ZBAO - Mergers and acquisitions

Shanghai, China--(Newsfile Corp. - March 31, 2026) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced its unaudited financial results for the six months ended December 31, 2025 (the first half of fiscal year 2026).First Half of Fiscal Year 2026 Financial HighlightsTotal Revenues: Increased by 41% to RMB 206.0 million ($29.5 million), up from RMB 146.4 million in the same period of 2024.Gross Profit: Rose to RMB 71.7 million ($10.3 million), representing a 34.8% gross margin, a significant improvement

Key HighlightsScale in Sports Safety: Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company") and partner Shenzhen Qianhai Yundongbao Network Technology Company ("Sportcares") for sports-related solutions provided insurance coverage for 1.47 million participants across 17,569 sporting events in 2025.Deepening Market Penetration: The Company successfully empowered 732 B-end partners, including 214 sports associations, 305 venues, 148 training institutions, and 50 event organizers.Standout Marathon Presence: Zhibao offered insurance for 252 marathons, protecting races like the SCO Kunming (Yunnan, China) with insurance as inexpensive as RMB 4 (USD $0.58) per person per race.In

KEY HIGHLIGHTSStrategic Milestone: Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company") and Sichuan Fanmo Technology Co., Ltd. ("F+More") have partnered to offer a specialized insurance product directly to individual drone pilots for the first time.Nationally Strategic Industry: Currently an RMB 500 billion industry, the low-altitude economy is expected to be named an emerging pillar industry in China's 15th Five-Year Plan and grow at a meaningful pace with demonstrated government support. 2B2C Expansion: Leveraging Zhibao's proprietary Platform-as-a-Service (PaaS), the partnership is expected to transition F+More's established 2B market expertise in drone servicing into a

KEY HIGHLIGHTSMilestone: Nearing RMB 100 million (USD 14.5 million) in natural gas insurance premiums, a 10x increase compared to calendar year 2025.Market Gap: China's residential property insurance market lags behind other markets. Zhibao is already active and growing in this market. Targeting: Optimized for "self-directed" Gen Z buyers, 84% of whom purchase insurance online.Shanghai, China--(Newsfile Corp. - March 2, 2026) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced record-breaking performa

Shanghai, China--(Newsfile Corp. - January 16, 2026) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," or the "Company"), a leading high-growth InsurTech company providing digital insurance brokerage services in China, today announced that it received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on January 12, 2026. The Compliance Notice confirms that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule"), which requires the timely filing of periodic financial reports with the U.S. Securities and Exchange Commission (the "SEC").As previously announced on November 21, 2025, Na

Shanghai, China--(Newsfile Corp. - December 12, 2025) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced the commencement of operations of Shanghai Zhibao Yingshi Health Technology Co. Ltd ("Zhibao Yingshi"), a joint venture company that was formed in September 2025 by Zhibao and Shanghai Xingtao Network Technology Co. Ltd, ("Yingshi Health"), a player in the mid-end medical insurance space in China. In November 2025, the Company recorded the first revenue in Zhibao Yingshi, primarily from service fee

Shanghai, China--(Newsfile Corp. - November 18, 2025) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," or the "Company"), a leading high-growth InsurTech company providing digital insurance brokerage services in China, today announced that the Company was unable to file its annual report on Form 20-F (the "Annual Report") by November 17, 2025 and has cancelled the earnings call previously scheduled at 10:00 AM ET. on November 18, 2025. The Company is working towards filing the Annual Report as soon as possible and will announce the new time for the earnings call. About Zhibao Technology Inc.Zhibao Technology Inc. (NASDAQ:ZBAO) is a leading high growth InsurTech company primarily engaging in

Shanghai, China--(Newsfile Corp. - November 14, 2025) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," or the "Company"), a leading and high-growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced that its wholly owned subsidiary, Zhibao Labuan Reinsurance Company Limited, a company incorporated in Malaysia ("Zhibao Labuan"), has received a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of "bbb-" (Good) from A.M. Best Company, Inc. ("AM Best"), the largest credit rating agency in the world specializing in the insurance industry. The outlook assigned to these Credit Rat

Shanghai, China--(Newsfile Corp. - October 23, 2025) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," "our," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced the Company's Earnings Call and issued preliminary revenue growth guidance for the fiscal year ended June 30, 2025 (the "FY2025 Earnings Call"). Management expects Zhibao's revenue growth for fiscal 2025 to be in the range of 60%-80% compared to the last fiscal year. Management also expects continued positive growth in other metrics, including profit, B Channels, C end customers for the fisc

Shanghai, China--(Newsfile Corp. - September 18, 2025) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao" or the "Company"), a leading and high-growth InsurTech company primarily providing digital insurance brokerage services through its operating entities in China, today celebrates its 10th anniversary. This milestone marks a decade of innovation and leadership in the InsurTech industry, highlighted by the Company's pioneering of the 2B2C digital embedded insurance model in China.Since its inception, Zhibao has been at the forefront of driving digital transformation in the insurance sector. The Company pioneered the 2B2C embedded insurance model in China and, in 2020, launched China's first d

Shanghai, China--(Newsfile Corp. - September 17, 2025) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced its wholly owned subsidiary Zhibao Health, has officially launched the "Ren Ren Kang Yue" product in collaboration with the People's Insurance Company of China ("PICC") on August 26, 2025. This new product is a middle-market medical insurance product designed to cover the needs of urban residents, between the ages of 20-50 years old, within China. With a slogan of "mid-end prices, high-end quality

Shanghai, China--(Newsfile Corp. - August 12, 2025) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced the signing of an agreement to collaborate on establishing a joint venture ("JV") company, to be formed, with Beijing Zhongfang Hongchuang Technology Company Limited ("Zhongfang"), a wholly-owned subsidiary of the China Disaster Prevention Association ("CDPA"), and Guangzhou Ruiling Intelligent Technology Co. Ltd. ("Ruiling"). Though this JV, the parties agree to establish a long-term, strategic rela

Zhibao Technology Acquires Controlling Interest in Zhonglian Jinan, More than Doubling its Branch Network and Strengthening Its Nationwide Insurance Brokerage Capabilities.Shanghai, China--(Newsfile Corp. - July 2, 2025) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced that one of its subsidiaries, Zhibao Technology Co., Ltd. ("Zhibao China"), has entered into a share purchase agreement ("Agreement") with two shareholders ("Sellers") of Zhonglian Jinan Insurance Brokers Co., Ltd. ("Zhonglian Jinan"

Strategic partnership positions Company to capitalize on China's fast-growing low-altitude insurance market opportunity projected at RMB 3.5 trillion by 2035Shanghai, China--(Newsfile Corp. - May 27, 2025) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced that its wholly owned subsidiary, Sunshine Insurance Brokers ("Sunshine"), has officially launched a strategic partnership with Sichuan Fanmo Technology Co., Ltd. ("F+More"), an innovative Chengdu-based insurance solution provider for China's rapidl

Shanghai, China--(Newsfile Corp. - April 22, 2025) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced the establishment of Zhibao Labuan Reinsurance Company Limited ("Zhibao Labuan"). The Zhibao Labuan received its license to seek to undertake general reinsurance operations beyond mainland China from the Labuan Financial Services Authority ("LFSA") on April 14, 2025. Zhibao Labuan's Role in Zhibao's Growth StrategyCurrently, Zhibao's revenue is primarily derived from brokerage and MGU fees earned from

Shanghai, China--(Newsfile Corp. - April 4, 2025) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced the launch of ZBOT, an advanced Artificial Intelligence ("AI") agent designed to empower Zhibao's sales staff with AI-enhanced efficiency. The launch of ZBOT marks a major step in Zhibao's ongoing commitment to leveraging cutting-edge technology to optimize sales operations and improve the overall customer experience.ZBOT now serves as a AI Agent for Zhibao's sales teams, assisting employees in identif

Shanghai, China--(Newsfile Corp. - March 14, 2025) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced an expansion in the natural gas Insurance Market through its subsidiary, Sunshine Insurance Broker in conjunction with YipinSmart, a subsidiary of China Gas. Sunshine first entered into a Marketing Agreement with YipinSmart in December 2024, covering five cities across Zhejiang and Jiangsu provinces, with a combined population of more than 36 million people. YipinSmart is a subsidiary of China Gas, a

Shanghai, China--(Newsfile Corp. - February 19, 2025) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced that its subsidiary, Sunshine Insurance Brokers ("Sunshine"), won the contract to provide brokerage services for Huiminbao Inclusive Medical Insurance in Baoshan, Yunnan. Baoshan is a provincial-level city in western China with a population exceeding 2 million and is the second largest city in western Yunnan Province.The mission of Huiminbao is to protect customers, including those with pre-existin

Shanghai, China--(Newsfile Corp. - December 10, 2024) - Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced the successful co-hosting of the first Longevity Risk Conference ("Conference") in Shanghai on December 8th, 2024. The Company worked closely with the Shanghai Insurance Exchange ("SHIE") and the University of International Business and Economics in China to co-host the Conference. The Conference focused on the cause and effects of longevity risk, as well as transfer and mitigation measures concern