U-BX Technology is a small Chinese insurtech company that sells digital marketing and data analytics services to property and casualty insurance carriers and brokers in China, with a focus on the auto insurance market. U-BX operates three core businesses. First, it runs performance-based digital advertising campaigns for insurance carriers on platforms like TikTok and Kuaishou, buying traffic from third-party platforms and reselling exposure to carriers — charging fees based on clicks, views, or promotion time. Second, it sells AI-generated vehicle risk assessment reports (branded "Magic Mirror") to auto insurance carriers on a per-report basis, using a proprietary algorithm to predict accident probability, claim likelihood, and estimated settlement amounts. Third, it resells vehicle maintenance service bundles and a vehicle-moving notification service to carriers, who pass these on to policyholders as retention tools. U-BX also operates Wowobaodian, a free WeChat mini-program publishing insurance industry content for brokers, used primarily for lead generation. The digital promotion business is the most cost-intensive, as payments to third-party traffic suppliers represent the majority of total costs. The Magic Mirror risk reports are likely the highest-margin business, with costs centered on algorithm development rather than variable inputs. U-BX's client base includes over 300 city-level P&C carriers, with notable clients including People's Insurance Company of China and China Pacific Property Insurance, though a single customer accounted for 37.9% of revenues in FY25.