. Zhibao Technology Hosts the First Annual "Insurance Brokerage High Quality Development Summit" October 10, 2024 4:01 PM EDT | Source: Zhibao Technology Inc. Shanghai, China--(Newsfile Corp. - October 10, 2024) - Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced the successful hosting of the first Insurance Brokerag ...

Core Viewpoint - Zhibao Technology Inc. has entered into a securities purchase agreement for the sale of convertible promissory notes, aiming to raise up to $8 million for working capital purposes [1]. Group 1: Financial Details - The company is selling senior secured 10% original issue discount convertible promissory notes with a principal amount of up to $8 million, with gross proceeds expected to be up to $7.2 million [1]. - Additionally, Zhibao issued $750,000 of pre-funded warrants to the institutional investor, which are exercisable upon certain default events [1][2]. Group 2: Company Overview - Zhibao Technology Inc. is a leading InsurTech company focused on providing digital insurance brokerage services in China [3]. - The company pioneered the 2B2C digital embedded insurance model in China and launched the first digital insurance brokerage platform in 2020, utilizing a proprietary PaaS [3]. Group 3: Product and Technology - Zhibao has developed over 40 proprietary digital insurance solutions across various industries, including travel, sports, logistics, utilities, and e-commerce [4]. - The company leverages big data and artificial intelligence to analyze customer data and enhance its digital insurance offerings continuously [4].

● . . | --- | |-------------------------------------------------------------------------------------------| | | | Brokers Wins Contract to Provide "Hui Jia Bao" Inclusive Homeowners' Insurance in Nanjing | September 10, 2024 4:01 PM EDT | Source: Zhibao Technology Inc. Shanghai, China--(Newsfile Corp. - September 10, 2024) - Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao" or the "Company"), a leading and high growth InsurTech company primarily engaged in providing digital insurance brokerage services throug ...

. Zhibao Technology Inc. Reaches a Strategic Investment Cooperation with Sport Covers to Create a New Business Model of Digital Sports and Insurance Brokerage Shanghai, China--(Newsfile Corp. - July 25, 2024) - Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao" or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced that it has reached a strategic investment cooperation with Spor ...

This press release contains translations of certain RMB amounts into U.S. dollars ("US$") at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB7.0999 to US$1.00, the noon buying rate in effect on December 29, 2023, as set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, ...

With an illustrious career with more than 25 years' experience in the insurance industry, Mr. Le brings a wealth of expertise to Zhibao as it enters a new phase of growth, expansion and innovation. The insurance sector is still growing rapidly, and the Company has pioneered and lead the 2B2C (2-Business-To Consumer) embedded digital insurance market in China. Mr. Le is tasked with executing the Company's targets to ensure that Zhibao maintains and widens its position of market leadership. Mr. Le will overse ...

Shanghai, China, May 15, 2024 (GLOBE NEWSWIRE) -- Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao" or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced that it issued an additional 23,765 Class A ordinary shares of the Company pursuant to the partial exercise of the underwriters' over-allotment option in connection with the Company's initial public offering at $4.00 per share ...

Shanghai, China, April 03, 2024 (GLOBE NEWSWIRE) -- Zhibao Technology Inc. (Nasdaq: "ZBAO" or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced the closing of its initial public offering ("Offering") of 1,500,000 Class A ordinary shares at a public offering price of $4.00 per Class A ordinary share for aggregate gross proceeds of $6,000,000, before deducting underwriting di ...

Shanghai, April 01, 2024 (GLOBE NEWSWIRE) -- Zhibao Technology Inc. ("ZBAO" or the "Company"), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, announced today the pricing of its initial public offering (the "Offering") of 1,500,000 Class A ordinary shares at a price of $4.00 per share to the public for a total of $6,000,000 of gross proceeds to the Company, before deducting underwriting discounts and of ...