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Zhibao Technology Inc. Appoints New Auditor Amid Strategic Changes

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Zhibao Technology Inc. Appoints New Auditor Amid Strategic Changes

TipRanks Cyber Monday Sale

Zhibao Technology Inc. Class A ( (ZBAO) ) just unveiled an update.

On November 22, 2025, Zhibao Technology Inc. announced the dismissal of Marcum Asia CPAs LLP as its independent registered public accounting firm, effective November 24, 2025. This decision, approved by the company’s Audit Committee, follows a period during which there were no disagreements or reportable events with Marcum Asia, except for previously disclosed material weaknesses in internal controls. Concurrently, Zhibao appointed HYYH CPA, LLC as its new independent auditor, effective the same date. This change in auditors is part of Zhibao’s strategic efforts to enhance its financial reporting and internal controls, potentially impacting its operational transparency and stakeholder confidence.

The most recent analyst rating on (ZBAO) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Zhibao Technology Inc. Class A stock, see the ZBAO Stock Forecast page.

Spark’s Take on ZBAO Stock

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

Zhibao Technology Inc. has a moderate overall stock score, primarily influenced by its strong revenue growth and attractive valuation. However, the company’s financial health is hindered by cash flow challenges and bearish technical indicators, which weigh down 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, focusing on innovative solutions and services. The company is headquartered in Shanghai, China, and is involved in various technological advancements and market expansions.

Average Trading Volume: 35,385

Technical Sentiment Signal: Hold

Current Market Cap: $30.76M

See more insights into ZBAO stock on TipRanks’ Stock Analysis page.

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