Congratulations to Zhibao Technology Inc. (ZBAO.US) on its Successful Listing

Congratulations to Zhibao Technology Inc. (ZBAO.US) on its successful listing on NASDAQ on 2 April 2024.

Zhibao Technology Inc. (“Zhibao”) is the pioneer and market leader in the 2B2C embedded digital insurance solutions market in China. Zhibao has developed 40+ innovative and customized insurance solutions covering a wide range of industries. Zhibao's proprietary, PaaS-based digital insurance brokerage platform is the first in the 2B2C digital insurance brokerage sector in China, which empowers our business to expand and scale up rapidly.

With regard to this listing application, AVISTA Group is honoured to be engaged in providing valuation services in relation to equity value, restricted stock and employee share option.

Congratulations again to Zhibao Technology Inc. (ZBAO.US) on its successful listing. The issue price is USD 4 per share, and the amount of funds raised is USD 6 million.