Zhibao Technology Inc. Subsidiary Zhibao Labuan Re's Board Approves Strategic Capital Injection and Operational Funding Exploration
KEY HIGHLIGHTSSubsidiary Board Approval: Zhibao Labuan Reinsurance Company Limited ("Zhibao Labuan Re"), a key reinsurance subsidiary of Zhibao Technology Inc. (NASDAQ: ZBAO) ("Zhibao," "we," or the Company), announces that its Board of Directors has formally passed a corporate resolution approving the exploration of a potential capital injection of $32 million in digital assets. Strengthening Reinsurance Capacity: The proposed capital allocation is structured to bolster Zhibao Labuan Re's...