ZBAO

KEY HIGHLIGHTS Tokenization of Nasdaq Equity: Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company") has signed a strategic framework agreement with Bedrock to study and pilot a transfer-agent-level tokenization model for its SEC-registered Class A Ordinary Shares as native real-world asset (RWA) equity. Unlocking Liability-Side & Treasury Synergies: The partnership explores extending Zhibao's digital asset strategy to its capital structure via 24/7 continuous settlement and permissioned DeFi composability, alongside evaluating the productive deployment of a portion of its 2,380 BTC treasury into Bedrock's liquid restaking infrastructure (uniBTC).

Shanghai, China--(Newsfile Corp. - October 8, 2026) - Zhibao Technology Inc. (NASDAQ: ZBAO) (“Zhibao” or the “Company”), today announced that it will proceed with a 1-for-50 reverse stock split (“Reverse Share Split”) of its Class A ordinary shares following approval by shareholders at an extraordinary general meeting of shareholders held on September 29, 2026. The Reverse Share Split is expected to become effective on October 12, 2026 and the Company's Class A ordinary shares are expected to begin trading on a post-split basis at the market open on October 12, 2026 under the same symbol “ZBAO” with the new CUSIP number G989MC114.

KEY HIGHLIGHTS Strong Top-Line Revenue Growth: Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company") expects full-year revenue growth of 10% to 20% for the fiscal year ended June 30, 2026, compared to fiscal year 2025. Significant Reduction in Net Loss: Net loss is expected to narrow substantially compared to fiscal year 2025, and approach break even.

KEY HIGHLIGHTS Strategic Acquisition: Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company") has entered into a definitive Merger and Acquisition Agreement dated September 28, 2026, to acquire 100% of the issued shares of NEXSYS TECH SDN. BHD. ("NEXSYS"), a newly incorporated Malaysian entity set to develop an AI computing infrastructure business.

KEY HIGHLIGHTS Strategic Partnership in BTCfi: Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company") has signed an MOU with DeSyn Protocol to co-develop compliant, secure, and sustainable Bitcoin-denominated yield products and institutional-grade BTCfi infrastructure. Combining AI InsurTech and Multi-Chain Tech: The collaboration fuses Zhibao's AI-enabled risk management, InsurTech pricing models, and public-market expertise with DeSyn's multi-chain asset management stack (15+ chains, $1B+ TVL, 200,000+ users).

KEY HIGHLIGHTS Strategic Acquisition: Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company") has signed a non-binding Letter of Intent (LOI) to acquire MeVX, a non-custodial multi-chain trading terminal specializing in on-chain assets and meme-asset trading scenarios. Feature-Rich On-Chain Platform: MeVX supports trading across major blockchains and connects to third-party decentralized trading infrastructure.

KEY HIGHLIGHTS Subsidiary Board Approval: Zhibao Labuan Reinsurance Company Limited ("Zhibao Labuan Re"), a key reinsurance subsidiary of Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the Company), announces that its Board of Directors has formally passed a corporate resolution approving the exploration of a potential capital injection of $32 million in digital assets. Strengthening Reinsurance Capacity: The proposed capital allocation is structured to bolster Zhibao Labuan Re's capital position, enhance its risk-retention capabilities, and fund ongoing business expansion across mainland China and Southeast Asian reinsurance corridors.

KEY HIGHLIGHTS Regional Expansion Strategy: Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company") announces that its reinsurance subsidiary, Zhibao Labuan Reinsurance Company Limited ("Zhibao Labuan Re"), is expanding its operations into Hong Kong and Southeast Asian reinsurance markets. Top tier Reinsurance Collaborations: Zhibao Labuan Re is collaborating with a top global reinsurer in Singapore and a leading Chinese state-owned insurer in Hong Kong on cross-border reinsurance arrangements across medical, accident, property, and liability lines.

KEY HIGHLIGHTS Strategic Evolution of January Agreement: Following the strategic framework signed in January 2026 between Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company") and Hangzhou Hyperchain Technology Co., Ltd. ("Hyperchain"), Zhibao has progressed the collaboration into operational execution via a partnership with Changzhou City Data Operation Co., Ltd.

KEY HIGHLIGHTS $154.7 Million PIPE Financing Closed: Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the "Company") has closed its previously announced private investment in public equity ("PIPE") financing for an aggregate purchase price of $154,700,000. Streamlined Unit Structure: The transaction comprises 442,000,000 PIPE Units at $0.35 per Unit (each consisting of one Class A Ordinary Share and one two-year Warrant exercisable at $0.35 per share), with 395,678,152 Units delivered at closing and the remaining 46,321,848 Units to be delivered following shareholder approval.