QDM International Inc. (OTC: QDMI)

QDM International Inc. operates as a holding company with its primary business activities conducted through its wholly owned subsidiary, Hong Kong YeeTah Insurance Broker Limited, primarily based in Hong Kong. The company specializes in selling a wide range of insurance products, including life and medical insurance, as well as general insurance such as automobile, commercial property, liability, and homeowner insurance. Additionally, YeeTah serves as a Mandatory Provident Fund (MPF) intermediary, providing assistance with account opening and related services under the MPF and Occupational Retirement Schemes Ordinance (ORSO) schemes in Hong Kong.

QDM International Inc. generates revenue through commissions paid by insurance companies, typically based on a percentage of the premium paid by the insured. These commissions are usually received the month after the cooling-off period of the policies sold, which generally lasts 21 days. The company also earns commissions from referring potential clients to a trust company in Hong Kong for asset management services. The primary customer base consists of individual customers who are either Hong Kong residents or visitors from mainland China.

• Insurance Brokerage: YeeTah sells a variety of insurance products, including life and medical insurance, automobile insurance, commercial property insurance, liability insurance, and homeowner insurance. These products are underwritten by insurance companies operating in Hong Kong and cater to individual customers who are either Hong Kong residents or visitors from mainland China. The company earns commissions from these sales, which are typically paid by the insurance companies after the cooling-off period.

• MPF Intermediary Services: As a licensed MPF intermediary, YeeTah provides customers with assistance on account opening and related services under the MPF and ORSO schemes in Hong Kong. These schemes are retirement protection schemes set up for employees who are Hong Kong residents.

• Asset Management Referrals: In December 2023, QDM International Inc. entered into a collaborative partnership with a trust company in Hong Kong. This partnership allows the company to refer potential clients for asset management services, earning commissions based on a percentage of the value of the investment products purchased by the referred clients.

QDM International Inc. holds a significant position in the insurance brokerage industry in Hong Kong. The company's competitive advantages include its established relationships with insurance companies and its ability to cater to both local residents and visitors from mainland China. Additionally, the company's role as an MPF intermediary and its partnership with a trust company for asset management referrals provide it with a diversified revenue stream. While specific key competitors are not mentioned in the filing, the company's strategic partnerships and broad range of insurance products position it well within the industry.

The general customer base for QDM International Inc. includes individual customers who are either Hong Kong residents or visitors from mainland China. These customers seek various insurance products and services, as well as retirement protection schemes and asset management services. The company's ability to cater to a diverse customer base strengthens its market position and revenue generation capabilities.