Zhibao Technology Inc. Reports Fiscal Year 2026 Financial Results and Files Annual Report on Form 20-F
Key Highlights
- ➤Revenue rose 16% year-over-year to RMB 319.9 million, meeting preliminary guidance
- ➤Operating income turned positive at RMB 9.2 million versus RMB 53.5 million loss
- ➤Net loss narrowed 95.3% to RMB 2.9 million, meeting preliminary guidance
- ➤US$154.7 million PIPE financing completed through contribution of 2,380 Bitcoins
- ➤NEXSYS acquisition agreed for US$1 cash plus up to US$7.5 million earn-out shares
Expert Statements
Jinmei Guo Hellstreom, Chief Executive Officer and Chief Financial Officer of Zhibao
“Fiscal year 2026 marked a major operational inflection point for Zhibao”
Jinmei Guo Hellstreom, Chief Executive Officer and Chief Financial Officer of Zhibao
“Through disciplined execution, scaling of our 2B2C embedded model, and strict expense controls, we delivered 15.5% top-line revenue growth, achieved positive operating income of RMB 9.5 million, and brought our net loss down by over 95% to near break-even.”
Botao Ma, Director of Zhibao
“With our leadership position established across core verticals in China, the strategic addition of our Labuan reinsurance platform, the pending international acquisition of NEXSYS, and the completion of our landmark US$ 154.7 million PIPE financing, Zhibao enters fiscal 2027 with strong momentum and enhanced structural capabilities to drive international expansion and shareholder value.”
* Total Revenues grew 16% year-over-year to RMB 319.9 million (US$ 47.1 million), meeting previously issued preliminary guidance. * Income from Operations turned positive to RMB 9.2 million (US$ 1.36 million), compared to an operating loss of RMB 53.5 million in fiscal year 2025. * Net Loss narrowed by 95.3% to RMB 2.9 million (US$ 0.38 million) meeting previously issued preliminary guidance. * PIPE Financing: Completed a private placement transaction valued at US$ 154.7 million (payable in 2,380 Bitcoins) post-fiscal year end, substantially bolstering liquid assets. * Strategic M&A: Entered into a definitive merger agreement to acquire NEXSYS TECH SDN. BHD. to expand international capabilities and geographic reach. Shanghai, China--(Newsfile Corp. - November 13, 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 its consolidated financial results for the fiscal year ended June 30, 2026, following the filing of its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission.
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