# EDGAR Filing Document

**Accession Number:** 0001966750
**File Stem:** 0001213900-25-116903
**Filing Date:** 2025-12
**Character Count:** 12073
**Document Hash:** 33ca64c7a6d9b4ccdb509bf81782d61c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-116903.hdr.sgml**: 20251201

**ACCESSION NUMBER**: 0001213900-25-116903

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251201

**DATE AS OF CHANGE**: 20251201

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Zhibao Technology Inc.
- **CENTRAL INDEX KEY:** 0001966750
- **STANDARD INDUSTRIAL CLASSIFICATION:** INSURANCE AGENTS BROKERS & SERVICES [6411]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-95263
- **FILM NUMBER:** 251541419

**BUSINESS ADDRESS:**
- **STREET 1:** BUILDING 10, 860 XINYANG ROAD
- **STREET 2:** LINGANG NEW AREA
- **CITY:** SHANGHAI
- **STATE:** F4
- **ZIP:** 000000
- **BUSINESS PHONE:** 862150896502

**MAIL ADDRESS:**
- **STREET 1:** BUILDING 10, 860 XINYANG ROAD
- **STREET 2:** LINGANG NEW AREA
- **CITY:** SHANGHAI
- **STATE:** F4
- **ZIP:** 000000
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership)
- **CENTRAL INDEX KEY:** 0002058046

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** FLOOR 3, BUILDING 6, WUXING ROAD
- **STREET 2:** LANE 727, PUDONG NEW AREA
- **CITY:** SHANGHAI
- **PROVINCE COUNTRY:** F4
- **BUSINESS PHONE:** 86215089650

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** FLOOR 3, BUILDING 6, WUXING ROAD
- **STREET 2:** LANE 727, PUDONG NEW AREA
- **CITY:** SHANGHAI
- **PROVINCE COUNTRY:** F4

## Exhibit 99.1

**Exhibit 99.1**

**JOINT FILING AGREEMENT**

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Class A ordinary shares, $0.0001 par value per share, of Zhibao Technology Inc., and further agree that this Joint Filing Agreement shall be included as an exhibit to such joint filings.

The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.

This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of December 1, 2025.

---

| | |
|:---|:---|
| /s/ Wenkai Tian | /s/ Wenkai Tian |
| Wenkai Tian | Wenkai Tian |
| Beijing Koala Kunlu Internet Industry<br> Investment Fund (Limited Partnership) | Beijing Koala Kunlu Internet Industry<br> Investment Fund (Limited Partnership) |
| By: | /s/ Wenkai Tian |
| Name: | Wenkai Tian |
| Title: | Director |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**Issuer:** Zhibao Technology Inc.

**Title of Class of Securities:** CLASS A ORDINARY SHARES, PAR VALUE $0.0001

**CUSIP Number:** G989MC106

**Date of Event Which Requires Filing of this Statement:** 12/31/2024

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [ ] Rule 13d-1(c)

- [x] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership) | Names of Reporting Persons<br>Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership) |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>F4 | Citizenship or Place of Organization<br>F4 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>3661140.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>3661140.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3661140.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3661140.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>22.2% | Percent of Class Represented by Amount in Row (9)<br>22.2% |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |

---

| 1. | Names of Reporting Persons<br>Wenkai Tian | Names of Reporting Persons<br>Wenkai Tian |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>F4 | Citizenship or Place of Organization<br>F4 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>3661140.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>3661140.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3661140.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3661140.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>22.2% | Percent of Class Represented by Amount in Row (9)<br>22.2% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** (1) Based on 16,452,020 Class A ordinary shares issued and outstanding and excludes 16,816,692 Class B ordinary shares issued and outstanding as of November 11, 2025. (2) Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership) ("Koala") is the record holder of the shares reported herein. Mr. Wenkai Tian is the director of Koala. As such, he may be deemed to have or share voting and dispositive power of the Class A ordinary shares held directly by Koala. Mr. Tian disclaims any beneficial ownership of the reported ordinary shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

---

**Item 1(a). Name of Issuer:**
Zhibao Technology Inc.

**Item 1(b). Address of Issuer's Principal Executive Offices:**
Floor 3, Building 6, Wuxing Road, Lane 727, Pudong New Area, Shanghai, China 201204

**Item 2(a). Name of Person Filing:**
Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership)

**Item 2(b). Address of Principal Business Office:**
1-616, 6th Floor, Building 1, No. 42 Gaoliangqiao Xiejie, Haidian District, Beijing, China

**Item 2(c). Citizenship:**
Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership) is a limited partnership incorporated under the laws of the People's Republic of China. Mr. Wenkai Tian is a citizen of the People's Republic of China.

**Item 2(d). Title of Class of Securities:**
CLASS A ORDINARY SHARES, PAR VALUE $0.0001

**Item 2(e). CUSIP Number:**
G989MC106

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

3,661,140

**(b) Percent of class:**

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. The percentage of Class A ordinary shares held by the Reporting Persons is based on 16,452,020 Class A ordinary shares issued and outstanding and excludes 16,816,692 Class B ordinary shares issued and outstanding as of November 11, 2025.

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

3,661,140

**(ii) Shared power to vote or to direct the vote:**

0

**(iii) Sole power to dispose or to direct the disposition of:**

3,661,140

**(iv) Shared power to dispose or to direct the disposition of:**

0

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

—

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Beijing Koala Kunlu Internet Industry Investment Fund (Limited Partnership)**

**Date:** 12/01/2025

**By:** /s/ Wenkai Tian

**Name & Title:** Wenkai Tian, Director

**Wenkai Tian**

**Date:** 12/01/2025

**By:** /s/ Wenkai Tian

**Name & Title:** Wenkai Tian