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Zhibao Technology Inc. (NASDAQ:ZBAO) ("Zhibao" or the "Company"), a leading and high-growth InsurTech company providing digital insurance brokerage services in China, today announced that it will delay the filing of its audited financial results for the fiscal year ended June 30, 2025.
The delay in filing is due to our need for additional time to complete year-end audit procedures and testing. At this time, the Company does not anticipate any issues related to accounting principles, or disagreements with the auditor. Additionally, Company would like to update its previously issued guidance to the below. This supersedes all previously issued guidance.
"Management expects Zhibao's revenue growth for fiscal year 2025 to be in the range of 60%-80% compared to the last fiscal year. Management also expects continued positive growth in other metrics, including operating profit, B Channels, C end customers for the fiscal year 2025 compared to fiscal year 2024."
The Company is working diligently to resolve the matter and currently expects to file its FY2025 financial results on or before November 14, 2025.
Earnings Conference Call and Investor Webinar Postponement
Zhibao was originally scheduled to host its FY2025 earnings conference call on Monday, November 4, 2025, at 10:00 am ET. This call has been postponed and rescheduled for November 18, 2025.
Posted In: ZBAO