The Zhibao Technology Inc. (NASDAQ: ZBAO) SEC filings page on Stock Titan provides access to the company’s Form 20-F annual reports, Form 6-K current reports and related registration statements and exhibits filed with the U.S. Securities and Exchange Commission. As a foreign private issuer and InsurTech company focused on digital insurance brokerage in China, Zhibao uses these filings to disclose details about its business model, financial condition, risk factors, internal controls and capital structure.
Through Zhibao’s 6-K filings, investors can review corporate governance and management changes, such as the appointment or role changes of executives, employment agreement terms at subsidiaries like Sunshine Insurance Broker and Zhibao China, and the creation of new positions including Chief Operating Officer and Chief Actuary. These reports also describe auditor changes, including the dismissal of a former independent registered public accounting firm, the appointment of a new firm, and references to previously disclosed material weaknesses in internal control over financial reporting.
Filings further cover capital markets and financing arrangements, including the Equity Purchase Agreement with Hudson Global Ventures, LLC that establishes an equity line of credit facility, the related Registration Rights Agreement, and the Financing Consulting Agreement tied to that facility. Disclosures explain the structure of these arrangements, such as aggregate limits, pricing mechanisms based on market prices and trading volumes, and the issuance of commitment and consulting shares.
Regulatory and listing matters appear in 6-Ks that discuss Nasdaq deficiency notices related to delays in filing Form 20-F, the timelines for submitting compliance plans, potential exception periods and the continued trading of ZBAO’s Class A ordinary shares during the review process. These documents help investors understand the company’s interaction with exchange listing standards.
On Stock Titan, ZBAO filings are paired with AI-powered summaries that highlight key points from lengthy documents, such as changes in auditors, new financing facilities, governance updates and risk disclosures. Real-time updates from EDGAR ensure that new 6-Ks, 20-Fs and registration statements are added as they are filed, while structured views of exhibits make it easier to locate specific agreements and letters, including auditor correspondence required under Item 16F of Form 20-F.
Zhibao Technology Inc. reported that shareholders approved a 1-for-50 reverse split of its Class A ordinary shares. The report states the split will become effective October 9, 2026, with split-adjusted trading beginning October 12; its accompanying press release instead says the split is expected to become effective October 12. The stated condition was met after the September 29 closing bid price of $0.0805 fell below the $0.12 threshold.
The split raises par value from $0.0001 to $0.005 per share. Fractional shares will be rounded up, and specified equity awards, conversion terms, and plan reserves will be adjusted proportionately. The press release says shareholders will retain the same percentage ownership immediately after the split, except for adjustments resulting from fractional-share treatment.
Zhibao Technology Inc. shareholders approved an increase in authorized share capital from US$50,000 divided into 500,000,000 ordinary shares to US$200,000 divided into 2,000,000,000 ordinary shares, including 1,500,000,000 newly created Class A shares; the Class B authorization remains 50,000,000. The amended and restated articles became effective September 29, 2026. They give Botao Ma veto rights over Board decisions and allow an interested director to vote and count toward quorum after disclosing the interest.
Shareholders also approved a 50-for-1 consolidation, conditional on a closing bid price below US$0.12 on any trading day; it is to take effect on the 15th trading day after that trigger or a later date accepted by Nasdaq. Jinyang Gu resigned as CFO effective September 26, 2026, and CEO Jinmei Guo Hellstroem will serve as interim CFO until the Board designates a successor. Xiaowei Le resigned as COO effective September 15, 2026. Both resignations were attributed to personal reasons and stated not to involve disagreement with the company.
Zhibao Technology Inc. (ZBAO) entered into a definitive agreement with Choi Sai Wai, sole shareholder of Malaysian NEXSYS TECH SDN. BHD., to acquire all its issued shares. Consideration is USD 1 in cash at Closing plus contingent consideration of up to USD 7.5 million, payable solely in Zhibao Class A ordinary shares. Closing is expected within 30 days after both parties sign, subject to satisfactory due diligence, clear title and required approvals.
The evaluation term runs from October 1, 2026, through December 31, 2028, and earn-out entitlement depends only on audited net profit under US GAAP. The cumulative full-term net profit target is USD 3.015 million; USD 201 million in reference revenue is not a separate payment condition. Shares issue only after the audited results and corresponding amount are final, subject to the aggregate USD 7.5 million cap.
NEXSYS had no historical operating business or meaningful operating results; its proposed business includes GPU servers and computing infrastructure services. Management-reported internet data centre cooperation arrangements cover approximately 26 MW of rack power capacity, which does not establish capacity owned, exclusively reserved, commissioned or presently available.
Zhibao Technology Inc. (ZBAO) amended its existing securities purchase agreement and senior secured convertible notes with its note holder and completed a third closing of this financing structure. The agreement permits issuance of up to $6,666,667 in original principal amount of senior secured convertible notes, sold at a 10% original issue discount.
On September 17, 2026, Zhibao issued a Third Note with an original principal amount of $1,000,000, purchased for $900,000, with substantially the same terms as earlier notes but without any floor price for conversions. The Third Note includes a Share Cap of 35,941,170 Class A ordinary shares and requires 12 equal monthly installment payments; if the Share Cap is reached before full conversion, the company must repay 125% of the sum of principal, interest, Made-Whole Amount and late charges. In connection with the third closing, Zhibao also entered into a waiver agreement with the note holder and made required payments under the first two notes, while paying placement commissions and expenses.
Zhibao Technology Inc. (ZBAO) is calling a September 29, 2026 extraordinary general meeting to seek shareholder approval for several capital and governance changes. Proposal 1 would increase authorised capital from 500,000,000 ordinary shares to 2,000,000,000 ordinary shares, including 1,950,000,000 Class A shares, all with a par value of US$0.0001.
Proposal 2 would adopt new memorandum and articles reflecting the capital increase and granting founder Botao Ma a board veto right when he is present and entitled to vote. Proposal 3 would authorise a conditional 1‑for‑50 share consolidation of all authorised, issued and outstanding Class A and Class B shares, effective on the 15th trading day after any trading day on which the Class A closing bid is below US$0.12, or a later date accepted by Nasdaq; fractional shares would be rounded up. Proposals 4 and 5 would update the constitutional documents to reflect the consolidation and permit adjournment of the meeting if additional proxy solicitation is needed.
Zhibao Technology Inc. (ZBAO), a Cayman Islands holding company for PRC insurance-technology operations, is registering for resale up to 414,275,709 Class A ordinary shares and up to 395,678,152 Warrant Shares issued in a PIPE financing. The company will not receive proceeds from Selling Shareholders’ resales but may receive $0.35 per Warrant Share, or about $138.5 million if all Warrants are exercised for cash. These Resale Shares plus Warrant Shares equal about 180.28% of currently outstanding Class A shares, which the company states could materially pressure its share price and dilute existing holders. Zhibao’s Class A shares trade on Nasdaq at $0.18 as of August 26, 2026. The company is a fast-growing InsurTech broker in China, with revenue rising from RMB 142.1 million in fiscal 2023 to RMB 276.9 million in 2025, while alternating between profit and loss. Operations depend on PRC subsidiaries, are subject to extensive Chinese regulatory oversight (including CSRC filing, cybersecurity and data rules), and face potential U.S. HFCA Act delisting risks. Zhibao received US$154.7 million for the PIPE units in 2,380 Bitcoins, whose value may fluctuate.
Zhibao Technology Inc. reported significant leadership and board changes effective August 17, 2026. The board accepted the resignations of several directors, the Chief Executive Officer Botao Ma (who remains a director but no longer chair), and the Chief Financial Officer Guangtong Ren, stating these were not due to disagreements over operations, policies, or practices.
The board appointed Jinmei Guo Hellstroem as Chief Executive Officer and chair of the board and Jinyang Gu as Chief Financial Officer. It also added three new independent directors — Truong Van Tien Anh, Zongmei Huang, and Dixon Perez Dai — and assigned them to key board committees. The board determined all three meet Nasdaq independence standards and audit committee independence rules, and designated Truong Van Tien Anh as an audit committee financial expert.
Joyer Investment Limited, wholly owned and directed by Jinmei Guo Hellstroem, purchased 44,200,000 Units of the company for total consideration of $15,470,000 in a private placement that closed on August 17, 2026. The company also put in place standard-form employment, director offer, and indemnification agreements for the new executives and directors.
Zhibao Technology Inc. completed a private investment in public equity with non-U.S. investors, issuing 442,000,000 PIPE Units at $0.35 per Unit for an aggregate purchase price of $154,700,000. The entire purchase price was paid via contribution of 2,380 Bitcoins, using a reference price of $65,000 per Bitcoin.
Each PIPE Unit consists of one Class A Ordinary Share and a two-year warrant to purchase one Class A Ordinary Share at an exercise price of $0.35. At closing, 395,678,152 PIPE Units were delivered, with the remaining 46,321,848 Units to be delivered after shareholder approval and an increase in authorized share capital, with no additional consideration. The company agreed to use commercially reasonable efforts to file a resale registration statement on Form F-1 within 45 days of July 31, 2026.
Zhibao Technology Inc. amended its senior secured convertible notes held by 3i, LP, changing the definition of the Floor Price from $0.30 to $0.22 for notes issued on April 10, 2026 and June 5, 2026. All other terms of the notes remain in effect.
The company also includes cautionary language regarding forward-looking statements, noting that actual results may differ due to factors such as business development, financial condition, valuation changes, expenditures, and global economic conditions, and refers readers to its Form 20-F, other Form 6-K reports, and additional documents filed with the SEC for further risk information.