Zhibao partners with Nasdaq to investigate converting Nasdaq-listed shares into blockchain-based tokens. The collaboration aims to assess technical and regulatory feasibility for digital asset representation of traditional equities.
Zhibao Technology implements a 1-for-50 reverse stock split to adjust its share structure. The move aims to increase stock liquidity and trading volume by consolidating shares. The company’s decision follows typical market practices for shares with low trading prices.
Zhibao Technology projects **10% to 20% revenue growth** for its fiscal year ending June 30, 2026, marking an acceleration over the prior year. The company cites strong top-line performance as the basis for its outlook. Zhibao operates in the technology sector and trades on NASDAQ under the ticker **ZBAO**.
Zhibao Technology acquires NEXSYS, an AI computing firm, for a reported $7.5 million. The deal aims to bolster Zhibao’s capabilities in AI-driven infrastructure solutions. NEXSYS specializes in hardware acceleration for machine learning workloads, complementing Zhibao’s existing portfolio.
