Zhibao Technology Inc. — Form 6-K Summary
Filing date: October 2, 2026. The filing reports results of the Company’s September 29, 2026 Extraordinary General Meeting (EGM), held in Shanghai and virtually. It does not report operating or financial results for a reporting period.
Key financial information
The filing provides no revenue, profit, cash flow, margin, debt, liquidity, or financial guidance figures. It does not provide a clear value for these metrics.
EGM results and corporate actions
- Of 449,264,625 Class A shares eligible to vote as of September 1, 2026, 418,109,184 were present or represented by proxy, constituting a quorum.
- Shareholders approved all four proposals:
- Authorized share capital: Increase from US$50,000, comprising 500 million ordinary shares, to US$200,000, comprising 2 billion ordinary shares. The authorized Class A share count rises from 450 million to 1.95 billion; Class B remains 50 million.
- Amended and restated memorandum and articles: Approved and effective September 29, 2026. Changes include the capital increase, veto rights for Botao Ma over Board decisions, and provisions allowing interested directors to vote and count toward quorum after disclosing their interest.
- Share consolidation: Approved a conditional 50-for-1 consolidation of Class A and Class B shares. It is triggered if, after the capital increase, the Class A closing bid price is below $0.12 on any trading day. It would take effect on the 15th trading day after the trigger event, or a later date accepted by Nasdaq.
- Further amended and restated memorandum and articles: Approved, subject to and upon effectiveness of the share consolidation, to reflect that consolidation.
Voting results
| Proposal | For | Against | Abstain |
|---|---|---|---|
| Share capital increase | 411,214,914 | 6,839,950 | 420 |
| Amended and restated memorandum and articles | 411,208,704 | 6,900,290 | 190 |
| Conditional share consolidation | 414,875,825 | 3,232,960 | 399 |
| Further amended and restated memorandum and articles | 411,214,134 | 6,894,370 | 680 |
Management changes and other developments
- CFO Jinyang Gu resigned effective September 26, 2026, citing personal reasons and no disagreement with the Company. CEO Jinmei Guo Hellstroem will serve as interim CFO until the Board appoints a successor.
- COO Xiaowei Le resigned effective September 15, 2026, citing personal reasons and no disagreement with the Company.
Important facts for investors to verify
- Whether the expanded authorized share capacity is used for future issuances and any resulting dilution.
- Whether the $0.12 price trigger occurs and the timing and Nasdaq acceptance of any 50-for-1 consolidation.
- The practical scope and governance implications of Botao Ma’s Board veto rights.
- Appointment of a permanent CFO and any subsequent changes to senior management.