Zhibao Technology Inc. has executed a one-for-fifty reverse stock split of its Class A ordinary shares following shareholder approval and the satisfaction of conditions related to the closing bid price falling below US$0.12 per share. The split became effective on October 9, 2026, with adjusted trading beginning on October 12, 2026. Every fifty existing shares are converted into one new share, increasing the par value from $0.0001 to $0.005 and proportionally adjusting outstanding convertible notes, options, warrants, and equity plans. Fractional shares will be rounded up to the nearest whole share. Zhibao Technology Inc. is a leading InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities.
