Healthcare Ai Acquisition Corp. · OTC:HAIAF
Healthcare Ai Acquisition — SPAC Merger (April 2025)
29 slides from Healthcare Ai Acquisition's SPAC merger presentation, Apr 7, 2025
Slide 1: Leading Partners, Ltd. 2025 Investor Presentation
Leading Partners, Ltd. Ss LEADING Insurance channel specialist High growth, B2B China Insurance Services 2025 Investor Presentation © LEADING INVESTMENT DECK 2025
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Slide 6: Contents
CONTENTS 1 COMPANY OVERVIEW CHINESE INSURANCE MARKET ECOSYSTEM BUSINESS MODEL AND COMPETITIVE ADVANTAGE TRANSACTION STRUCTURE AND TERMS FINANCIAL SUMMARY © LEADING INVESTMENT DECK 2025
Slide 7: Company Overview
COMPANY OVERVIEW Leading is a nationwide licensed, B2B digital insurance broker operating in the China Insurance services segment Y ay 60+ Insurance companies 75+ sales channels Expert team with 10+ years 300+ Insurance branches insurance industry legacy > i aa uss. 1048.8 million! 60% Growth (FY202
Slide 8: Key investment considerations
Key investment considerations © Participation in the attractive China insurance services segment * Digital brokerage outperforms traditional brokerage —CAGR* 2019 - 2023: Digital 12.1% VS Traditional 4.4% * Driving digitization of the insurance market and service differentiation via proprietary tech
Slide 9: Company Overview: Board
‘COMPANY OVERVIEW Board Mr. Rod McGeoch independent Chairman Insurance Industry, business and commercial experience Roderick Hamilton McGeoch, aged 79, will serve as an independent director and the chairman of the board of directors of Leading Partners upon the consummation of the Business Combinati
Slide 10: Company Overview: Board
‘COMPANY OVERVIEW Board Insurance Industry, business and commercial experience Yingjin Zhang, aged 40, will serve as the director and president of Leading Partners upon the consummation of the Business Combination. Mr. et Zhang has more than ten years of experience in mobile internet, banking, insur
Slide 11: Company Overview: Senior management team
‘COMPANY OVERVIEW Se n ior man agem ent team Insurance Industry, business and commercial experience Mr. Jiahua Ren cmo Jiahua Ren, aged 42, will serve as the chief marketing officer of Leading Partners upon the consummation of the Business Combination. Mr. Ren has more than 20 years of management ex
Slide 12: Contents
CONTENTS 1 COMPANY OVERVIEW CHINESE INSURANCE MARKET ECOSYSTEM BUSINESS MODEL AND COMPETITIVE ADVANTAGE TRANSACTION STRUCTURE AND TERMS FINANCIAL SUMMARY © LEADING INVESTMENT DECK 2025
Slide 13: China's rapidly growing insurance segment
CHINESE INSURANCE MARKET ECOSYSTEM China’s rapidly growing insurance segment China's insurance premiums ma USS706 b in 2023, and is estimated to be over USS1 trillion in 2028 1 Estimated CAGR of 7.9% from 2023 to 2028 1 Property & Casualty accounts for 27% and includes, Vehicle & transport insurance
Slide 14: Insurance brokerage market participation outperforming broader segment growth
Insurance brokerage market cme nen participation outperforming broader segment growth © BROKERAGE MARKET (USD: BIL LEADING The market share of insurance brokers participation in China’s insurance sales keeps growing: * It is forecast to be 27.6% in 20281. 2019 - 2023 Insurance premiums achieved by i
Slide 15: Digital insurance brokers outperforming traditional brokers
CHINESE INSURANCE MARKET ECOSYSTEM Digital insurance brokers outperforming traditional brokers Digital insurance brokerage has a higher growth rate compared to traditional insurance brokerage. From 2019-2023, market average growth rate? Traditional insurance brokers: Digital insurance brokers: 10 Le
Slide 16: Insurance companies in China struggle with distribution power and resources
CHINESE INSURANCE MARKET ECOSYSTEM Insurance companies in China struggle with distribution power and resources in a rapidly expanding market ap Slow moving and cumbersome Ineffective distribution channels Single channel for acquiring Unable to fulfill potential policy- customers buyers insurance nee
Slide 17: Contents
CONTENTS 1 COMPANY OVERVIEW CHINESE INSURANCE MARKET ECOSYSTEM BUSINESS MODEL AND COMPETITIVE ADVANTAGE TRANSACTION STRUCTURE AND TERMS FINANCIAL SUMMARY © LEADING INVESTMENT DECK 2025
Slide 18: Business model differentiation to developed markets
fo} BUSINESS MODEL & COMPETITIVE ADVANTAGE Business model differentiation to developed markets @ The scale of the Chinese insurance market, combined with technology adoption and internet penetration, have provided Leading with a market opportunity that we believe is optimised through our B2B busines
Slide 19: Revenue and profit drivers
BUSINESS MODEL & COMPETITIVE ADVANTAGE Revenue and profit drivers How we generate revenues Insurance carriers pay Leading a brokerage based on the Gross Premiums placed through the Sales Channels we connect with the Insurance carriers We increase our revenue through the acquisition of new channel pa
Slide 20: Competitive strengths
BUSINESS MODEL & COMPETITIVE ADVANTAGE Competitive strengths © Proven capability to analyse use cases and develop sales channels (75+ sales channels). © By expanding use cases, analyzing insurance demands and matching resources, Leading helps sales channels with policy conversion. © Technology, solu
Slide 21: Operating model
BUSINESS MODEL & COMPETITIVE ADVANTAGE Operating model al INSURANCE COMPANIES mcs — (S>LEADING se management Your Premium Partner marketing, ih v Vv y C= ‘strona (eee ‘Analyze channel needs to precisely match insurance products through analysis/prediction Product/service recommendations Provide insu
Slide 22: Strong organic growth strategy
BUSINESS MODEL & COMPETITIVE ADVANTAGE Strong organic growth strategy The following growth strategies will help the company realize sustainable growth: () (OBA Sales Channel Operation and R&D @ Products © LEADING INVESTMENT DECK 2025
Slide 23: Contents
CONTENTS 1 COMPANY OVERVIEW CHINESE INSURANCE MARKET ECOSYSTEM BUSINESS MODEL AND COMPETITIVE ADVANTAGE TRANSACTION STRUCTURE & TERMS FINANCIAL SUMMARY © LEADING INVESTMENT DECK 2025
Slide 24: Proposed structure and economic outcome
TRANSACTION STRUCTURE & TERMS Proposed structure and economic outcome * Pro forma equity value of US$573mm and pro forma enterprise value of US$531mm. + To drive organic growth, Leading Group and HAIA also aim to raise another US$50mm. through private placement. * Leading Group shareholders will rol
Slide 25: VIE - Variable Interest Entity
TRANSACTION STRUCTURE & TERMS VIE - “Variable Interest Entity” The VIE structure enables Chinese operating companies to access foreign capital that would otherwise not be available due to restrictions against foreign ownership in certain industries. In the Leading transaction, “VIE” means Shanghai H
Slide 26: Contents
CONTENTS 1 COMPANY OVERVIEW CHINESE INSURANCE MARKET ECOSYSTEM BUSINESS MODEL AND COMPETITIVE ADVANTAGE TRANSACTION STRUCTURE & TERMS FINANCIAL SUMMARY © LEADING INVESTMENT DECK 2025
Slide 27: Historical and forecast financial summary
FINANCIAL SUMMARY Historical and forecast financial summary US$ millions Fiscal years ended June 30, 2023A 20200 | (2025E 2026E 2027E Revenue $31.63 $50.90 $91.28 $168.57 $311.07 % growth 65.3%, 79.3% 84.6% 84.0% Operating Costs (30.81) (49.72) (86.55) (159.28) (295.77) Gross Profit $0.82 $1.17; $4.
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