Marketing solutions provider Uju Holding (HKG:1948) acquired 266,666 American depositary shares (ADSs) in Yuanbao in the latter's initial public offering for $4 million or $15 apiece, a May 2 Hong Kong bourse filing said.

The underlying ordinary shares under the acquired ADSs represent roughly 0.59% of Yuanbao's total issued shares.

Yuanbao is a leading technology-driven online insurance distributor incorporated in the Cayman Islands.