Jingbo Technology, INC
Market Movers (8-K)
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Jingbo Technology, Inc. announced the immediate resignation of its CEO and CFO, Guowei Zhang, and the appointment of Ben Liu as CEO and Qiang Chen as CFO, effective November 10, 2025.
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Jingbo Technology, Inc. has finalized the acquisition of Xinghe Technology Limited through a share exchange agreement, making Hangdu Technology Limited the majority shareholder.
Worse than expected
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Jingbo Technology, Inc. will acquire Xinghe Technology Limited by issuing 550 million shares of its common stock to Xinghe's sole shareholder, Hangdu Technology Limited.
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Jingbo Technology, Inc. has amended its articles of incorporation to increase the number of authorized common shares from 50 million to 50 billion.
Capital raise
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Jingbo Technology, Inc. has amended its bylaws to change its principal business location and lower the threshold for stockholder actions by written consent.
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Jingbo Technology divested its stakes in three non-operational subsidiaries for no consideration and initiated the liquidation of another subsidiary with no material operations.
Quarterly Earnings (10-Q)
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Jingbo Technology reports a net loss of $617,240 for Q1 2027, with revenues down significantly year-over-year, raising going concern issues.
Worse than expected
Capital raise
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Jingbo Technology, Inc. reported a significant reduction in net loss for the nine months ended November 30, 2025, despite a decline in overall revenues, while facing substantial doubt about its ability to continue as a going concern.
Delay expected
Worse than expected
Capital raise
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Jingbo Technology, Inc. reported significantly reduced net losses and increased revenues for the six months ended August 31, 2025, but continues to face substantial doubt about its ability to continue as a going concern.
Better than expected
Capital raise
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Jingbo Technology, Inc. reported a significant reduction in net loss and a return to gross profit for the quarter ended May 31, 2025, driven by increased parking fee and new winery sales revenue, despite ongoing concerns about its ability to continue as a going concern and identified material weaknesses in internal controls.
Worse than expected
Capital raise
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Jingbo Technology, Inc. reports an increase in revenue for the three and nine months ended November 30, 2024, but also a widening net loss due to various factors including the loss on disposal of subsidiaries.
Worse than expected
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Jingbo Technology's Q2 2024 results show a net loss increase primarily due to losses from subsidiary disposals, despite a slight revenue increase.
Worse than expected
Annual Reports (10-K)
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Jingbo Technology, Inc. (Jingbo) filed its annual report for the fiscal year ended February 28, 2026, detailing a net loss of $6.7 million and highlighting substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
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Jingbo Technology, Inc. reported an increased net loss for the fiscal year ended February 28, 2025, alongside a significant accumulated deficit and a going concern warning, despite revenue growth from its smart parking and new winery sales segments.
Worse than expected
Capital raise
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Jingbo Technology, Inc. files an amendment to its annual report on Form 10-K, restating financial statements for the fiscal years ended February 29, 2024, and February 28, 2023, due to errors in earnings per share calculations and stock split accounting.
Worse than expected
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10-K/A: Jingbo Technology Files Amended 10-K, Revealing Financial Restatement and Going Concern Uncertainty
Jingbo Technology files an amended 10-K, restating prior financials and highlighting concerns about its ability to continue as a going concern.
Worse than expected
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Jingbo Technology's fiscal year 2024 saw a decrease in revenue, alongside a net loss, as the company navigated strategic changes and challenges in its smart parking operations.
Worse than expected
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Jingbo Technology Inc. has filed an amendment to its annual report on Form 10-K to correct an unintentional mistake regarding its status as a shell company.
Worse than expected
Proxy Statements (Def-14A)
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Jingbo Technology, Inc. is increasing its authorized common stock shares from 50 million to 50 billion, as approved by a majority of stockholders via written consent.
Capital raise
Schedule 13D - Activist Investments
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Hangdu Technology Ltd. has reduced its beneficial ownership in Jingbo Technology, Inc. to 5.28% following a share exchange for Xinghe Technology Limited and subsequent private transfers.