Zhibao Technology H1 Revenue Up 41% with AI Agents, Expenses Surge 123%
Zhibao Technology reported a 41% year-over-year revenue increase as it expanded to 3,100 channel partners serving 27 million customers and deployed PNU AI agents automating over 50% of daily code generation. Natural gas insurance premiums rose tenfold while selling expenses jumped 123% and net income was just RMB0.6 million.
1. Robust Revenue Growth and Customer Expansion
Zhibao Technology posted a 41% increase in H1 2026 revenue, driven by expansion to 3,100 B-channel partners and growth to 27 million end customers across its digital insurance platform.
2. AI Integration and Segment Performance
The rollout of PNU AI agents has automated over 50% of daily code generation, enhancing operational efficiency, while the natural gas insurance segment delivered a tenfold year-over-year increase in premiums.
3. Rising Costs and Modest Profitability
Selling expenses surged 123% due to higher marketing fees and channel acquisition costs, general and administrative expenses climbed 46%, research and development spend fell 21%, resulting in net income of RMB0.6 million and RMB27.5 million cash on hand.
4. Transition to Quarterly Filings
Zhibao will switch from semiannual to quarterly SEC filings starting with its Q3 2026 report to provide investors with more timely financial updates.