Zhibao CMO reports 156,108 indirect ZBAO shares

Zhibao Technology Inc. executive Luo Xiao filed an initial ownership statement showing an indirect stake in the company.

Rhea-AI Filing Summary

Zhibao Technology Inc. executive Luo Xiao filed an initial ownership statement showing an indirect stake in the company. The filing reports beneficial ownership of 156,108 Class A ordinary shares, all held through Tianze Zihan Holdings Limited, a British Virgin Islands corporation wholly owned by Luo.

Because Luo is the sole shareholder of Tianze, he exercises 100% of the voting and dispositive power over these Class A ordinary shares. This Form 3 does not report a new purchase or sale, but simply records Luo’s existing indirect holdings as Chief Marketing Officer.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Luo Xiao

Role Chief Marketing Officer

Type	Security	Shares	Price	Value
holding	Class A Ordinary Shares	--	--	--

Holdings After Transaction: Class A Ordinary Shares — 156,108 shares (Indirect, See footnote)

Footnotes (1)

1. F1. Represents 156,108 Class A ordinary shares held by Tianze Zihan Holdings Limited ("Tianze"), a British Virgin Islands corporation. Mr. Xiao Luo is the sole shareholder of Tianze, and thus exercises 100% of the voting and dispositive power of the Class A ordinary shares held by Tianze.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Luo Xiao’s Form 3 filing for Zhibao Technology (ZBAO) show?

The Form 3 shows that Chief Marketing Officer Luo Xiao beneficially owns 156,108 Class A ordinary shares of Zhibao Technology. These shares are reported as an existing indirect holding rather than a new purchase or sale.

How many Zhibao Technology (ZBAO) shares does Luo Xiao indirectly own?

Luo Xiao indirectly owns 156,108 Class A ordinary shares of Zhibao Technology. The filing lists this amount as his total beneficial ownership following the reported holdings, with no separate buy or sell transaction disclosed.

How are Luo Xiao’s Zhibao Technology (ZBAO) shares held?

The 156,108 Class A ordinary shares are held by Tianze Zihan Holdings Limited, a British Virgin Islands corporation. Luo Xiao is Tianze’s sole shareholder, giving him full voting and dispositive power over the shares held by Tianze.

Is Luo Xiao’s Form 3 for Zhibao Technology (ZBAO) a buy or sell transaction?

The Form 3 does not report a buy or sell transaction. It records Luo Xiao’s existing indirect ownership of 156,108 Class A ordinary shares of Zhibao Technology as of the filing date, consistent with an initial ownership statement.

What role does Luo Xiao hold at Zhibao Technology (ZBAO)?

Luo Xiao serves as Chief Marketing Officer of Zhibao Technology Inc. His Form 3 filing discloses his indirect beneficial ownership of 156,108 Class A ordinary shares, held through Tianze Zihan Holdings Limited, which he wholly owns.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/18/2026 - 06:12 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Luo Xiao

(Last) (First) (Middle)

C/O ZHIBAO TECHNOLOGY INC.

BUILD 6,WUXING RD,LN 727 PUDONG NEW AREA

(Street)

SHANGHAI 201204

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Zhibao Technology Inc. [ ZBAO ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Marketing Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares	156,108(1)	I	See footnote(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents 156,108 Class A ordinary shares held by Tianze Zihan Holdings Limited ("Tianze"), a British Virgin Islands corporation. Mr. Xiao Luo is the sole shareholder of Tianze, and thus exercises 100% of the voting and dispositive power of the Class A ordinary shares held by Tianze.

	/s/ Xiao Luo	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)