Zhibao Tech - ZBAO STOCK NEWS

Zhibao Technology Inc. (NASDAQ: ZBAO), a digital insurance brokerage company in China, reported strong financial results for H2 2024. Total revenues increased 73.7% to RMB 146.4 million ($20.1 million), driven by insurance brokerage service fees growth. The company reduced its net loss to RMB 1.5 million ($0.2 million) from RMB 8.5 million year-over-year.

Key operational highlights include:

• Expansion of B channels from 1,500 to over 2,000
• Reached over 20 million end customer users
• Cash and cash equivalents increased to RMB 28.1 million ($3.9 million)

The company completed multiple tranches of financing with an institutional investor, securing up to $8.0 million in convertible notes and warrants. Management expressed confidence in continued growth through investments in sales force and technology platform.

Zhibao Technology (NASDAQ: ZBAO), a leading InsurTech company in China, has announced its upcoming investor events schedule, centered around their 1H2025 earnings release. The main event is the 1H2025 Earnings Conference Call scheduled for April 15, 2025, at 11:00 AM ET.

The company has organized a series of investor communications including: a Shanghai Shareholder Communication Event (April 16, 2025), conducted in Chinese with both in-person and virtual attendance options; a Skyline Signature Series Webinar (April 17, 2025) featuring company presentations and Q&A sessions; and a NAI500 Group Investor Presentation (May 15, 2025) targeting Chinese-speaking investors.

These events will be led by CEO Botao Ma, CFO Yuanwen Xia, and IR Manager Daniel Tao, focusing on the company's financial performance, strategic outlook, and growth opportunities in the InsurTech sector.

Zhibao Technology (NASDAQ: ZBAO), a digital insurance brokerage company in China, has launched ZBOT, an advanced AI agent designed to enhance sales operations efficiency. The AI solution will assist sales teams in identifying target customers, providing tailored solutions, and coordinating project implementation.

ZBOT automates routine tasks, allowing sales representatives to focus on client engagement and relationship building, which is expected to increase cross-selling and upselling opportunities. The system integrates industry-leading large AI models with Zhibao's proprietary data while maintaining strict data security and compliance standards.

CEO Botao Ma emphasized that ZBOT represents a significant step in the company's strategy to integrate AI tools into daily workflows. Zhibao is developing a comprehensive AI roadmap to leverage evolving large AI models for streamlined operations, improved B-channel growth, and enhanced customer experience.

Zhibao Technology Inc. (NASDAQ: ZBAO) announced an expansion in the natural gas insurance market through its subsidiary, Sunshine Insurance Broker, partnering with YipinSmart, a China Gas subsidiary. The Marketing Agreement, signed in December 2024, covers five cities across Zhejiang and Jiangsu provinces, reaching over 36 million people.

YipinSmart specializes in smart home solutions and safe natural gas services for China Gas customers. This collaboration enables Zhibao to promote household and commercial property insurance to urban gas companies' clients. The partnership follows Zhibao's previous ventures with Shenergy Group and Shenzhen Gas Group, serving Shanghai and Shenzhen's combined population of 42 million.

Currently, Zhibao's natural gas insurance solution covers 18 cities and territories in China, with the company expecting revenue growth, margin expansion, and enhanced cash flow streams from its gas sector operations.

Zhibao Technology Inc. (NASDAQ: ZBAO) announced that its subsidiary, Sunshine Insurance Brokers, has won a contract to provide brokerage services for Huiminbao Inclusive Medical Insurance in Baoshan, Yunnan. Baoshan, with over 2 million residents, is western Yunnan's second-largest city.

Huiminbao offers affordable supplementary insurance with annual premiums starting at CNY 99, protecting customers against severe illnesses, including those with pre-existing conditions. Sunshine currently operates seven active Huiminbao projects as of January.

This contract expands Sunshine's presence in Yunnan Province, which has a population exceeding 47 million. The company already manages a province-wide inclusive homeowner's insurance project and developed a comprehensive insurance product for cross-border travelers, serving 14 million trips in 2023.

Zhibao Technology (NASDAQ: ZBAO), a digital insurance brokerage services provider in China, has announced several upcoming investor events for Q1 2025. The company has previewed strong growth expectations, projecting 60% revenue growth for the first half of FY 2025, along with anticipated increases in gross, operating, and net profit.

The company reported reaching 2,000 B channels and 20 million C end users as of January 2025. Upcoming events include an online Investor Day on January 23, participation in The Microcap Conference in Atlantic City (January 28-30), and a virtual presentation at the Skyline Signature Series on February 6.

CEO Botao Ma emphasized the company's intensive media and investor outreach campaign, highlighting these events as opportunities to showcase Zhibao's innovations and communicate directly with shareholders about their growth initiatives and strategic vision.

Zhibao Technology (NASDAQ: ZBAO) announced its strategic expansion into China's pet insurance market through its new platform 'Chong Bao Bao'. The company signed a strategic cooperation and investment agreement with UAN Pets, acquiring a share in the company that has served over 1 million customers and works with major insurers like PICC and Ping An.

Launched in October through Zhibao's subsidiary Sunshine Insurance Brokers, Chong Bao Bao adds to Zhibao's portfolio of 40+ digital insurance solutions. The expansion comes as the global pet insurance market is projected to grow from $10.1 billion in 2023 to $38.3 billion by 2033, with Asia-Pacific being the fastest-growing region. Current market penetration for pet insurance in China stands at less than 1% as of 2023.

Zhibao Technology Inc. (NASDAQ: ZBAO) successfully co-hosted the first Longevity Risk Conference in Shanghai on December 8th, 2024, in collaboration with the Shanghai Insurance Exchange and the University of International Business and Economics. The conference addressed longevity risk issues and solutions for China's retirement and pension system.

The event featured notable participants including former government officials and representatives from major insurance companies. During the conference, the co-hosts launched the Longevity Risk Lab (LRL) in Shanghai, which will focus on research and development of longevity risk solutions.

According to Bain & Company, China's total pension market is projected to reach RMB 48 trillion by 2030, with RMB 10 trillion coming from private pension and pension insurance markets, presenting significant growth opportunities for Zhibao's digital embedded insurance platform.

Zhibao Technology (NASDAQ: ZBAO) announced a strategic partnership with PICC Property and Casualty Company and Munich Re Beijing to launch new medical insurance products in China. The collaboration aims to develop private medical insurance products providing access to premium medical resources unavailable under public insurance, targeting China's growing middle class.

Under the partnership, Zhibao will handle customer service, policy management, and claims processing, while offering access to its medical network for direct billing. PICC will issue and distribute policies through its 3,000 branch offices, and Munich Re will provide reinsurance capacity and technical expertise.

The company expects the first product to launch in the coming months, generating millions of RMB in premiums in its first year with projected double-digit year-on-year revenue growth over the next three years.