Zhibao Technology Announces Regaining Compliance with Nasdaq Listing Rules
Rhea-AI Summary
Zhibao Technology (NASDAQ: ZBAO) announced it regained compliance with Nasdaq Listing Rule 5250(c)(1) after filing its Form 20-F for the fiscal year ended June 30, 2025 on January 9, 2026. Nasdaq issued a Compliance Notice on January 12, 2026 confirming the company timely filed periodic reports with the SEC and is no longer out of compliance. Zhibao had previously been notified of noncompliance on November 19, 2025 due to the delayed 2025 Annual Report. The filing restored the company’s standing with Nasdaq and closed the compliance matter.
Positive
- Regained compliance with Nasdaq Rule 5250(c)(1) on January 12, 2026
- Filed the 2025 Form 20-F with the SEC on January 9, 2026, resolving the delay
Negative
- Received a Nasdaq noncompliance notice on November 19, 2025 due to delayed Form 20-F filing
News Market Reaction
On the day this news was published, ZBAO declined 2.46%, reflecting a moderate negative market reaction. Argus tracked a trough of -24.2% from its starting point during tracking. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $817K from the company's valuation, bringing the market cap to $32M at that time.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
Before this compliance news, ZBAO was down 0.6%. Several insurance broker peers also showed weakness: HUIZ -1.3%, RELI -2.08%, AIFU -3.94%, TIRX -6.89%, while GOCO rose 5.73%. The momentum scanner still flags this as stock-specific rather than a coordinated sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| 2026-01-13 | Fiscal 2025 earnings | Negative | -2.6% | Strong revenue growth but swing from profit to net loss for fiscal 2025. |
| 2025-12-12 | JV launch | Positive | +17.9% | Launch of Zhibao Yingshi JV targeting growth in medical insurance products. |
| 2025-12-05 | Executive appointments | Positive | +11.9% | Three internal promotions to COO, CMO, and Chief Actuary roles supporting growth. |
| 2025-11-21 | Nasdaq deficiency notice | Negative | -0.0% | Nasdaq notice for non-compliance with Rule 5250(c)(1) due to delayed 20-F filing. |
| 2025-11-18 | Filing delay update | Negative | -15.3% | Company confirmed missing the Form 20-F deadline and canceling its earnings call. |
Recent news flow shows the stock generally moving in the same direction as the perceived news tone, including sharp downside after filing delays and upside on JV and management updates.
Over the last few months, Zhibao navigated a delayed Form 20-F filing, a Nasdaq deficiency notice, and subsequent auditor and management changes. Operationally, it reported fiscal 2025 results with strong revenue growth but a net loss, and launched the Zhibao Yingshi JV targeting medical insurance products. Regulatory filings detailed an equity purchase agreement and governance updates. The current announcement that the company has regained compliance with Nasdaq Listing Rule 5250(c)(1) by filing its 2025 Annual Report on January 9, 2026 closes the loop on the earlier reporting delay.
Market Pulse Summary
This announcement confirms Zhibao has filed its delayed Form 20-F for the year ended June 30, 2025 and regained compliance with Nasdaq Listing Rule 5250(c)(1) as of January 12, 2026. It effectively closes out the deficiency process that began with the November 2025 notice. In context of recent earnings showing revenue growth but a net loss, investors may focus on ongoing execution, internal controls, and the company’s ability to deliver on growth initiatives like its new joint ventures.
Key Terms
nasdaq listing rule 5250(c)(1) regulatory
form 20-f regulatory
u.s. securities and exchange commission regulatory
AI-generated analysis. Not financial advice.
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, Nasdaq had notified the Company on November 19, 2025 that it was not in compliance with the Rule due to a delay in filing its Form 20-F for the fiscal year ended June 30, 2025 (the "2025 Annual Report"). On January 9, 2026, the Company filed its 2025 Annual Report with the SEC, and regained compliance as a result.
About Zhibao Technology Inc.
Zhibao Technology Inc. (NASDAQ: ZBAO) is a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities ("Zhibao China Group") in China. 2B2C ("to-business-to-customer") digital embedded insurance is the Company's innovative business model, which Zhibao China Group pioneered in China. Zhibao China Group launched the first digital insurance brokerage platform in China in 2020, which is powered by their proprietary PaaS ("Platform as a Service").
Zhibao has developed over 40 proprietary and innovative digital insurance solutions addressing different scenarios in a wide range of industries, including but not limited to travel, sports, logistics, utilities, and e-commerce. Zhibao acquires and analyzes customer data, utilize big data and AI technology to continually iterate and enhance its digital insurance solutions. This iterative process, in addition to continually improving its digital insurance solutions, will keep it abreast of the new trends and customer preferences in the market. For more information, please visit: ir.zhibao-tech.com.
Forward-Looking Statements
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "is/are likely to," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of our annual reports on Form 20-F (as amended) and registration statements on Form F-1 (as amended) that have been filed or will be filed from time to time with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statements and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.
Investor Relations Contact
Zhibao Technology Inc.
Investor Relations
Office Email: ir@zhibao-tech.com
Skyline Corporate Communications Group, LLC
Scott Powell, President
Avenues Tower
1177 Avenue of the Americas, 5th floor
New York, NY 10036
Office: (646) 893-5835
Email: info@skylineccg.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280610
FAQ
What did Zhibao (NASDAQ: ZBAO) announce on January 16, 2026 about Nasdaq compliance?
When did Zhibao file its 2025 Form 20-F with the SEC for NASDAQ: ZBAO?
When did Nasdaq confirm Zhibao (ZBAO) regained compliance with listing rules?
Why was Zhibao (ZBAO) previously out of compliance with Nasdaq in 2025?
Does the January 9, 2026 Form 20-F filing affect Zhibao shareholder status on Nasdaq?
