Exhibit 99.1
Huize Regains Compliance with Nasdaq Minimum Bid Price Requirement
SHENZHEN, China, December 31, 2024 Huize Holding Limited, (Huize or the Company) (NASDAQ: HUIZ), a leading insurance
technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced that it has received a notification letter
(the Compliance Notice) from the Listing Qualifications Department of the Nasdaq Stock Market Inc. (Nasdaq) dated December 30, 2024, informing the Company that it has regained compliance with Nasdaq Listing Rule
5450(a)(1) (the Minimum Bid Price Requirement).
As previously disclosed, the Company was notified by Nasdaq on September 10, 2024 that
the Company was not in compliance with the Minimum Bid Price Requirement, as the closing bid price of the Companys American depositary shares (ADSs) was below US$1.00 per share for 30 consecutive business days.
On December 30, 2024, Nasdaq confirmed in the Compliance Notice that the closing bid price of the Companys ADSs has been at US$1.00 per share or
greater for 10 consecutive business days, from December 9, 2024, to December 27, 2024. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1), and the matter is closed.
About Huize Holding Limited
Huize Holding
Limited is a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia. Targeting mass
affluent consumers, Huize is dedicated to serving consumers for their life-long insurance needs. Its online-to-offline integrated insurance ecosystem covers
the entire insurance life cycle and offers consumers a wide spectrum of insurance products, one-stop services, and a streamlined transaction experience across all scenarios. By leveraging AI, data analytics,
and digital capabilities, Huize empowers the insurance service chain with proprietary technology-enabled solutions for insurance consultation, user engagement, marketing, risk management, and claims service.
For more information, please visit http://ir.huize.com or follow us on social media via LinkedIn
(https://www.linkedin.com/company/huize-holding-limited), Twitter (https://twitter.com/huizeholding) and Webull
(https://www.webull.com/quote/nasdaq-huiz).