Welcome to our dedicated page for Jingbo Technology SEC filings (Ticker: SVMB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Jingbo Technology, Inc. (SVMB) provides access to the company’s official regulatory disclosures as a Nevada corporation. These documents, filed with the U.S. Securities and Exchange Commission, offer detailed information on material events, governance changes, and contractual arrangements that affect the company.
Among the filings, a Form 8-K describes a material event involving the resignation of the company’s then Chief Executive Officer and Chief Financial Officer from those officer roles, while remaining as a director and chairman of the board. The same report documents the appointment of a new CEO and a new CFO, outlines their prior experience in technology, e-commerce, tourism technology, and financial services, and references employment agreements that define their compensation and responsibilities.
Through this page, users can review current and historical 8-K reports and other SEC forms that may be filed by Jingbo Technology, Inc., such as annual and quarterly reports when available. These filings can shed light on the company’s operations in commercial mobile technical support services in China, its collaboration efforts in the China e-commerce market, and the backgrounds of key executives.
Stock Titan enhances these filings with AI-powered summaries that explain the main points of each document in clear language. Instead of reading full-length filings line by line, users can rely on these summaries to understand leadership changes, material agreements, and other significant disclosures, while still having direct access to the complete SEC documents for deeper analysis.
Jingbo Technology, Inc. reported continued losses and significant balance sheet pressure for the nine months ended November 30, 2025. Net revenues were $1.20 million, down from $1.49 million a year earlier, while the net loss narrowed to $2.01 million from $6.20 million. The business generated a modest operating cash outflow of $96,099.
The Company remains highly leveraged and in a deficit position. Total liabilities were $37.91 million against total assets of $12.24 million, resulting in a shareholders’ deficit of $25.67 million. Current liabilities exceeded current assets, creating a working capital deficit of $7.07 million as of November 30, 2025.
Management explicitly concludes there is substantial doubt about Jingbo’s ability to continue as a going concern and is relying on potential equity and debt financing and related-party support. The filing also details extensive use of variable interest entity structures in China, with contractual arrangements needed to control operating entities, and notes that regulatory changes or enforcement in the PRC could materially disrupt operations and consolidation of those VIEs.
Jingbo Technology, Inc. announced leadership changes effective November 10, 2025. Mr. Guowei Zhang resigned as Chief Executive Officer and Chief Financial Officer, effective immediately, and will continue to serve as a director and as chairman of the Board.
The Board appointed Ben Liu as Chief Executive Officer and Qiang Chen as Chief Financial Officer, effective the same date. Under their employment agreements, Mr. Liu will receive an annual cash fee of $25,360 as CEO, and Mr. Chen will receive $16,907 as CFO, each paid in monthly installments. The agreements are filed as Exhibits 10.1 and 10.2.
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