As of November 6, 2026, 4 holders' latest Schedule 13D or 13G filings report owning 5% or more of Zhibao Technology Inc. The largest reported stake is Botao Ma's, at 49.4%. 4 filings are on record since October 10, 2025 (Schedule 13G, March 27, 2026).
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Key facts
- · Reporting person: Ningbo Pangu Chuangfu Hefu Equity Investment Partnership (Limited Partnership) · Sole voting: 1,813,954 · Shared voting: 0 · Sole dispositive: 1,813,954 · Shared dispositive: 0 · SCHEDULE 13G, 2026-07-02
- · Reporting person: Botao Ma · Sole voting: 16,816,692 · Shared voting: 0 · Sole dispositive: 16,816,692 · Shared dispositive: 0 · SCHEDULE 13G, 2026-03-27
- · Reporting person: Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership) · Sole voting: 3,661,140 · Shared voting: 0 · Sole dispositive: 3,661,140 · Shared dispositive: 0 · SCHEDULE 13G, 2025-12-01
- · Reporting person: Beijing 1898 Youchuang Investment Center (Limited Partnership) · Sole voting: 1,109,430 · Shared voting: 0 · Sole dispositive: 1,109,430 · Shared dispositive: 0 · SCHEDULE 13G, 2025-10-10
Zhibao Technology Inc. has 4 Schedule 13D or 13G filings on record since 2025-10-10. 4 holders' latest filing reports 5% or more of class a ordinary shares, par value $0.0001. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| 49.4% | 16,816,692 | SCHEDULE 13G, 2026-03-27 | 2024-12-31 | |
| Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership) | 22.2% | 3,661,140 | SCHEDULE 13G, 2025-12-01 | 2024-12-31 |
| Ningbo Pangu Chuangfu Hefu Equity Investment Partnership (Limited Partnership) | 10.5% | 1,813,954 | SCHEDULE 13G, 2026-07-02 | 2024-12-31 |
| Beijing 1898 Youchuang Investment Center (Limited Partnership) | 6.8% | 1,109,430 | SCHEDULE 13G, 2025-10-10 | 2024-12-31 |
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What the Full Report on Zhibao Technology Inc. covers
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| Botao Ma | 16,816,692 | 0 | 16,816,692 | 0 | SCHEDULE 13G, 2026-03-27 |
| Mavy Holdings Limited | 8,932,611 | 4,222,959 | 8,932,611 | 4,222,959 | SCHEDULE 13G, 2026-03-27 |
| Maximum Global Holdings Limited | 13,155,570 | 0 | 13,155,570 | 0 | SCHEDULE 13G, 2026-03-27 |
| Shenbao Limited Partnership | 4,222,959 | 0 | 4,222,959 | 0 | SCHEDULE 13G, 2026-03-27 |
| Shanghai Xinhui Investment Consulting Co., Ltd. | 3,661,122 | 0 | 3,661,122 | 0 | SCHEDULE 13G, 2026-03-27 |
| Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership) | 3,661,140 | 0 | 3,661,140 | 0 | SCHEDULE 13G, 2025-12-01 |
| Wenkai Tian | 3,661,140 | 0 | 3,661,140 | 0 | SCHEDULE 13G, 2025-12-01 |
| Ningbo Pangu Chuangfu Hefu Equity Investment Partnership (Limited Partnership) | 1,813,954 | 0 | 1,813,954 | 0 | SCHEDULE 13G, 2026-07-02 |
| Kai Liu | 1,813,954 | 0 | 1,813,954 | 0 | SCHEDULE 13G, 2026-07-02 |
| Beijing 1898 Youchuang Investment Center (Limited Partnership) | 1,109,430 | 0 | 1,109,430 | 0 | SCHEDULE 13G, 2025-10-10 |
| Hong Li | 1,109,430 | 0 | 1,109,430 | 0 | SCHEDULE 13G, 2025-10-10 |
The latest filing identifies Zhibao Technology Inc. by CUSIP G989MC106 and gives its principal executive office as Floor 3, Building 6, Wuxing Road, Lane 727, Pudong New Area, Shanghai (SCHEDULE 13G, 2026-07-02).
What the percentages are based on
The responses to Items 5-11 of the cover pages of this Schedule 13G are incorporated herein by reference. As of March 16, 2026, the Reporting Persons may be deemed to beneficially own 16,816,692 shares of the Issuer's Class B ordinary shares, representing 49.4% of the total Class A and Class B ordinary shares issued and outstanding.Botao Ma, SCHEDULE 13G, 2026-03-27
The responses to Items 5-11 of the cover pages of this Schedule 13G are incorporated herein by reference. As of November 11, 2025, the Reporting Persons may be deemed to beneficially own 3,661,140 shares of the Issuer's Class A ordinary shares, representing 22.2% of the total Class A ordinary shares issued and outstanding.Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership), SCHEDULE 13G, 2025-12-01
The responses to Items 5-11 of the cover pages of this Schedule 13G are incorporated herein by reference. As of April 20, 2026, the Reporting Persons may be deemed to beneficially own 1,813,954 shares of the Issuer's Class A ordinary shares, representing 10.5% of the total Class A ordinary shares issued and outstanding.Ningbo Pangu Chuangfu Hefu Equity Investment Partnership (Limited Partnership), SCHEDULE 13G, 2026-07-02
The responses to Items 5-11 of the cover pages of this Schedule 13G are incorporated herein by reference. As of October 9, 2025, the Reporting Persons may be deemed to beneficially own 1,109,430 shares of the Issuer's Class A ordinary shares, representing 6.8% of the total Class A ordinary shares issued and outstanding.Beijing 1898 Youchuang Investment Center (Limited Partnership), SCHEDULE 13G, 2025-10-10
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-10-10 | Beijing 1898 Youchuang Investment Center (Limited Partnership) | 6.8% | SCHEDULE 13G |
| 2025-12-01 | Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership) | 22.2% | SCHEDULE 13G |
| 2026-03-27 | Botao Ma | 49.4% | SCHEDULE 13G |
| 2026-07-02 | Ningbo Pangu Chuangfu Hefu Equity Investment Partnership (Limited Partnership) | 10.5% | SCHEDULE 13G |
Questions about who owns Zhibao Technology Inc.
Who owns Zhibao Technology Inc.?
On this page, 4 holders' latest ownership filings report 5% or more of Zhibao Technology Inc.: Botao Ma (49.4%, Schedule 13G, filed 2026-03-27), Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership) (22.2%, Schedule 13G, filed 2025-12-01), Ningbo Pangu Chuangfu Hefu Equity Investment Partnership (Limited Partnership) (10.5%, Schedule 13G, filed 2026-07-02) and Beijing 1898 Youchuang Investment Center (Limited Partnership) (6.8%, Schedule 13G, filed 2025-10-10).
Who are the largest shareholders of Zhibao Technology Inc.?
By the share each holder's latest filing reports, the largest holders of Zhibao Technology Inc. on this page are Botao Ma (49.4%), Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership) (22.2%) and Ningbo Pangu Chuangfu Hefu Equity Investment Partnership (Limited Partnership) (10.5%).
When did Botao Ma buy into Zhibao Technology Inc.?
The filings give report dates, not purchase dates. The earliest filing from Botao Ma on this page is the Schedule 13G, filed 2026-03-27, reporting 49.4%.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 4 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.