ZBAO

This article first appeared on GuruFocus. Release Date: April 17, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Zhibao Technology Inc (NASDAQ:ZBAO) reported a 41% increase in revenue, reflecting successful execution of growth strategies. The company has expanded its collaboration to over 3,100 big channels, reaching more than 27 million end customers. The launch of PNU AI agents has significantly enhanced operational efficiency, with AI agents automating over 50% of daily code generation. Zhibao's digital insurance brokerage platform now supports over 40 proprietary digital insurance solutions across various sectors. The natural gas insurance segment achieved a tenfold year-over-year increase in total premiums, validating the company's strategy. Selling expenses increased by 123%, primarily due to higher marketing service fees. General and administrative expenses rose by 46%, driven by increased professional service expenses. Despite revenue growth, the company only achieved a modest net income of RMB0.6 million. Research and development expenses decreased by 21%, indicating potential underinvestment in innovation. The company had a relatively low cash and cash equivalents balance of RMB27.5 million as of December 31, 2025. Warning! GuruFocus has detected 5 Warning Signs with ZBAO. Is ZBAO fairly valued? Test your thesis with our free DCF calculator. Q: Have you given any thought to filing on a quarterly basis so that investors can follow the company more closely? A: Yes, the company will be moving to a quarterly filing schedule after this filing. The next filing will be for the third quarter of 2026, followed by the full-year filing for 2026. (Daniel Tao, Investor Relations Manager) Q: Can you provide more insight into how AI agents are supporting your operations? A: The AI agents are primarily internally facing, helping us process user data to improve workflows and technology. They enhance internal efficiency, allowing our sales team to distribute different types of insurance more effectively. This technology helps us maintain efficiency with a relatively small team managing a large customer base. (Daniel Tao, Investor Relations Manager) Q: What are the underlying drivers of the expense increase, and how are you ensuring revenue growth translates into sustainable profitability? A: The increase in...

Shanghai, China--(Newsfile Corp. - April 7, 2026) - Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao" or the "Company"), a leading high-growth InsurTech company and pioneer of the 2B2C digital embedded insurance model in China, today announced its 1H2026 Earnings Conference Call, recapping the Company's financial performance for the six month period ended December 31, 2025, as well as participation in the Skyline Signature Series investor webinar series. The Company will additionally host an investor outreach event in Mandarin Chinese. 1H2026 Earnings Conference Call Details Date: Friday, April 17, 2026 Time: 10:00 AM ET Location: Virtual Participant Listening Options Interested participants can join the event by using the dial-in numbers, or by clicking the link to join, provided below, for instant access to the call. U.S. Domestic: 1-877-423-9813 International: 1-201-689-8573 Link to Join: https://callme.viavid.com/viavid/?callme=true&passcode=13750000&h=true&info=company&r=true&B=6 Event Replay Options A replay of Zhibao Technology's earnings conference call will also be made available 3 hours following the conclusion of the call, accessible until Friday, April 24, 2026, at 11:59 PM ET. For anyone unable to attend the live event that would like to access the event replay, please dial the numbers and provide the access ID outlined below. Replay Dial-In: 1-844-512-2921 or 1-412-317-6671 Access ID: 13759796 We invite investors and analysts to join our upcoming 1H2026 earnings conference call, recapping the Company's financial performance for the six month period ended December 31, 2025, to learn more about the Company's recent performance and future growth outlook. Skyline Signature Series Webinar Following Zhibao Technology's 1H2026 earnings conference call, the Company will participate in the Skyline Signature Series investor webinar, scheduled to take place Friday, April 17, 2026, at 12:00 PM ET, where management will provide a deeper dive into recent initiatives and developments, as well as host an interactive Q&A session where audience members will have the opportunity to engage and ask questions directly. Date: Friday, April 17, 2026 Time: 12:00 PM ET Location: Virtual Link to Register: https://meetings.skylineccg.com/meeting/register?sessionId=1062015086&src=091d4f060576f91bcd054bfb6bb8c993c1411881fbae39d97a19b7477f604f72 Investor Outreach Event (conduc...

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 Highlights Total 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 compared to 29.1% in the same period of 2024. Net Income: Achieved a successful turnaround with net income of RMB 0.6 million ($0.1 million), compared to a net loss of RMB 0.6 million in the same period of 2024. Operational and Strategic Highlights Continued B-Channel Expansion: As of the date of this report, Zhibao has collaborated with more than 3,100 B-channels, compared to 2,000 in the same period last year. These channels have allowed the Company to reach and serve a pool of more than 27 million end customers, compared to 20 million in the same period last year. Diversified Portfolio: The Company's digital insurance brokerage platform now supports over 40 proprietary digital insurance solutions addressing sectors including travel, sports, logistics, utilities, and e-commerce. Natural Gas Sector Leadership: Leveraging its 2B2C embedded model, the Company's natural gas insurance segment surpassed RMB 100 million in total premiums over the past year, with brokerage revenue reaching nearly RMB 60 million. Management Commentary "Our results for the first half of fiscal 2026 are indicative of the sustained rapid growth of our 2B2C digital embedded insurance model," said Mr. Botao Ma, Chairman and Chief Executive Officer of Zhibao. "The 41% revenue increase and our return to profitability reflect the successful execution of our growth strategies. I am pleased to see our investment in sales expenses to accelerate our onboard of new B channels and their end users has begun to show results, with the number of B channels reaching over 3,100 and the number of end users reaching over 27 million." "The results announced today reflect a growing familiarity and acceptance of our...

Shanghai, China--(Newsfile Corp. - January 13, 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 fiscal year 2025 financial results for the twelve month period ended June 30, 2025. Recent Developments Product Offerings and Collaborations The Company's subsidiary, Zhibao Labuan Reinsurance Company Limited ("Zhibao Labuan") received its general reinsurance license in July 2025 from its regulator, Labuan Financial Services Authority ("LFSA"). Additionally, Zhibao Labuan was assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of "bbb-" (Good) from AM Best on November 6, 2025. Zhibao signed an agreement to collaborate on establishing a joint venture company ("Zhongfang JV"), 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"). Through the Zhongfang JV, the Company agreed with the other two parties to establish a long-term, strategic relationship aimed at jointly developing an innovative "Insurance + Technology + Service" model to deepen cooperation in the field of risk reduction services across China. In July 2025, the Company entered into a share purchase agreement with two shareholders of Zhonglian Jinan Insurance Brokers Co., Ltd. ("Zhonglian") in which Zhibao's subsidiary, Zhibao China, agreed to acquire an aggregate of 51% of the equity interest in Zhonglian for a total purchase price of RMB 25.5 million (approximately US$3.5 million) and will be paid in four installments. Zhibao has acquired 51% equity ownership of Zhonglian in September 2025, subject to adjustment based on the three additional installment. Financial and Operational Summary for the Year Ended June 30, 2025 Total revenues in the year ended June 30, 2025 increased by 51% to RMB 276.9 million (US$38.7 million) from RMB 183.7 million in the same period of 2024. Gross margin was 40.7% and 41.0%, respectively, for the fiscal year ended June 30, 2024 and 2025, respectively, and gross profit was RMB 113.6 million (US$ 15.9 million) for the fiscal year ended June 30, 2025 compared...

Shanghai, China--(Newsfile Corp. - November 3, 2025) - Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao" or the "Company"), a leading and high-growth InsurTech company providing digital insurance brokerage services in China, today announced that it will delay the filing of its audited financial results for the fiscal year ended June 30, 2025. The delay in filing is due to our need for additional time to complete year-end audit procedures and testing. At this time, the Company does not anticipate any issues related to accounting principles, or disagreements with the auditor. Additionally, Company would like to update its previously issued guidance to the below. This supersedes all previously issued guidance. "Management expects Zhibao's revenue growth for fiscal year 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 operating profit, B Channels, C end customers for the fiscal year 2025 compared to fiscal year 2024." The Company is working diligently to resolve the matter and currently expects to file its FY2025 financial results on or before November 14, 2025. Earnings Conference Call and Investor Webinar Postponement Zhibao was originally scheduled to host its FY2025 earnings conference call on Monday, November 4, 2025, at 10:00 am ET. This call has been postponed and rescheduled for November 18, 2025. Updated participation details are below: Date: Tuesday, November 18, 2025 Time: 10:00 AM ET Location: Virtual Participant Options Dial-In Numbers: 1-877-423-9813 or 1-201-689-8573 Participants can use Guest dial-in #s above and be answered by an operator OR click the Call me™ link for instant telephone access to the event. Call me™ link will be made active 15 minutes prior to scheduled start time. Additionally, the Company was slated to deliver a live webinar investor presentation on Thursday, November 13, 2025, at 12:00 pm ET, where management will recap the Company's recent financial and operational performance. This event has also been rescheduled, and will now take place on Thursday, December 4, 2025, at 12:00 pm ET. Management invites anyone interested in learning more about the Zhibao Technology company story to register, free of charge, by accessing the link below: Registration Link: https://us02web.zoom.us/webinar/register/7017593444538/WN_MZZElP7UQIidqbIk9PL...

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 fiscal year 2025 compared to fiscal year 2024. This anticipated increase is largely attributable to the Company's continued development of B Channels across various industries and sectors, growing acceptance of our business model, and successful execution of strategic investments, mergers and acquisitions. "I am very pleased with our expected top-line results for fiscal year of 2025. We have successfully implemented our strategy of expanding our 2B2C digital insurance solutions and are executing on the synergies of our diversified partnerships, which we believe resulted in revenue growth during this fiscal year. Further, we continue to drive organic growth through investments into our sales force and technology platform and believe that the sales growth momentum that we experienced during the 2025 fiscal year will continue," said Mr. Botao Ma, Chairman and CEO of Zhibao. "Furthermore, we are executing on our plan for strategic investments and M&A, which I believe will continue to assist our rapid top-line growth. The Company anticipates reporting its financial results for the fiscal year ended June 30, 2025, by October 31, 2025. The Company invites shareholders to attend the FY2025 Earnings Call, scheduled for November 4, 2025 at 10:00 a.m. ET, where management will deliver an in-depth overview of the Company's financial and operational performance for the fiscal year ended June 30, 2025, as well as address any analyst questions from the audience concerning these results. Earnings Call Details Date: Tuesday, November 4, 2025 Time: 10:00 AM ET Location: Virtual Participant Options Dial-In Numbers: 1-877-423-9813 or 1-201-689-8573 Call me™: https://callme.viavid.com/viavid/?cal...

Shanghai, China--(Newsfile Corp. - May 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 revised financial results for the six months ended December 31, 2024. Recently, the Company made updates to the results that were announced on April 15, 2025, in a few of the other expense and income lines that are below the (loss) gain from operations section in the income statement. The items that were adjusted included net interest expense, an addition of a gain on fair value of warrant liabilities, and a loss on settlement of convertible notes. Below are the adjustments that were made to the income statement: The net interest expense increased from RMB1.4 million ($0.2 million) to RMB1.6 million ($0.2 million). Added gain from fair value change of warrant liabilities of RMB1.4 million ($0.2 million). The loss on settlement of convertible notes increased from RMB4.1 million ($0.5 million) to RMB4.4 million ($0.6 million). Due to these adjustments, net loss decreased to RMB0.6 million ($0.09 million) for the six months ended December 31, 2024, compared to the amount reported on April 15, 2025 of a net loss of RMB1.5 million ($0.2 million) for the same period. Further, the adjusted basic and diluted GAAP loss per share was RMB0.02 ($0.00) for the six months ended December 31, 2024, versus the previous reported RMB0.05 ($0.01). In connection with the preparation of the unaudited interim condensed consolidated financial statements for the six months ended December 31, 2024, the management corrected the errors relating to the convertible notes and warrants issued to the Investor mentioned. The warrants were incorrectly accounted for and reported as equity in the Form 6-K that was filed on April 15, 2025, which should be reclassified as warrant liabilities. The errors as of December 31, 2024 and for the six months ended December 31, 2024 are revised as below in the revised unaudited condensed consolidated balance sheet and revised unaudited condensed consolidated statements of operations and comprehensive loss. Unaudited Condensed Consolidated Balance Sheet Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss The Company projects 70% revenue gro...

Shanghai, China--(Newsfile Corp. - April 15, 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 unaudited financial results for the six months ended December 31, 2024. Recent Developments Private Placement - First Tranche Financing with an Institutional Investor On September 23, 2024, the Company entered into a securities purchase agreement, as amended by a letter agreement dated as of February 14, 2025, (the "Securities Purchase Agreement") with an institutional investor (the "Investor"), which provides for loans in an aggregate principal amount of up to $8.0 million under three tranches (the "Financing"). Accordingly, on September 23, 2024, the Company consummated the first closing of the first tranche and issued to the Investor, (i) a convertible promissory note in the aggregate principal amount of up to $750,000 (the "First Tranche Note"), (ii) a warrant to purchase up to 74,451 Class A ordinary shares at an initial exercise price of $4.71 per share, subject to certain adjustments, and (iii) a pre-funded warrant to purchase up to 191,522 Class A ordinary shares at a nominal exercise price of $0.0001 per share, subject to certain adjustments. In return, the Company received $675,000 (net of original issue discount of 10%) on September 24, 2024, excluding expenses and commissions. On October 1, 2024, the Company and the Investor consummated the second closing of the first tranche. The Company received additional $675,000 (net of original issue discount of 10%) on October 7, 2024, excluding expenses and commissions, and issued to the Investor a warrant to purchase up to 79,599 Class A ordinary shares at an initial exercise price of $4.47 per share, subject to certain adjustments. On December 11, 2024, pursuant to the terms of the Securities Purchase Agreement and a letter agreement dated as of December 11, 2024, pursuant to which the Company and Investor waived certain pre-conditions to the third closing of the first tranche, the Company and the Investor consummated the third closing of the first tranche, and the Company received additional $900,000 (net of original issue discount of 10%) on December 12, 2024, excluding expenses and commissions, and issued...

Shanghai, China--(Newsfile Corp. - April 9, 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 1H2025 Earnings Conference Call, recapping the Company's financial performance for the six month period ended December 31, 2024, as well as a schedule of other upcoming investor focused events. "We look forward to attending these upcoming events, which serve as an excellent platform for Zhibao to not only share our latest financial results and strategic outlook, but also to further strengthen our engagement with investors around the world," said Mr. Botao Ma, CEO of Zhibao Technology Inc. "We believe that transparency and open dialogue are fundamental to building long-term trust and credibility with the investment community. These forums allow us to communicate our progress, answer questions directly, and provide deeper insight into our growth strategy as we continue to drive innovation in the InsurTech sector." 1H2025 Earnings Conference Call Date: Tuesday, April 15, 2025 Time: 11:00 AM ET Location: Virtual Participant Information: Dial-In Numbers: 1-877-423-9813 or 1-201-689-8573 Call me™: https://callme.viavid.com/viavid/?callme=true&passcode=13750000&h=true&info=company&r=true&B=6 - Participants can use the Guest dial-in numbers provided above and be answered by an operator OR click the Call me™ link for instant telephone access to the event. - The Call me™ link will be made active at 10:45 AM ET, April 15 We invite investors and analysts to join our upcoming 1H2025 earnings conference call, recapping the Company's financial performance for the six month period ended December 31, 2024, to gain valuable insights into the Company's performance and future growth outlook. Shanghai Shareholder Communication Event (in Chinese) Date: Wednesday, April 16, 2025 Time: 10:30 AM - 11:30 AM CST (10:30 PM - 11:30 PM ET, April 15) Location: In-Person, Shanghai (Virtual Attendance Available) Registration Link: https://meeting.tencent.com/dm/jM3yoxHAvSpC Registration Details: #腾讯会议：822-869-634 Meeting Password: 92333 In Person Invitation: Please send an invitation request via email to [email protected] Zhibao Technology's CEO, Mr. Botao Ma and CFO, Mr. Yuanwen Xia will delive...