SCHEDULE: Beijing 1898 Youchuang Discloses 6.8% Stake in Zhibao Tech

Beijing 1898 Youchuang Investment Center and its director Hong Li have disclosed a 6.8% beneficial ownership stake in Zhibao Technology Inc.'s Class A ordinary shares.

Summary

• Beijing 1898 Youchuang Investment Center (Limited Partnership) and its director, Hong Li, reported beneficial ownership of 1,109,430 Class A ordinary shares of Zhibao Technology Inc.
• This ownership represents 6.8% of the total Class A ordinary shares issued and outstanding.
• The percentage is calculated based on 16,298,174 Class A ordinary shares outstanding as of October 9, 2025.
• Hong Li, as the director of Beijing 1898 Youchuang Investment Center, is deemed to have sole voting and dispositive power over these shares.
• The filing was made under Rule 13d-1(c), indicating the reporting persons are not institutional investors typically filing under 13d-1(b).

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The filing is a routine disclosure of a significant ownership stake, which can be interpreted as a vote of confidence by the investor. No negative information is presented.

Positives

• A significant investor, Beijing 1898 Youchuang Investment Center, holds a 6.8% stake in Zhibao Technology Inc.'s Class A ordinary shares, potentially signaling investor confidence.

Negatives

• No specific negative information is disclosed in this beneficial ownership filing.

Risks

• No specific risks related to the company's operations or financial health are disclosed in this ownership filing.

Future Outlook

This filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• Ms. Hong Li disclaims any beneficial ownership of the reported ordinary shares other than to the extent of any pecuniary interest she may have therein, directly or indirectly.

Industry Context

This filing is a standard regulatory disclosure of beneficial ownership and does not provide specific industry context, trends, or competitive analysis.

Comparison to Industry Standards

• This filing is a regulatory disclosure of beneficial ownership and does not present financial or operational results for comparison to industry benchmarks or competitors.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant ownership stakes, potentially signaling investor confidence in the company's prospects.

Next Steps

• No specific future actions, events, or milestones are mentioned in this beneficial ownership disclosure.

Key Dates

Keywords

Zhibao Technology Inc., Beijing 1898 Youchuang Investment Center, Hong Li, Schedule 13G, beneficial ownership, Class A ordinary shares, equity stake, SEC filing, China investment