QDM International Inc.

QDM International Inc. is a holding company incorporated in Florida that conducts its insurance brokerage business primarily in Hong Kong through its indirectly wholly-owned subsidiary, YeeTah. YeeTah sells a wide range of insurance products, categorized into two major types: life and medical insurance, which includes individual life insurance; and general insurance, which covers automobile insurance, commercial property insurance, liability insurance, and homeowner insurance. Additionally, YeeTah operates as a Mandatory Provident Fund ("MPF") intermediary. In this role, it is licensed to assist customers with information collection, explain MPF products and policies (excluding investment advisory services), help set up MPF accounts, and facilitate fund transfers across MPF schemes. The MPF and the Occupational Retirement Schemes Ordinance ("ORSO") in Hong Kong are retirement protection schemes for Hong Kong resident employees. YeeTah sells insurance products underwritten by 24 insurance companies operating in Hong Kong. Its customers are individual Hong Kong residents or visitors from mainland China. As of the date of this Report, YeeTah offers approximately 629 insurance products. The company is compensated by commissions paid by insurance companies, typically a percentage of the premium. Commissions are generally paid the month after a 21-day cooling-off period, during which policy purchasers can cancel for a refund. For the fiscal year ended March 31, 2026, approximately 31.3%, 26.1%, and 11.6% of YeeTah's total commissions were attributable to three specific insurance companies, respectively.