Zhibao Technology (ZBAO) CTO reports 44,601 shares via ElecJoys

Rhea-AI Filing Summary

Zhibao Technology Inc. filed an initial ownership report showing Chief Technical Officer Wang Yugang as the indirect owner of 44,601 Class A Ordinary Shares. These shares are held by ElecJoys Holdings Limited, a British Virgin Islands company fully owned by Wang, who controls all voting and dispositive power over them.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wang Yugang

Role Chief Technical Officer

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

Holdings After Transaction: Class A Ordinary Shares — 44,601 shares (Indirect, See footnote)

Footnotes (1)

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Understanding Insider Trading Forms →

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
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hours per response:			0.5

1. Name and Address of Reporting Person^*

Wang Yugang

(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 Technical 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	44,601(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 44,601 Class A ordinary shares held by ElecJoys Holdings Limited ("ElecJoys"), a British Virgin Islands corporation. Mr. Yugang Wang is the sole shareholder of ElecJoys, and thus exercises 100% of the voting and dispositive power of the Class A ordinary shares held by ElecJoys.

	/s/ Yugang Wang	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)

FAQ

What does Zhibao Technology (ZBAO) disclose in this Form 3?

Zhibao Technology reports Chief Technical Officer Wang Yugang as an indirect owner of 44,601 Class A Ordinary Shares. The filing establishes his existing beneficial stake in the company rather than recording a new purchase or sale transaction.

How many Zhibao Technology (ZBAO) shares does Wang Yugang beneficially own?

The Form 3 shows 44,601 Class A Ordinary Shares beneficially owned by Wang Yugang. These shares are reported as indirect holdings, reflecting his control through ElecJoys Holdings Limited rather than direct personal registration.

How are Wang Yugang’s Zhibao Technology (ZBAO) shares held?

The 44,601 shares are held by ElecJoys Holdings Limited, a British Virgin Islands corporation. Wang Yugang is ElecJoys’ sole shareholder, giving him 100% voting and dispositive power over the Zhibao Technology Class A Ordinary Shares held by that entity.

Does this Zhibao Technology (ZBAO) Form 3 show any recent insider trades?

The Form 3 functions as an initial ownership statement and records holding information only. It does not report any explicit buy or sell transactions, but instead discloses that 44,601 Class A Ordinary Shares are indirectly owned through ElecJoys Holdings Limited.

What is the significance of indirect ownership in Zhibao Technology (ZBAO) for Wang Yugang?

Indirect ownership means the shares are registered to ElecJoys Holdings Limited rather than to Wang personally. Because he is ElecJoys’ sole shareholder, he effectively controls voting and disposition of 44,601 Class A Ordinary Shares, giving him beneficial ownership under securities reporting rules.