Zhibao Technology Inc. ZBAO

What this company does

Zhibao Technology Inc. conducts a one-stop customized insurance brokerage model through Zhibao China Group, digitally embedding proprietary insurance solutions into the customer engagement channels of business partners to reach those partners' end customers. As of the date of the annual report, the company had cooperated with more than 2,400 B channels and secured more than 24 million end customers through Zhibao China Group. Zhibao Technology Inc. operates as a holding company that conducts substantially all of its business through its PRC Subsidiaries, particularly Zhibao China and Sunshine Insurance Brokers. Its revenue consists of Insurance Brokerage Fees, which Zhibao China Group receives from insurance companies for digital insurance brokerage services, and MGU Service Fees, which Zhibao China Group receives from insurance companies for MGU services. Insurance Brokerage Fees accounted for approximately 94% and 99% of total revenues for the fiscal years ended June 30, 2024 and 2025, respectively. MGU Service Fees accounted for approximately 6% and 1% of total revenues for the same two fiscal years, respectively. Zhibao Technology Inc. is an exempted company incorporated under the laws of the Cayman Islands on January 11, 2023. Zhibao China Group launched the first digital insurance brokerage platform in China in 2020.

Written from the business description in Zhibao Technology Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 9 January 2026. Every sentence was checked against that document before publication.