search engine built on Lucene, deployed across insurance industry platforms.
Key Features
- 20 million queries per minute throughput capacity
- Memory-optimized design (1 MB heap)
- Deployed across high-volume industry platforms
Target Users: Insurance industry platform operators
At a Glance
- Founded
- 2017
- Headquarters
- Kashgar, Xinjiang, China
- Funding
- Public
Category & Focus
- Category
- Distribution & Sales
- Subcategories
- Auto Insurance Platform Insurance Distribution Digital Sales Tools
- Insurance Verticals
- P&C Personal P&C Commercial
- Target Customers
- Carriers, Brokers
Customers
- PICC (People's Insurance Company of China)
- Ping An Insurance
- China Life
- CPIC (China Pacific Insurance Company)
- Taikang Insurance
- Taiping Insurance
- Sunshine Insurance
Links
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Last updated: 2026-07-22