NASDAQ: ZBAO

Zhibao Technology (ZBAO) received a Nasdaq deficiency letter for failing to file its Form 20-F for the fiscal year ended June 30, 2025, putting it at risk of non-compliance with Nasdaq Listing Rule 5250(c)(1). The notice doesn’t immediately affect the stock listing. Zhibao has 60 days to submit a compliance plan, potentially receiving an extension until May 13, 2026, if accepted. The company intends to file the report and submit a plan, with the option to appeal to a Nasdaq Hearings Panel if the plan is rejected.