<SEC-DOCUMENT>0001193125-25-092688.txt : 20250905
<SEC-HEADER>0001193125-25-092688.hdr.sgml : 20250905
<ACCEPTANCE-DATETIME>20250424102606
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-25-092688
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20250424

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Yuanbao Inc.
		CENTRAL INDEX KEY:			0001995520
		STANDARD INDUSTRIAL CLASSIFICATION:	INSURANCE AGENTS BROKERS & SERVICES [6411]
		ORGANIZATION NAME:           	02 Finance
		EIN:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		BUILDING 2, NO.8 BEICHEN WEST ROAD
		STREET 2:		CHAOYANG DISTRICT
		CITY:			BEIJING
		STATE:			F4
		ZIP:			100101
		BUSINESS PHONE:		86-10-6484-9901

	MAIL ADDRESS:	
		STREET 1:		BUILDING 2, NO.8 BEICHEN WEST ROAD
		STREET 2:		CHAOYANG DISTRICT
		CITY:			BEIJING
		STATE:			F4
		ZIP:			100101
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML><HEAD>
<TITLE>CORRESP</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE" STYLE="line-height:Normal">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;margin-bottom:0pt; margin-left:32%">


<IMG SRC="g425047g0418023907317.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">58th Floor, China World Tower A </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">No.1 Jian Guo Men Wai Avenue </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Beijing 100004, P.R. China </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Telephone: +8610 5737 9300 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Facsimile: +8610 5737 9301 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">www.kirkland.com </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">April 24, 2025
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>CONFIDENTIAL </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ben Phippen </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Marc Thomas </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Aisha Adegbuyi </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Susan Block </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Division of Corporation Finance </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Office of Finance </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">100 F Street, N.E. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Washington, D.C. 20549 </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>Re:</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Yuanbao Inc. </B></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B>&#8201;</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Registration Statement on Form <FONT STYLE="white-space:nowrap">F-1</FONT> (File <FONT
STYLE="white-space:nowrap">No.&nbsp;333-282164)</FONT> </B></P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dear Mr.&nbsp;Phippen, Mr.&nbsp;Thomas, Ms.&nbsp;Adegbuyi, Ms.&nbsp;Block:
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On behalf of our client, Yuanbao Inc., a foreign private issuer incorporated under the laws of the Cayman Islands (the
&#147;<B>Company</B>&#148;), we are filing herewith Amendment No.&nbsp;3 to the Company&#146;s registration statement on <FONT STYLE="white-space:nowrap">Form&nbsp;F-1&nbsp;(the</FONT> &#147;<B>Registration Statement</B>&#148;) containing a
preliminary prospectus with the estimated offering size and a price range and certain exhibits via EDGAR with the Securities and Exchange Commission (the &#147;<B>Commission</B>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Company respectfully advises the staff of the Commission (the &#147;<B>Staff</B>&#148;) that the Company plans to commence the road show
for the proposed offering on or about April 25, 2025. and seeks to request that the Staff declare the effectiveness of the Registration Statement on or about April 29, 2025. The Company, together with the underwriters, plan to file joint
acceleration requests in time before the requested effective time. The Company would greatly appreciate the Staff&#146;s continuing assistance and support to the Company in meeting the proposed timetable for the offering. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>*&#8195;*&#8195;* </I></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If you
have any questions regarding this letter, please contact me at Justin You Zhou at justin.zhou@kirkland.com, +8610 5737 9323 (work) or +852 6807 7708 (cell). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Thank you for your time and attention. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="100%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Very truly yours,</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Justin You Zhou</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Justin You Zhou</TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Enclosure </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g425047g0418023907317.jpg" ALT="LOGO">
 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">

<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Division of Corporation Finance</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Office of
Finance</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities and Exchange Commission</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">April 24, 2025</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Page 2</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right"><B>CONFIDENTIAL</B></TD></TR></TABLE> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">c.c.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Rui Fang, Chairman of the Board and Chief Executive Officer </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#8194;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Huirui Wan, Chief Financial Officer </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#8194;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Mengyu Lu, Esq., Partner, Kirkland&nbsp;&amp; Ellis International LLP </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#8194;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Jing Hu, Partner, PricewaterhouseCoopers Zhong Tian LLP </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#8194;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Benjamin Su, Esq., Partner, Latham&nbsp;&amp; Watkins LLP </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#8194;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Daying Zhang, Esq., Partner, Latham&nbsp;&amp; Watkins LLP </P></TD></TR></TABLE>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g425047g0418023907317.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g425047g0418023907317.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  7 6@# 2(  A$! Q$!_\0
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MD>)+M1<:+J]E! UW(=YL)-@ P3]U&[T ;4OCJXTGQ1XKAU*X5[#3(8FM84C
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6/)_U7[L?)_N^GX444 6QTHHHH __V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
