Zhibao Technology Inc【ZBAO】株式ニュース

Zhibao Technology's Sports Insurance Platform Covers 1.47 Million Participants Across 17,569 Events in 2025, Expanding B-End Network to 732 PartnersMarch 17, 2026 9:15 AM
NewsfileKey HighlightsScale in Sports Safety: Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company") and partner Shenzhen Qianhai Yundongbao Network Technology Company ("Sportcares") for sports-related solutions provided insurance coverage for 1.47 million participants across 17,569 sporting events in 2025.Deepening Market Penetration: The Company successfully empowered 732 B-end partners, including 214 sports associations, 305 venues, 148 training institutions, and 50 event organizers.Standout Marathon Presence: Zhibao offered insurance for 252 marathons, protecting races like the SCO Kunming (Yunnan, China) with insurance as inexpensive as RMB 4 (USD $0.58) per person per race.Insurance for Professionals & Enthusiast Athletes: The 2B2C model extends to professional athletics, providing specialized insurance for 15 professional clubs across the Chinese Super League, League One, and League Two.Digital Integration via PaaS: Utilizing its proprietary Platform-as-a-Service (PaaS), Zhibao delivers a digital-native customer experience. Utilizing our PaaS, Zhibao can handle large volumes of enrollments and claims with ease.Shanghai, China--(Newsfile Corp. - March 17, 2026) - Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company"), a leading high-growth InsurTech company and pioneer of the 2B2C digital embedded insurance model in China, today announced a significant expansion of its sports insurance ecosystem. Throughout 2025, the Company's sports solutions successfully provided comprehensive coverage for 1.47 million individuals across 17,569 sporting events, strengthening our position as a provider for China's booming sports industry.Sports in China is a large and growing sector. According to government and industry sources the industry is targeted to generate over RMB 7 trillion (USD 1 trillion) in economic output by 2030. The development of the sports industry has also been included in China's 15th Five-Year Plan (2026-2030). Strong governmental support will aid the continued growth of this key industry. Deepening our Leadership in Sports InsuranceSports insurance is a core solution for Zhibao. Through our partnership with Sportcares, Zhibao has access to a substantial network of sporting associations, venues, training institutions, event organizers, and professional sports clubs. Through our various solutions targeting different types of sporting B channels, we can reach many types of end users, including amateur, enthusiast, and professional athletes. As of the end of 2025, Zhibao's collaborative B-channel network has grown to 732 partners, including:214 Sports Associations: Key partners include the Guangdong Football Association, Jiangsu Basketball Association, Hubei Fishing Association, and the Jiangxi Winter Swimming Sports Association, Hainan Street Dance Association and Hohhot Basketball Association.305 Sports Venues: Providing digital risk management for facilities and their users.148 Sports Training Institutions: Ensuring safety and liability insurance for the next generation of athletes.50 Event Organizers: Streamlining insurance procurement for large-scale regional competitions, including 15 Professional Sports Clubs: Providing specialized protection for high-profile teams such as Shenzhen Peng City (Chinese Super League), and League One/Two clubs including Meizhou Hakka, Shaanxi Union, Guangdong Mingtu, Ganzhou Ruishi, and Guangzhou DandelionStrong focus on the Marathon and Mass Participation SectorA particular highlight of Zhibao's 2B2C business model and PaaS is our focus on marathons and similar large-scale events. Zhibao's digital-first approach has been instrumental to our success in high-traffic endurance events. The Chinese Athletic Association estimates there were 7 million runners across 749 races in China in 2025. Zhibao provided insurance coverage for 311 races in 2025. Prestigious races covered by Zhibao include: 2025 SCO Kunming Marathon2025 Leshan Double Heritage Marathon2025 Heyuan Wanlv Lake Marathon2025 Liaocheng Half Marathon2025 Chilechuan Grassland Half MarathonUsing the SCO Kunming Marathon, held on December 1st 2025 in the provincial capital of China's Yunnan Province, as an example, Zhibao and Sportcares offered a customized accident insurance called "Dasai Bao" ("Big Race Cover") to the over 25,000 runners participating in the event. This coverage is specific to accidents or sudden medical conditions that occur during the occurrence of the event. By utilizing the scale of such events and careful negotiation, insurnace plans can be purchased for as low as RMB 4 (USD $0.58) per person per day. Partnerships with Professional Teams and Sporting AssociationsZhibao's sports solution has also been successfully deployed with various sporting associations and professional sports teams. By focusing on the individual needs of specific sports and their participants, Zhibao has reached over 200 sporting associations ranging from fishing to winter sports. Insurance for professional teams include soccer (football) and basketball. The wide range of associations and teams demonstrate the versatility of Zhibao's platform, and our ability to source specific and targeted insurance products under the "Quanmin Jiansheng Bao" ("Everyone Get Healthy Coverage"). Liability Insurance for Sporting Venues and Training InstitutionsThe third facet of Zhibao's sport insurance solution provides liability insurance to sporting venues and accident insurance to their users. Termed "Zuzhibao" ("Organizer's Cover,") Zhibao has sourced a flexible and comprehensive liability insurance product for sporting venues ranging from billiards to jet skis. Management Commentary"Our performance in 2025 demonstrates the immense versatility and scalability of our 2B2C business model," said Mr. Botao Ma, Chief Executive Officer of Zhibao. "By embedding our PaaS-driven solutions into the operations of over 700 sports-related entities, we are not just selling insurance; we are providing a safety net for millions of participants, insurance they might not have been able to find or purchase on their own. For an enthusiast or professional athlete, these coverages are invaluable. While the sports sector is a natural use case for our 2B2C model and our PaaS, our experience in this sector serves as a powerful roadmap for our expansion into other high-growth industries."Mr. Xiaowei Le, Chief Operating Officer of Zhibao, added: "The sports industry demands real-time, digital-native solutions. Our ability to manage 17,569 events and protect 1.47 million people highlights the efficiency of our automated policy management and claims processes. We remain committed to iterating our technology to meet the evolving preferences of China's tech-savvy consumers."About Zhibao Technology Inc.Zhibao Technology Inc. is a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities ("Zhibao China Group") in China. 2B2C ("to-business-to-customer") digital embedded insurance is the Company's innovative business model, which Zhibao China Group pioneered in China. Zhibao China Group launched the first digital insurance brokerage platform in China in 2020, which is powered by their proprietary PaaS ("Platform as a Service").Zhibao has developed over 40 proprietary and innovative digital insurance solutions addressing different scenarios in a wide range of industries, including but not limited to travel, sports, logistics, utilities, and e-commerce. Zhibao acquires and analyzes customer data, utilizes big data and AI technology to continually iterate and enhance its digital insurance solutions. This iterative process, in addition to continually improving its digital insurance solutions, will keep it abreast of the new trends and customer preferences in the market. For more information, please visit: ir.zhibao-tech.com.Forward-Looking StatementsStatements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "is/are likely to," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of our annual reports on Form 20-F (as amended) and registration statements on Form F-1 (as amended) that have been filed or will be filed from time to time with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statements and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. Investor Relations ContactZhibao Technology Inc.
Investor Relations
Office Email: ir@zhibao-tech.comSkyline Corporate Communications Group, LLC
Scott Powell, President
Avenues Tower
1177 Avenue of the Americas, 5th floor
New York, NY 10036
Office: (646) 893-5835
Email: info@skylineccg.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/288817
Original: Zhibao Technology's Sports Insurance Platform Covers 1.47 Million Participants Across 17,569 Events in 2025, Expanding B-End Network to 732 Partners

Zhibao Technology Launches Drone Insurance Solution for Individual Operators, Strengthening Position in China's Low-Altitude EconomyMarch 11, 2026 8:00 AM
NewsfileKEY HIGHLIGHTSStrategic Milestone: Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company") and Sichuan Fanmo Technology Co., Ltd. ("F+More") have partnered to offer a specialized insurance product directly to individual drone pilots for the first time.Nationally Strategic Industry: Currently an RMB 500 billion industry, the low-altitude economy is expected to be named an emerging pillar industry in China's 15th Five-Year Plan and grow at a meaningful pace with demonstrated government support. 2B2C Expansion: Leveraging Zhibao's proprietary Platform-as-a-Service (PaaS), the partnership is expected to transition F+More's established 2B market expertise in drone servicing into a scalable 2C solution.Digital Innovation: Features a mobile-friendly, fully online purchasing process, allowing consumers to secure coverage instantly from their mobile devices.Competitive Global Pricing: Comprehensive annual coverage for the full value of a drone starts at approximately CNY 395 (USD 57) per year.Shanghai, China--(Newsfile Corp. - March 11, 2026) - Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company"), a leading high-growth InsurTech company and pioneer of the 2B2C digital embedded insurance model in China, today announced the launch of a new online insurance product designed to cover individual (C-end) drone users. Developed in collaboration with Sichuan Fanmo Technology Co., Ltd. ("F+More"), a leading drone service provider in China, this launch represents a strategic breakthrough for Zhibao in the rapidly expanding low-altitude economy.Tapping into a National Strategic IndustryWith the low-altitude economy slated to be introduced as a key emerging pillar industry in China's latest five-year plan, covering from 2026 to 2030, alongside semiconductors and intelligent robots, the industry is expected to develop at a sustained pace supported by government initiatives. According to the Civil Aviation Administration of China ("CAAC"), the low altitude economy is expected to grow from CNY 500 billion (USD 72 billion) in 2023 to CNY 3.5 trillion (USD 507 billion) in 2035. CAAC data indicates that there are already more than 2 million drones registered in China. As the industry continues to grow, the demand for drone-specific insurance is expected to increase alongside the increased number and utilization of drones. Aligning with Digital-Native Consumption PreferencesZhibao believes that purchasing insurance online is surging in China, particularly among tech-savvy demographics. A report co-authored by the Research Center for China Insurance and Pension Finance at Tsinghua University's PBC School of Finance indicates that 84% of Chinese Gen-Z consumers (born after 1995) prefer purchasing insurance online. In the drone sector, meeting this preference for digital speed and accessibility is critical.Zhibao's 2B2C model is expected to enable F+More to provide drone users with highly relevant insurance products quickly, efficiently, and at a competitive cost.The insurance product developed through this collaboration has been intentionally designed to match customer needs. The product provides comprehensive coverage, including drone damage protection, third-party liability coverage, and operator liability coverage. Coverage limits are customizable based on individual customer requirements. By providing simple and easily understandable coverage options, we believe Zhibao's implementation streamlines the purchasing process and simplifies decision making for drone operators. Coverage starts at just CNY 395 (USD 57) per year, providing protection for the full value of the drone in case of loss or damage. Fast, Digital-first Policy ManagementThe new insurance module is fully integrated into Zhibao's PaaS, offering a streamlined user experience:Instant Activation: Qualified customers can complete applications online, with policies becoming effective as quickly as 15 minutes after payment.Simple Claims: Claims can be filed digitally through a simplified four-step process.Customizable Coverage: Plan coverages are modular and can be tailored to specific user needs.Management Commentary"The successful launch of our C-end drone insurance product is a pivotal step in our strategic positioning within the low-altitude economy," said Mr. Xiaowei Le, Chief Operating Officer of Zhibao. "By enriching our product offerings and generating new growth opportunities, we are strengthening our core competitiveness while creating long term value for our shareholders."Mr. Botao Ma, Chief Executive Officer of Zhibao, added, "I am pleased to see our relationship with F+More deepen with this new push into individual insurance products. We are leveraging our strengths in the individual and small- and medium-enterprise (SME) segments to help F+More provide more comprehensive and scalable services. The scalability and flexibility of Zhibao's 2B2C business model and PaaS is well suited to serving individual and SME customers across diverse industries and sectors. I hope this collaboration can serve as a roadmap for our other partners."About Zhibao Technology Inc.Zhibao Technology Inc. is a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities ("Zhibao China Group") in China. 2B2C ("to-business-to-customer") digital embedded insurance is the Company's innovative business model, which Zhibao China Group pioneered in China. Zhibao China Group launched the first digital insurance brokerage platform in China in 2020, which is powered by their proprietary PaaS ("Platform as a Service").Zhibao has developed over 40 proprietary and innovative digital insurance solutions addressing different scenarios in a wide range of industries, including but not limited to travel, sports, logistics, utilities, and e-commerce. Zhibao acquires and analyzes customer data, utilizes big data and AI technology to continually iterate and enhance its digital insurance solutions. This iterative process, in addition to continually improving its digital insurance solutions, will keep it abreast of the new trends and customer preferences in the market. For more information, please visit: ir.zhibao-tech.com.About Sichuan Fanmo Technology Co., LtdSichuan Fanmo Technology Co., Ltd (F+More), founded in 2015, F+More is steadily advancing with a development strategy of "specialization, standardization, and globalization," committed to leveraging its accumulated data and algorithmic abilities to address industry pain points, aiming to become a service-leading, objective, fair, and data- & algorithm-driven professional third-party service provider.F+More has provided coverage for multiple risk scenarios, including inspection, security, surveying and mapping, and has established after-sales cooperation with multiple drone manufacturers.Its three major products include F+More Feibao, F+More Excellent+, and F+More Cloud E. Among them, F+More Feibao is a drone insurance product that has been continuously operated for over a decade. F+More Excellent+ offers one-stop after-sales solutions for drone insurance to insurance institutions, while F+More Cloud E provides insurance institutions with a precise pricing engine for drone insurance. For more information, please visit: www.fmore.net.Forward-Looking StatementsStatements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "is/are likely to," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of our annual reports on Form 20-F (as amended) and registration statements on Form F-1 (as amended) that have been filed or will be filed from time to time with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statements and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. Investor Relations ContactZhibao Technology Inc.
Investor Relations
Office Email: ir@zhibao-tech.comSkyline Corporate Communications Group, LLC
Scott Powell, President
Avenues Tower
1177 Avenue of the Americas, 5th floor
New York, NY 10036
Office: (646) 893-5835
Email: info@skylineccg.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/288096
Original: Zhibao Technology Launches Drone Insurance Solution for Individual Operators, Strengthening Position in China's Low-Altitude Economy