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Announces Revised Financial Results for the Six Months Ended December 31, 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2532687473","media":"Newsfile","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2532687473?lang=en_us&edition=fundamental","pubTime":"2025-05-03 04:30","pubTimestamp":1746217800,"startTime":"0","endTime":"0","summary":"Shanghai, China-- - Zhibao Technology Inc.  , a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced revised financial results for the six months ended December 31, 2024.Recently, the Company made updates to the results that were announced on April 15, 2025, in a few of the other expense and income lines that are below the  gain from operations section in the income statement. The items that were adjusted included net interest expense, an addition of a gain on fair value of warrant liabilities, and a loss on settlement of convertible notes.Below are the adjustments that were made to the income statement:. The net interest expense increased from RMB1.4 million  to RMB1.6 million .The loss on settlement of convertible notes increased from RMB4.1 million  to RMB4.4 million .","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/zhibao-technology-inc-announces-revised-203000353.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/zhibao-technology-inc-announces-revised-203000353.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ZBAO","BK4173"],"gpt_icon":0},{"id":"2529307031","title":"Zhibao Technology Announces the Establishment of Zhibao Labuan Reinsurance Company Limited","url":"https://stock-news.laohu8.com/highlight/detail?id=2529307031","media":"Newsfile","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529307031?lang=en_us&edition=fundamental","pubTime":"2025-04-22 20:59","pubTimestamp":1745326740,"startTime":"0","endTime":"0","summary":"Shanghai, China-- - Zhibao Technology Inc.  , a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced the establishment of Zhibao Labuan Reinsurance Company Limited . The Zhibao Labuan received its license to seek to undertake general reinsurance operations beyond mainland China from the Labuan Financial Services Authority  on April 14, 2025.As a result, we believe Zhibao Labuan can open up a new revenue frontier for Zhibao. The target is for Zhibao Labuan to eventually participate in about a small portion of the total insurance premium generated by Sunshine Insurance Brokers and Zhibao Health. While the formation of Zhibao Labuan adds depth and vibrancy to the Company's offerings and enhances support for customers, Zhibao will remain primarily an insurance brokerage company, with Zhibao Labuan serving mainly as a minority risk taker for targeted business.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/zhibao-technology-announces-establishment-zhibao-125900838.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; 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