Core Viewpoint - Zhibao Technology Inc. has announced a delay in filing its 20-F Annual Report and has canceled its scheduled earnings call, indicating operational challenges that may affect investor confidence [1][2]. Company Overview - Zhibao Technology Inc. is a leading high-growth InsurTech company in China, primarily focused on providing digital insurance brokerage services [3]. - The company operates under the innovative 2B2C ("to-business-to-customer") model and launched the first digital insurance brokerage platform in China in 2020, utilizing its proprietary PaaS (Platform as a Service) [3]. Product and Technology - Zhibao has developed over 40 proprietary digital insurance solutions tailored for various industries, including travel, sports, logistics, utilities, and e-commerce [4]. - The company leverages customer data, big data, and AI technology to continuously enhance its digital insurance offerings, ensuring alignment with market trends and customer preferences [4].
Zhibao Technology Issues Update on Delay in Filing 20-F Annual Report