Zhibao Technology Inc. Enters into Non-Binding Letter of Intent to Acquire On-Chain Trading Platform MeVX

KEY HIGHLIGHTS * Strategic Acquisition: Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company") has signed a non-binding Letter of Intent (LOI) to acquire MeVX, a non-custodial multi-chain trading terminal specializing in on-chain assets and meme-asset trading scenarios. * Feature-Rich On-Chain Platform: MeVX supports trading across major blockchains and connects to third-party decentralized trading infrastructure. It provides a consumer-facing tool suite featuring advanced options to users. * Established User Base & Regional Reach: MeVX boasts approximately 2 million users, sticky deposits of $8 million, and localized operations in Vietnam serving as a foundation for broader Southeast Asian expansion. New York, New York--(Newsfile Corp. - September 23, 2026) - Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company"), a leading high-growth InsurTech company and pioneer of the 2B2C digital embedded insurance model in China, today announced that it has entered into a non-binding Letter of Intent (LOI) to acquire MeVX.