Core Viewpoint - Zhibao Technology Inc. reported a significant revenue growth of 51% for the fiscal year 2025, driven by the increasing acceptance of its 2B2C business model and digital insurance solutions, despite experiencing a net loss due to increased selling expenses [4][5][10]. Financial and Operational Summary - Total revenues for the year ended June 30, 2025, increased by 51% to RMB 276.9 million (US$38.7 million) from RMB 183.7 million in 2024 [10]. - Gross profit for the fiscal year ended June 30, 2025, was RMB 113.6 million (US$15.9 million), compared to RMB 74.8 million in the same period of 2024 [4][10]. - The net loss for the year ended June 30, 2025, was RMB 62.0 million (US$8.7 million), a decline from a net income of RMB 13.3 million in 2024 [13]. - Cash and cash equivalents as of June 30, 2025, were RMB 10.3 million (US$1.44 million), up from RMB 2.4 million in 2024 [14]. Product Offerings and Collaborations - Zhibao Labuan received its general reinsurance license in July 2025 and was assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of "bbb-" from AM Best [4]. - The company signed an agreement to establish a joint venture, Zhongfang JV, with Beijing Zhongfang Hongchuang Technology and Guangzhou Ruiling Intelligent Technology to develop an "Insurance + Technology + Service" model [4]. - Zhibao acquired 51% equity interest in Zhonglian Jinan Insurance Brokers Co., Ltd. for RMB 25.5 million (approximately US$3.5 million) [4]. Management Commentary and Outlook - The CEO expressed satisfaction with the revenue growth and emphasized the importance of expanding the 2B2C digital insurance solutions and partnerships [5][6]. - The company plans to continue investing in its sales force and technology platform to drive organic growth [6][7]. - The management team is committed to maximizing shareholder value through strategic acquisitions and diversifying revenue streams [8]. Cost and Expenses - Cost of revenues increased by approximately 50% to RMB 163.4 million (US$22.8 million) for the fiscal year ended June 30, 2025 [9]. - Selling expenses rose by approximately RMB 80.6 million, or 255%, to RMB 112.2 million (US$15.7 million) due to increased marketing service fees [18]. - General and administrative expenses increased by approximately RMB 26.1 million, or 145%, to RMB 44.0 million (US$6.1 million) [18]. Customer Base and Market Reach - The number of B channels increased to over 2,400, contributing to the growth of the 2B2C embedded digital insurance model [4]. - The company served over 24 million end customer users as of June 30, 2025, which is expected to drive future revenue growth [4]. Business Model and Innovation - Zhibao Technology is recognized for its innovative 2B2C digital embedded insurance model, having launched the first digital insurance brokerage platform in China in 2020 [20]. - The company has developed over 40 proprietary digital insurance solutions across various industries, utilizing big data and AI technology for continuous improvement [21].

Core Viewpoint - Zhibao Technology Inc. is set to announce its financial performance for the first half of 2025, highlighting its growth in the InsurTech sector and upcoming investor engagement events [1][2]. Financial Performance and Events - The 1H2025 Earnings Conference Call is scheduled for April 15, 2025, at 11:00 AM ET, providing insights into the company's financial performance for the six months ending December 31, 2024 [3]. - A Shanghai Shareholder Communication Event will take place on April 16, 2025, featuring presentations by the CEO and CFO, followed by a Q&A session [4]. - The Skyline Signature Series Webinar is planned for April 17, 2025, at 12:00 PM ET, allowing investors to engage with the executive team and gain insights into the company's strategic vision and operational progress [6]. Company Overview - Zhibao Technology Inc. is a leading InsurTech company focused on digital insurance brokerage services in China, having pioneered the 2B2C digital embedded insurance model [9][10]. - The company launched the first digital insurance brokerage platform in China in 2020, utilizing a proprietary PaaS [9]. - Zhibao has developed over 40 innovative digital insurance solutions across various industries, leveraging big data and AI technology to enhance its offerings [10].