Zhibao Technology Inc. Announces Reverse Share Split
Newsfile Corp•08/10/2026•11:40 ET
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Key Highlights
- ➤1-for-50 reverse split effective October 12, 2026
- ➤Zhibao (ZBAO) retains its Nasdaq symbol after split
- ➤Class A share par value rises from $0.0001 to $0.005
- ➤New CUSIP G989MC114 applies to post-split shares
Shanghai, China--(Newsfile Corp. - October 8, 2026) - Zhibao Technology Inc. (NASDAQ: ZBAO) (“Zhibao” or the “Company”), today announced that it will proceed with a 1-for-50 reverse stock split (“Reverse Share Split”) of its Class A ordinary shares following approval by shareholders at an extraordinary general meeting of shareholders held on September 29, 2026.
The Reverse Share Split is expected to become effective on October 12, 2026 and the Company’s Class A ordinary shares are expected to begin trading on a post-split basis at the market open on October 12, 2026 under the same symbol “ZBAO” with the new CUSIP number G989MC114.
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