Zhibao Technology Inc. Annual Report - How They Did This Year

Hey there! Let's take a look at Zhibao Technology Inc.'s performance for the fiscal year that just wrapped up on June 30, 2025.

First off, who is Zhibao Technology Inc.? Well, it's a company incorporated in the Cayman Islands, but it's mainly a holding company. This means it owns and manages other companies that do the actual work. In Zhibao's case, its main operations are all happening in China through its subsidiaries, primarily Zhibao Technology Co., Ltd. (Zhibao China) and Sunshine Insurance Brokers (Shanghai) Co., Ltd.

What do they actually do? Zhibao China has been in the insurance brokerage business since 2016. They help people and businesses find the right insurance policies. They also provide MGU services, which stands for Managing General Underwriter. This means they act on behalf of insurance companies to handle things like underwriting, policy administration, and claims processing. They also have a subsidiary, Shanghai Anyi, that focuses on research and development (R&D).

A Bit About Their Structure: The company was incorporated in the Cayman Islands in January 2023. This was part of a reorganization that started in late 2022 and finished in early 2023. The main reason for this was to make it easier for them to attract international investors. So, while Zhibao Technology Inc. is the parent company, the day-to-day business happens through its Chinese entities.

On the Stock Market: Their Class A ordinary shares trade under the ticker symbol ZBAO on the Nasdaq Capital Market. As of June 30, 2025, there were about 16.1 million Class A ordinary shares and 16.8 million Class B ordinary shares outstanding.

The company is considered an Emerging Growth Company, and they follow U.S. GAAP (Generally Accepted Accounting Principles) for their financial reporting.

Key Takeaways:

• Zhibao Technology Inc. is a Cayman Islands-incorporated holding company with primary operations in China through subsidiaries like Zhibao Technology Co., Ltd. and Sunshine Insurance Brokers (Shanghai) Co., Ltd.
• Their core business involves insurance brokerage and Managing General Underwriter (MGU) services, with an R&D focus through Shanghai Anyi.
• A reorganization in late 2022/early 2023 led to its Cayman Islands incorporation in January 2023, aimed at attracting international investors.
• The company's Class A ordinary shares trade on the Nasdaq Capital Market under the ticker ZBAO.
• As of June 30, 2025, there were 16.1 million Class A and 16.8 million Class B ordinary shares outstanding.
• Zhibao Technology Inc. operates as an Emerging Growth Company and adheres to U.S. GAAP for financial reporting.