Zhibao Technology Inc. (ZBAO) awards CTO Wang Yugang 160,000 Class A shares

Rhea-AI Filing Summary

Wang Yugang reported acquisition or exercise transactions in this Form 4 filing.

Zhibao Technology Inc. granted 160,000 Class A ordinary shares to Chief Technical Officer Wang Yugang on July 30, 2026, as an award under the 2026 Share Incentive Plan. Following this grant, Wang beneficially owns 204,601 Class A ordinary shares, including 44,601 shares held through ElecJoys Holdings Limited, over which he has 100% voting and dispositive power.

Insider Trade Summary

Net Buyer: 160,000 shares

Net Buy 1 txn

Insider Wang Yugang

Role Chief Technical Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A ordinary shares F1, F2	160,000	$0.00	$0.00

Holdings After Transaction: Class A ordinary shares — 204,601 shares (Direct)

Footnotes (2)

1. F1. On July 30, 2026, Zhibao Technology Inc. (the "Company") issued 160,000 Class A ordinary shares, par value $0.0001 per share, of the Company (the "Class A Ordinary Shares") to Yugang Wang pursuant to the Company's 2026 Share Incentive Plan.
2. F2. Represents (i) 44,601 Class A ordinary shares held by ElecJoys Holdings Limited ("ElecJoys"), a British Virgin Islands corporation, and (ii) 160,000 Class A Ordinary Shares held by Yugang Wang. 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.

Key Figures

Share grant: 160,000 Class A ordinary shares Total beneficial ownership: 204,601 Class A ordinary shares Indirect holdings via ElecJoys: 44,601 Class A ordinary shares +2 more

5 metrics

Share grant 160,000 Class A ordinary shares Equity award to CTO Wang Yugang on July 30, 2026 under 2026 Share Incentive Plan

Total beneficial ownership 204,601 Class A ordinary shares Shares beneficially owned by Wang Yugang after the reported grant

Indirect holdings via ElecJoys 44,601 Class A ordinary shares Shares held by ElecJoys Holdings Limited over which Wang has full voting and dispositive power

Par value per share $0.0001 per share Par value of the Class A ordinary shares issued in the grant

Transaction date July 30, 2026 Date on which the 160,000 Class A ordinary shares were issued to Wang Yugang

Key Terms

Class A ordinary shares, 2026 Share Incentive Plan, voting and dispositive power, par value, +1 more

5 terms

Class A ordinary shares financial

"issued 160,000 Class A ordinary shares, par value $0.0001 per share"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

2026 Share Incentive Plan financial

"issued 160,000 Class A ordinary shares ... pursuant to the Company's 2026 Share Incentive Plan"

voting and dispositive power financial

"thus exercises 100% of the voting and dispositive power of the Class A Ordinary Shares"

par value financial

"par value $0.0001 per share, of the Company"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

beneficially owns financial

"Represents (i) 44,601 Class A ordinary shares held by ElecJoys ... and (ii) 160,000"

Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/03/2026 - 04:17 PM Accepted by SEC EDGAR 08/03/2026 - 04:17 PM Learn about SEC filing dates

FAQ

What insider transaction did Zhibao Technology Inc. (ZBAO) report for Wang Yugang?

Zhibao Technology Inc. reported that Chief Technical Officer Wang Yugang received a grant of 160,000 Class A ordinary shares on July 30, 2026. The shares were issued as an equity award under the company’s 2026 Share Incentive Plan, with no cash purchase price disclosed.

How many Zhibao Technology Inc. (ZBAO) shares does Wang Yugang own after this grant?

After the grant, Wang Yugang beneficially owns 204,601 Class A ordinary shares of Zhibao Technology Inc. This total includes the newly issued 160,000 shares plus other holdings, combining both his directly held shares and those held through a controlled entity.

What is the structure of Wang Yugang’s Zhibao Technology Inc. (ZBAO) share ownership?

Wang Yugang’s 204,601 Class A ordinary shares include 44,601 shares held by ElecJoys Holdings Limited and 160,000 shares held directly. He is the sole shareholder of ElecJoys and exercises 100% of the voting and dispositive power over its Zhibao shares.

Under what plan were the 160,000 Zhibao Technology Inc. (ZBAO) shares granted to Wang Yugang?

The 160,000 Class A ordinary shares granted to Chief Technical Officer Wang Yugang were issued under Zhibao Technology Inc.’s 2026 Share Incentive Plan. This indicates the transaction is a compensation-related equity award rather than an open-market share purchase.

What is the par value of the Class A ordinary shares granted by Zhibao Technology Inc. (ZBAO)?

The Class A ordinary shares granted to Wang Yugang have a par value of $0.0001 per share. Par value is a nominal amount used for corporate and accounting purposes and does not necessarily reflect market value or grant-date fair value.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares	07/30/2026		A		160,000(1)	A	$0	204,601(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On July 30, 2026, Zhibao Technology Inc. (the "Company") issued 160,000 Class A ordinary shares, par value $0.0001 per share, of the Company (the "Class A Ordinary Shares") to Yugang Wang pursuant to the Company's 2026 Share Incentive Plan.

2. Represents (i) 44,601 Class A ordinary shares held by ElecJoys Holdings Limited ("ElecJoys"), a British Virgin Islands corporation, and (ii) 160,000 Class A Ordinary Shares held by Yugang Wang. 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	08/03/2026
	** 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 4 (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 4: SEC 1474 (03-26)