| Description | QDM International Inc. (the "Company") is a holding company incorporated in Florida in March 2020 and conducts its insurance brokerage business primarily through its wholly-owned subsidiary, Hong Kong Yeetah Insurance Broker Limited, formerly known as YeeTah Insurance Consultant Limited ("Yeetah") in Hong Kong, Yeetah markets and sells diversified insurance products, including property, life and social security insurance products, underwritten by insurance companies operating in Hong Kong to individual customers from Hong Kong SAR and Mainland China. As a licensed insurance intermediary, Yeetah does not need to bear underwriting risks. In addition, under the insurance regulations in Hong Kong, In addition, as a Mandatory Provident Fund ("MPF") intermediary, YeeTah also provides its customers with assistance on account opening and related services under the MPF and the Occupational Retirement Schemes Ordinance schemes ("ORSO") in Hong Kong, both of which are mandatory retirement protection schemes set up for employees. The Company primarily generates its income through the commissions paid by insurance institutions, typically based on a percentage of the premium paid by the insured. Commissions generally vary based on the type and term of insurance products, as well as the particular underwriting insurance carrier, and can be shared with other insurance agent or broker partners.
Additional info from OTC:
QDM International Inc. (the "Company") is a holding company incorporated in Florida in March 2020 and conducts its insurance brokerage business primarily through its wholly-owned subsidiary, Hong Kong Yeetah Insurance Broker Limited, formerly known as YeeTah Insurance Consultant Limited ("Yeetah") in Hong Kong, Yeetah markets and sells diversified insurance products, including property, life and social security insurance products, underwritten by insurance companies operating in Hong Kong to individual customers from Hong Kong SAR and Mainland China. As a licensed insurance intermediary, Yeetah does not need to bear underwriting risks. In addition, under the insurance regulations in Hong Kong, In addition, as a Mandatory Provident Fund ("MPF") intermediary, YeeTah also provides its customers with assistance on account opening and related services under the MPF and the Occupational Retirement Schemes Ordinance schemes ("ORSO") in Hong Kong, both of which are mandatory retirement protection schemes set up for employees. The Company primarily generates its income through the commissions paid by insurance institutions, typically based on a percentage of the premium paid by the insured. Commissions generally vary based on the type and term of insurance products, as well as the particular underwriting insurance carrier, and can be shared with other insurance agent or broker partners.
Additional info from OTCQB:
QDM International Inc. (the "Company") is a holding company incorporated in Florida in March 2020 and conducts its insurance brokerage business primarily through its wholly-owned subsidiary, Hong Kong Yeetah Insurance Broker Limited, formerly known as YeeTah Insurance Consultant Limited ("Yeetah") in Hong Kong, Yeetah markets and sells diversified insurance products, including property, life and social security insurance products, underwritten by insurance companies operating in Hong Kong to individual customers from Hong Kong SAR and Mainland China. As a licensed insurance intermediary, Yeetah does not need to bear underwriting risks. In addition, under the insurance regulations in Hong Kong, In addition, as a Mandatory Provident Fund ("MPF") intermediary, YeeTah also provides its customers with assistance on account opening and related services under the MPF and the Occupational Retirement Schemes Ordinance schemes ("ORSO") in Hong Kong, both of which are mandatory retirement protection schemes set up for employees. The Company primarily generates its income through the commissions paid by insurance institutions, typically based on a percentage of the premium paid by the insured. Commissions generally vary based on the type and term of insurance products, as well as the particular underwriting insurance carrier, and can be shared with other insurance agent or broker partners. |
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