Zhibao Technology Inc. has announced a notification of late filing for its annual report for the fiscal year ending June 30, 2026. The company cited the need for additional time to prepare its financial statements as the reason for the delay. This filing is significant as it reflects the company's ongoing efforts to maintain compliance with SEC regulations while managing its financial reporting obligations.

Zhibao Technology Inc., classified under the SIC code 6411, operates in the insurance agents, brokers, and services sector. The company trades on the Nasdaq under the ticker symbol ZBAO. Recent filings include a Form 6-K on October 8, 2026, and another Form 6-K on October 2, 2026, which indicate ongoing communication with the SEC regarding its financial status.

The recent filing indicates that Zhibao Technology is unable to submit its Form 20-F within the prescribed time period without unreasonable effort or expense. The company stated, "The Registrant is unable to file its Form 20-F for the year ended June 30, 2026 within the prescribed time period without unreasonable effort or expense because the Registrant needs additional time to prepare the financial statements for the year ended June 30, 2026." The company anticipates that it will file its Form 20-F within the 15-day grace period allowed by Rule 12b-25 of the Securities Exchange Act of 1934.

This delay may impact various stakeholders, including investors and analysts who rely on timely financial disclosures to assess the company's performance and make informed decisions. The insurance agents and brokers sector may also experience similar challenges, as companies navigate complex financial reporting requirements.

Looking ahead, Zhibao Technology plans to file its Form 20-F within the grace period, but the filing does not specify any further actions or developments beyond this notification.