QDM is a holding company that operates YeeTah, a Hong Kong-based insurance brokerage. YeeTah acts as an intermediary connecting individual customers with policies issued by licensed Hong Kong insurers. The business focuses almost exclusively on mainland Chinese visitors seeking life, health, and savings-oriented products, including endowment and annuity policies. These life and medical products account for nearly all of the company's revenue, while general insurance and retirement fund services represent a negligible portion of the business. YeeTah utilizes a team of licensed technical representatives to conduct face-to-face sales and leverages referral agreements with business partners to source clients. The revenue model depends on commissions paid by insurance companies, with long-term life products yielding significantly higher rates than general insurance. YeeTah also generates a secondary revenue stream by referring customers to partners for investment and insurance products outside its own distribution. The company's strategy involves expanding its sales capacity by recruiting more representatives and building referral partnerships with mainland Chinese financial institutions and wealth managers. YeeTah maintains a high level of partner concentration, as three insurance companies provide the majority of its commission income.