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Zhibao Technology Acquires Majority Stake in Zhonglian Jinan Insurance Brokers

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Elevate Your Investing Strategy:

Zhibao Technology Inc. Class A ( (ZBAO) ) has provided an announcement.

On July 2, 2025, Zhibao Technology Inc. announced that its subsidiary, Zhibao Technology Co., Ltd., entered into a Share Purchase Agreement to acquire a 51% equity interest in Zhonglian Jinan Insurance Brokers Co., Ltd. for RMB 25.5 million. This acquisition positions Zhibao to strengthen its foothold in the insurance brokerage industry, leveraging Zhonglian’s extensive network of 58 branches across China and its partnerships with leading insurance providers. The deal is structured with installment payments and includes provisions for potential adjustments based on Zhonglian’s revenue performance, highlighting Zhibao’s strategic approach to integrating and expanding within the insurance sector.

Spark’s Take on ZBAO Stock

According to Spark, TipRanks’ AI Analyst, ZBAO is a Neutral.

ZBAO’s overall stock score of 55 reflects its strong revenue growth and attractive valuation, counterbalanced by challenges in profitability, cash flow, and bearish technical indicators. The lack of earnings call data and corporate events means that these factors did not influence the score.

To see Spark’s full report on ZBAO stock, click here.

More about Zhibao Technology Inc. Class A

Zhibao Technology Inc. operates in the technology sector and is based in Shanghai, China. The company is involved in various technological ventures and has a subsidiary, Zhibao Technology Co., Ltd., which is focused on expanding its market presence through strategic acquisitions.

Average Trading Volume: 303,164

Technical Sentiment Signal: Sell

Current Market Cap: $28.37M

For an in-depth examination of ZBAO stock, go to TipRanks’ Overview page.

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