1. YSX Tech signed a two-year agreement with Huijian for collaboration. 2. Focus areas include auto insurance services and supply chain finance. 3. Partnership aims to develop customized insurance products using AI data. 4. Collaboration expected to create value for car owners and insurers. 5. Mr. Jie Xiao emphasized integration of technical capabilities for growth.
FAQ
Why Bullish?
The strategic partnership with Huijian enhances YSXT's service capabilities. Historical precedents show that partnerships can significantly boost growth in tech-driven sectors.
How important is it?
The agreement represents a strategic shift that could significantly impact future revenues, enhancing YSXT's competitive positioning in the insurance market.
Why Long Term?
The agreement outlines a two-year plan aiming for sustainable growth through innovation, similar to other successful long-term tech partnerships.
YSX TECH. CO., LTD Forms Strategic Alliance with Huijian Information Technology
GUANGZHOU, China, Dec. 15, 2025 (GLOBE NEWSWIRE) -- YSX TECH. CO., LTD (NASDAQ: YSXT), a Myanmar-based company providing comprehensive business solutions primarily for insurance firms in China, has announced a new partnership with Huijian Information Technology Service Co., Ltd. This collaboration, formalized through a two-year Framework Cooperation Agreement, aims to enhance auto insurance services, bolster supply chain finance capabilities, and develop innovative insurance products.
Key Areas of Focus in the Agreement
The cooperation between YSX TECH. and Huijian will concentrate on three critical domains:
- Enhanced Auto Insurance After-Sales Services: Utilizing Huijian's extensive supply chain network will allow YSXT to improve service delivery to car owners, thereby providing standardized and high-quality after-sales support.
- Supply Chain Finance: By leveraging Huijian's operational and credit data, YSXT intends to establish credit profiles for automotive supply chain stakeholders, facilitating access to financing through its insurer network.
- Data-Driven Insurance Products: The partnership aims to create customized insurance offerings, including usage-based auto insurance and parts warranty insurance, informed by Huijian’s automotive data.
Strategic Implications of the Alliance
The collaboration is designed to integrate YSX TECH.'s insurer network with Huijian's technological capabilities and industry experience. Mr. Jie Xiao, CEO of YSXT, stated, “This strategic partnership is expected to deepen our collaboration over the next two years and leverage complementary resources and innovations to deliver value to both car owners and insurers.”
Mr. Xiao emphasized the partnership's role in fostering cross-industry integration among automotive services, finance, and insurance, aiming to develop a cohesive and collaborative industrial ecosystem.
About Huijian Information Technology
Founded in 2015, Huijian specializes in automotive lifecycle services, focusing on intelligent data integration and management powered by artificial intelligence. The company boasts a robust intellectual property portfolio in automotive data processing and supply chain analysis.
About YSX TECH. CO., LTD
YSX TECH. CO., LTD is a Cayman Islands exempted company dedicated to providing comprehensive business solutions to insurance companies and brokerages operating within China. With extensive experience and insights into the Chinese insurance market, YSX TECH. excels in auto insurance aftermarket services and software solutions.
To learn more, visit: YSX IR and YSX Website.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those anticipated. Investors should not place undue reliance on forward-looking statements and are encouraged to review YSX TECH.'s filings with the United States Securities and Exchange Commission available at www.sec.gov.
Contact Information
For further inquiries, please contact:
- YSX TECH. CO., LTD: marketing@ysxnet.com | +86 (20) 2984 2002
- Investor Relations: WFS Investor Relations Inc. | services@wealthfsllc.com | +1 628 283 9214