# EDGAR Filing Document

**Accession Number:** 0001966750
**File Stem:** 0001213900-26-017610
**Filing Date:** 2026-2
**Character Count:** 40872
**Document Hash:** 62028b3dc93416c529d1a91a6283ac89
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-017610.hdr.sgml**: 20260218

**ACCESSION NUMBER**: 0001213900-26-017610

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 15

**FILED AS OF DATE**: 20260218

**DATE AS OF CHANGE**: 20260217

**EFFECTIVENESS DATE**: 20260218

**FILER**: 

**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:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-293537
- **FILM NUMBER:** 26644885

**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

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM S-8**

**REGISTRATION STATEMENT<br> UNDER THE SECURITIES ACT OF 1933**

**ZHIBAO TECHNOLOGY INC.**

(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| **Cayman Islands** | **N/A** |
| (State or other jurisdiction of <br> incorporation or organization) | (I.R.S. Employer <br> Identification No.) |

---

---

| | |
|:---|:---|
| **Floor 3, Building 6, Wuxing Road, Lane 727**<br>**Pudong New Area, Shanghai, China** | **201204** |
| (Address of Principal Executive Office) | (Zip Code) |

---

**ZHIBAO TECHNOLOGY INC. 2026 EQUITY INCENTIVE PLAN**

(Full title of the plan)

**Puglisi & Associates<br> 850 Library Avenue, Suite 204<br> Newark, DE 19711**

(Name and address of agent for service)

**(302) 738-6680**

(Telephone number, including area code, of agent for service)

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☐ <br> Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

**EXPLANATORY NOTE**

Zhibao Technology Inc., a Cayman Islands exempted company (the "Company"), hereby files this registration statement on Form S-8 (the "Registration Statement") to register an aggregate of 4,842,853 Class A ordinary shares, of par value US$0.001 per share, of the Company (the "Class A ordinary shares"), reserved for issuance under the Company's 2026 Equity Incentive Plan.

**PART I**

**INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS**

The documents containing the information specified in this Part I of Form S-8 will be sent or given to participants as specified by Rule 428(b)(1) under the Securities Act of 1933, as amended (the "**Securities Act**"). In accordance with the rules and regulations of the Securities and Exchange Commission (the "**SEC**") and the instructions to Form S-8, such documents are not being filed with the SEC either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act. These documents and the document incorporated by reference pursuant to Item 3 of Part II of this Registration Statement, taken together, constitute the prospectus as required by Section 10(a) of the Securities Act.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**Item 3. Incorporation of Documents by Reference.**

The Company is subject to the informational and reporting requirements of Sections 13(a), 14, and 15(d) of the Securities Exchange Act of 1934, as amended (the "**Exchange Act**"), and, in accordance therewith, files reports and other information with the SEC. The following documents, which are on file with the SEC, are incorporated in this Registration Statement by reference:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Company's annual report on [Form 20-F](http://www.sec.gov/Archives/edgar/data/1966750/000121390026003011/ea0264703-20f_zhibao.htm) for the fiscal year ended June 30, 2025, filed with the SEC on January 9, 2026, as amended by [Amendment No. 1 to the Form 20-F](https://www.sec.gov/Archives/edgar/data/1966750/000121390026003390/ea0272523-20fa1_zhibao.htm) (as amended, the "**Annual Report** ");

(2) The Company's report on [Form 6-K](https://www.sec.gov/Archives/edgar/data/1966750/000121390026017398/ea0276307-6k_zhibao.htm) filed with the SEC on
 February 17, 2026; and

(3) The description of the Company's Class A ordinary shares included in [Exhibit 2.2](https://www.sec.gov/Archives/edgar/data/1966750/000121390026003011/ea026470301ex2-2_zhibao.htm) to the Annual Report.

All documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act (if they state that they are incorporated by reference into this Registration Statement) after the date of this Registration Statement and prior to the filing of a post-effective amendment that indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be part hereof from the date of the filing of such documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for the purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

**Item 4. Description of Securities.**

Not applicable.

**Item 5. Interests of Named Experts and Counsel.**

Not applicable.

**Item 6. Indemnification of Directors and Officers.** 

Cayman Islands law does not limit the extent to which a company's articles of association may provide for indemnification of officers and directors, except to the extent any such provision may be held by the Cayman Islands courts to be contrary to public policy, such as to provide indemnification against fraud or the consequences of committing a crime.

Our amended and restated memorandum and articles of association, as amended and restated from time to time (the "**Articles**") provide that to the extent permitted by law, we shall indemnify each existing or former secretary, director (including alternate director), and any of our other officers (including an investment adviser or an administrator or liquidator) and their personal representatives against:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) all actions, proceedings, costs, charges, expenses, losses,
damages, or liabilities incurred or sustained by the existing or former director (including alternate director), secretary, or officer
in or about the conduct of our business or affairs or in the execution or discharge of the existing or former director (including alternate
director), secretary's or officer's duties, powers, authorities, or discretions; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) without limitation to paragraph (a) above, all costs, expenses,
losses, or liabilities incurred by the existing or former director (including alternate director), secretary, or officer in defending
(whether successfully or otherwise) any civil, criminal, administrative, or investigative proceedings (whether threatened, pending or
completed) concerning us or our affairs in any court or tribunal, whether in the Cayman Islands or elsewhere.

No such existing or former director (including alternate director), secretary, or officer, however, shall be indemnified in respect of any matter arising out of his own actual fraud, willful default or willful neglect.

To the extent permitted by law, we may make a payment, or agree to make a payment, whether by way of advance, loan, or otherwise, for any legal costs incurred by an existing or former director (including alternate director), secretary, or any of our officers in respect of any matter identified above on condition that the director (including alternate director), secretary, or officer must repay the amount paid by us to the extent that it is ultimately found not liable to indemnify the director (including alternate director), the secretary, or that officer for those legal costs.

Our Articles permit indemnification of officers and directors for losses, damages, costs and expenses incurred in their capacities as such unless such losses or damages arise from their own actual fraud, willful default or willful neglect.

This standard of conduct is generally the same as permitted under the Delaware General Corporation Law for a Delaware corporation. In addition, our offer letters to our independent directors and our employment agreements with our executive officers provide such persons with additional indemnification beyond that provided in our Articles.

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to our directors, officers or persons controlling us under the foregoing provisions, we have been informed that in the opinion of the SEC, such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.

**Item 7. Exemption from Registration Claimed.**

Not applicable.

**Item 8. Exhibits.**

---

| | |
|:---|:---|
| **<u>Exhibit No.</u>** | **<u>Description</u>** |
| 4.1 | [Amended and Restated Memorandum and Articles of Association (incorporated by reference to Exhibit 3.4 of the Company's Form F-1 (File No. 333-274431), filed with the SEC on March 22, 2024)](https://www.sec.gov/Archives/edgar/data/1966750/000121390024014606/ff12024a3ex3-4_zhibaotech.htm) |
| 4.2 | [Company's Specimen Certificate for Class A Ordinary Shares (incorporated by reference to Exhibit 4.1 of the Company's Form F-1 (File No. 333-274431), filed with the SEC on March 22, 2024)](https://www.sec.gov/Archives/edgar/data/1966750/000121390023097805/ff12023a1ex4-1_zhibao.htm) |
| 5.1\* | [Opinion of Ogier (Cayman) LLP](ea027652001ex5-1_zhibao.htm) |
| 10.1 | [Zhibao Technology Inc. 2026 Equity Incentive Plan (incorporated by reference to Exhibit 10.1 of the Company's Form 6-K, filed with the SEC on February 17, 2026)](https://www.sec.gov/Archives/edgar/data/1966750/000121390026017398/ea027630701ex10-1_zhibao.htm) |
| 23.1\* | [Consent of HYYH CPA, LLC](ea027652001ex23-1_zhibao.htm) |
| 23.2 | [Consent of Ogier (Cayman) LLP (included in Exhibit 5.1)](ea027652001ex5-1_zhibao.htm) |
| 24.1 | [Power of Attorney (included on signature page to this Registration Statement)](#POA_001) |
| 99.1 | [Form of Stock Option Award Agreement (incorporated by reference to Exhibit 99.1 of the Company's Form 6-K, filed with the SEC on February 17, 2026)](https://www.sec.gov/Archives/edgar/data/1966750/000121390026017398/ea027630701ex99-1_zhibao.htm) |
| 99.2 | [Form of RSU Award Agreement (incorporated by reference to Exhibit 99.2 of the Company's Form 6-K, filed with the SEC on February 17, 2026)](https://www.sec.gov/Archives/edgar/data/1966750/000121390026017398/ea027630701ex99-2_zhibao.htm) |
| 107\* | [Filing Fee Table](ea027652001ex-fee_zhibao.htm) |

---

\* Filed herewith.

**Item 9. Undertakings.**

&nbsp;&nbsp;&nbsp;&nbsp;(a) The undersigned Registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being
made, a post-effective amendment to this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by Section 10(a)(3) of
the Securities Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising
after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in
the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing,
any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which
was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus
filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20 percent change
in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective Registration
Statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement; *provided, however,* that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the
Securities Act, each such post-effective amendment shall be deemed to be a new Registration Statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be the initial *bona fide* offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment
any of the securities being registered which remain unsold at the termination of the offering.

&nbsp;&nbsp;&nbsp;&nbsp;(b) The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act), that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to
 directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has
 been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act
 and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by
 the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense
 of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities
 being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent,
 submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed
 in the Securities Act and will be governed by the final adjudication of such issue.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Shanghai, China on February 17, 2026.

---

| | |
|:---|:---|
| **Zhibao Technology Inc.** | **Zhibao Technology Inc.** |
| By: | /s/ Botao Ma |
| Name: | Botao Ma |
| Title: | Chief Executive Officer |

---

**POWER OF ATTORNEY**

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below, hereby constitutes and appoints Botao Ma and Yuanwen Xia and each of them singly, as his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any or all amendments, including post-effective amendments to this Registration Statement, and to sign any and all additional registration statements relating to the same offering of securities of the Registration Statement that are filed pursuant to Rule 462(b) of the Securities Act of 1933, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, full power and authority to do and perform each and every act and thing necessary or appropriate to be done in connection therewith and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their or his or her substitutes or substitute, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by the following persons in the capacities and on the dated indicated.

---

| | | |
|:---|:---|:---|
| **Signature** | **Capacity in Which Signed** | **Date** |
| /s/ Botao Ma | Chief Executive Officer, Director and Chairman of Board of Directors | February 17, 2026 |
| Botao Ma | (principal executive officer) |  |
| /s/ Yuanwen Xia | Chief Financial Officer and Director | February 17, 2026 |
| Yuanwen Xia | (Principal financial and accounting Officer) |  |
| /s/ Stephen Bernardez | Independent Director | February 17, 2026 |
| Stephen Bernardez |  |  |
| /s/ Armando Luis Baez | Independent Director | February 17, 2026 |
| Armando Luis Baez |  |  |
| /s/ Jeffrey Rong Cai | Independent Director | February 17, 2026 |
| Jeffrey Rong Cai |  |  |

---

**AUTHORIZED REPRESENTATIVE**

Pursuant to the requirements of the Securities Act of 1933, as amended, the undersigned, the duly authorized representative in the United States of Zhibao Technology Inc., has signed this Registration Statement, in Newark, Delaware on February 17, 2026.

---

| | | |
|:---|:---|:---|
| **Puglisi & Associates** | **Puglisi & Associates** | **Puglisi & Associates** |
| By: | /s/ Donald J. Puglisi | /s/ Donald J. Puglisi |
|  | Name: | Donald J. Puglisi |
|  | Title: | Managing Director |

---

## Exhibit 5.1

**Exhibit 5.1**

![](ex5-1_001.jpg)

---

| | |
|:---|:---|
| Zhibao Technology Inc.<br> c/o Vistra (Cayman) Limited<br> Grand Pavilion, Hibiscus Way<br> Seven Mile Beach<br> Grand Cayman, Cayman Islands | **D +1 345 815 1866** |
| Zhibao Technology Inc.<br> c/o Vistra (Cayman) Limited<br> Grand Pavilion, Hibiscus Way<br> Seven Mile Beach<br> Grand Cayman, Cayman Islands | **E natalie.bell@ogier.com** |
| Zhibao Technology Inc.<br> c/o Vistra (Cayman) Limited<br> Grand Pavilion, Hibiscus Way<br> Seven Mile Beach<br> Grand Cayman, Cayman Islands |  |
| Zhibao Technology Inc.<br> c/o Vistra (Cayman) Limited<br> Grand Pavilion, Hibiscus Way<br> Seven Mile Beach<br> Grand Cayman, Cayman Islands | Reference: 505281.00004 |
| Zhibao Technology Inc.<br> c/o Vistra (Cayman) Limited<br> Grand Pavilion, Hibiscus Way<br> Seven Mile Beach<br> Grand Cayman, Cayman Islands |  |
|  | 17 February 2026 |

---

**Zhibao Technology Inc. (the Company)**

We have been requested to provide you with an opinion on matters of Cayman Islands law in connection with the Company's registration statement on Form S-8, including all amendments or preliminary or final supplements thereto (the **Registration Statement**), as filed with the United States Securities and Exchange Commission (the **Commission**) under the United States Securities Act of 1933, as amended (the **Act**) to date relating to the reservation for issuance of up to 4,842,853 Class A ordinary shares of the Company, of par value US$0.0001 per share (the **Shares**), that may be issued pursuant to certain awards granted pursuant to the Plan (as defined in Schedule 1).

We have been advised that the Shares may be granted and issued from time to time as set forth in the Plan, Awards (as defined in the Plan) issued pursuant to the Plan and the Registration Statement and any amendment thereto and that this opinion is required to be furnished in accordance with the Registration Statement. No opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement other than as expressly stated herein with respect to the issue of the Shares.

Unless a contrary intention appears, all capitalised terms used in this opinion shall have the respective meanings set forth in Schedule 1. A reference to a Schedule is a reference to a schedule to this opinion and the headings herein are for convenience only and do not affect the construction of this opinion.

1 Documents examined

For the purposes of giving this opinion, we have examined a copy of the Registration Statement. In addition, we have examined the corporate and other documents and conducted the searches listed in Schedule 1. We have not made any searches or enquiries concerning, and have not examined any documents entered into by or affecting the Company or any other person, save for the searches, enquiries and examinations expressly referred to in Schedule 1.

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| | |
|:---|:---|
| **Ogier (Cayman) LLP**<br> 89 Nexus Way<br> Camana Bay<br> Grand Cayman, KY1-9009<br> Cayman Islands<br>T +1 345 949 9876<br> F +1 305 513 5888<br> **ogier.com** | A list of Partners may be inspected on our website |

---

Zhibao Technology Inc.

17 February 2026

2 Assumptions

In giving this opinion we have relied upon the assumptions set forth in Schedule 2 without having carried out any independent investigation or verification in respect of those assumptions.

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| | |
|:---|:---|
| 3 | Opinions |

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On the basis of the examinations and assumptions referred to above and subject to the qualifications set forth in Schedule 3 and the limitations set forth below, we are of the opinion that:

**Corporate status**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Company has been duly incorporated
 as an exempted company with limited liability and is validly existing and in good standing
 with the Registrar of Companies of the Cayman Islands (the **Registrar**) under the laws
 of the Cayman Islands.

**Corporate power**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Company has all requisite power under
 its M&A to issue the Shares (including the issuance of the Shares upon the conversion
 or exercise of the Awards (as defined in the Plan) in accordance with the terms of the Plan.

**Issue of Shares**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The Shares to be reserved and issued by
 the Company as contemplated by the Registration Statement and the Plan (including the issuance
 of Shares upon conversion or exercise of an Award) shall be validly issued, fully paid and
 non-assessable when:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the board of directors of the Company (the **Board**) has taken all necessary corporate actions to approve:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) the form, terms, execution and delivery
 of the relevant Award Agreement (as defined in the Plan);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) the issuance and allotment of the Shares
 (including the issuance of the Shares upon the conversion, exercise, exchange, redemption
 or repurchase of any Award) in accordance with the Plan and the relevant Award Agreement;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) all related matters;

Zhibao Technology Inc.

17 February 2026

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) either:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) the terms of the Plan and relevant Award
 Agreement approved by the Board have been satisfied and the consideration specified therein
 (being not less than the par value of the Shares) has been received; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) if such Shares are issuable upon conversion,
 exercise, exchange, redemption or repurchase of any other Award, the terms of the relevant
 Award Agreement and the Plan and the M&A, have been satisfied and the consideration approved
 by the Board (being not less than the par value of the Shares) has been received; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) valid entry has been made in the register
 of members of the Company reflecting such issuance of Shares, in each case in accordance
 with the M&A.

4 Matters not covered

We offer no opinion:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) as to any laws other than the laws of
 the Cayman Islands, and we have not, for the purposes of this opinion, made any investigation
 of the laws of any other jurisdiction, and we express no opinion as to the meaning, validity,
 or effect of references in the Documents to statutes, rules, regulations, codes or judicial
 authority of any jurisdiction other than the Cayman Islands;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) except to the extent that this opinion
 expressly provides otherwise, as to the commercial terms of, or the validity, enforceability
 or effect of the documents reviewed (or as to how the commercial terms of such documents
 reflect the intentions of the parties), the accuracy of representations, the fulfilment of
 warranties or conditions, the occurrence of events of default or terminating events or the
 existence of any conflicts or inconsistencies among the documents and any other agreements
 into which the Company may have entered or any other documents; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) as to whether the acceptance, execution
 or performance of the Company's obligations under the documents reviewed by us listed
 in Schedule 1 will result in the breach of or infringe any other agreement, deed or document
 (other than, to the extent expressly provided herein, the M&A) entered into by or binding
 on the Company.

5 Governing law of this opinion

5.1 This opinion is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) governed by, and shall be construed in
 accordance with, the laws of the Cayman Islands;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) limited to the matters expressly stated
 in it; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) confined to, and given on the basis of,
 the laws and practice in the Cayman Islands at the date of this opinion.

Zhibao Technology Inc.

17 February 2026

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2 Unless otherwise indicated, a reference
 to any specific Cayman Islands legislation is a reference to that legislation as amended
 to, and as in force at, the date of this opinion.

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| | |
|:---|:---|
| 6 | Consent |

---

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the references to our firm in the Registration Statement. In the giving of our consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Act or the Rules and Regulations of the Commission thereunder.

Yours faithfully

*/s/ Ogier*

**Ogier (Cayman) LLP**

Zhibao Technology Inc.

17 February 2026

**Schedule 1**

Documents examined

1 The Certificate of Incorporation of the Company dated 11 January 2023 issued by the Registrar.

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| | |
|:---|:---|
| 2 | The amended and restated memorandum and articles of association of the Company adopted by special resolutions of the shareholders of the Company passed on 29 March 2024 (the **M&A**). |

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| | |
|:---|:---|
| 3 | A Certificate of Good Standing dated 5 February 2026 (the **Good Standing Certificate**) issued by the Registrar in respect of the Company. |

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| | |
|:---|:---|
| 4 | A certificate dated on the date hereof as to certain matters of fact signed by a director of the Company in the form annexed hereto (the **Director's Certificate**), having attached to it a copy of the written resolutions of all the directors of the Company passed on 16 February 2026 (the **Resolutions**). |

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| | |
|:---|:---|
| 5 | The Register of Writs maintained by the office of the Clerk of Courts in the Cayman Islands as inspected by us on 17 February 2026 (the **Register of Writs**). |

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6 The Registration Statement.

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|:---|:---|
| 7 | The equity incentive plan of the Company with an effective date of 16 February 2026 (the **Plan**). |

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Zhibao Technology Inc.

17 February 2026

**Schedule 2**

**Assumptions**

1 All original documents examined by us are authentic and complete.

2 All copy documents examined by us (whether in facsimile, electronic or other form) conform to the originals and those originals are authentic and complete.

3 All signatures, seals, dates, stamps and markings (whether on original or copy documents) are genuine.

4 Each of the Good Standing Certificate and the Director's Certificate is accurate and complete as at the date of this opinion.

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|:---|:---|
| 5 | Where any Document has been provided to us in draft or undated form, that Document has been, or will be, executed by all parties in materially the form provided to us and, where we have been provided with successive drafts of a Document marked to show changes from a previous draft, all such changes have been accurately marked. |

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6 There will be no intervening circumstance relevant to this opinion between the date hereof and the date upon which the Shares are issued.

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|:---|:---|
| 7 | The Company will have sufficient authorised share capital to effect the issue of any of the Shares at the time of issuance, whether as a principal issue or on the conversion, exchange or exercise of any securities. |

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**Status, authorisation and execution**

8 Each of the parties to the Documents and any Award Agreements other than the Company is duly incorporated, formed or organised (as applicable), validly existing and in good standing under all relevant laws.

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| | |
|:---|:---|
| 9 | Each Document has been and any Award Agreement will be duly authorised, executed and unconditionally delivered by or on behalf of all parties to it (other than the Company) in accordance with all applicable laws. |

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|:---|:---|
| 10 | In authorising the execution and delivery of the Documents by the Company, the exercise of its rights and performance of its obligations under the Documents, each of the directors of the Company has acted in good faith with a view to the best interests of the Company and has exercised the standard of care, diligence and skill that is required of him or her. |

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|:---|:---|
| 11 | The persons named in the Resolutions as authorised to execute any Documents on behalf of the Company which have not been executed as of the date hereof, will in fact execute such documents with the intention to bind the Company. |

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Zhibao Technology Inc.

17 February 2026

**Enforceability** 

12 None of the opinions expressed herein will be adversely affected by the laws or public policies of any jurisdiction other than the Cayman Islands. In particular, but without limitation to the previous sentence:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the laws or public policies of any jurisdiction
 other than the Cayman Islands will not adversely affect the capacity or authority of the
 Company; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) neither the execution or delivery of the
 Documents nor the exercise by any party to the Documents of its rights or the performance
 of its obligations under them contravene those laws or public policies.

**Share Issuance**

13 The Shares to be issued after the date of this opinion shall be issued at an issue price in excess of the par value thereof.

14 No invitation has been or will be made by or on behalf of the Company to the public in the Cayman Islands to subscribe for any of the Shares.

**Register of Writs**

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|:---|:---|
| 15 | The Register of Writs constitutes a complete and accurate record of the proceedings affecting the Company before the Grand Court of the Cayman Islands as at the time we conducted our investigation of such Register. |

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Zhibao Technology Inc.

17 February 2026

**Schedule 3**

**Qualifications**

**Good Standing**

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| | |
|:---|:---|
| 1 | Under the Companies Act (Revised) of the Cayman Islands (**Companies Act**) annual returns in respect of the Company must be filed with the Registrar, together with payment of annual filing fees. A failure to file annual returns and pay annual filing fees may result in the Company being struck off the Register of Companies, following which its assets will vest in the Financial Secretary of the Cayman Islands and will be subject to disposition or retention for the benefit of the public of the Cayman Islands. |

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| | |
|:---|:---|
| 2 | **In good standing** means only that as of the date of the Good Standing Certificate the Company is up-to-date with the filing of its annual returns and payment of annual fees with the Registrar. We have made no enquiries into the Company's good standing with respect to any filings or payment of fees, or both, that it may be required to make under the laws of the Cayman Islands other than the Companies Act. |

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**Limited Liability**

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| | |
|:---|:---|
| 3 | We are not aware of any Cayman Islands authority as to when the courts would set aside the limited liability of a shareholder in a Cayman Islands company. Our opinion on the subject is based on the Companies Act and English common law authorities, the latter of which are persuasive but not binding in the courts of the Cayman Islands. Under English authorities, circumstances in which a court would attribute personal liability to a shareholder are very limited, and include: (a) such shareholder expressly assuming direct liability (such as a guarantee); (b) the company acting as the agent of such shareholder; and (c) the company being incorporated by or at the behest of such shareholder for the purpose of committing or furthering such shareholder's fraud, or for a sham transaction otherwise carried out by such shareholder. In the absence of these circumstances, we are of the opinion that a Cayman Islands' court would have no grounds to set aside the limited liability of a shareholder. |

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**Non-Assessable**

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| | |
|:---|:---|
| 4 | In this opinion the phrase "non-assessable" means, with respect to Shares in the Company, that a shareholder shall not, solely by virtue of its status as a shareholder, be liable for additional assessments or calls on the Shares by the Company or its creditors (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstance in which a court may be prepared to pierce or lift the corporate veil). |

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**Register of Writs**

5 Our examination of the Register of Writs cannot conclusively reveal whether or not there is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) any current or pending litigation in the
 Cayman Islands against the Company; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any application for the winding up or
 dissolution of the Company or the appointment of any liquidator, trustee in bankruptcy or
 restructuring officer in respect of the Company or any of its assets,

as notice of these matters might not be entered on the Register of Writs immediately or updated expeditiously or the court file associated with the matter or the matter itself may not be publicly available (for example, due to sealing orders having been made). Furthermore, we have not conducted a search of the summary court. Claims in the summary court are limited to a maximum of CI $20,000.

## Exhibit 23.1

**Exhibit 23.1**

**<u>Consent of Independent Registered Public Accounting Firm</u>**

We consent to the incorporation by reference in the Registration Statement on Form S-8 pertaining to the 2026 Equity Incentive Plan of Zhibao Technology Inc. (the "Company") of our report dated January 9, 2026, with respect to the consolidated balance sheets of the Company as of June 30, 2024 and 2025, the related consolidated statements of operations and comprehensive (loss) income, changes in shareholders' equity and cash flows for each of the three years in the period ended June 30, 2025, and the related notes of the Company included in the Company's Annual Report (Form 20-F) for the year ended June 30, 2025.

/s/ HYYH CPA. LLC

HYYH CPA. LLC

*Baltimore, Maryland*

February 17, 2026

## Ex-Filing

?xml version='1.0' encoding='ASCII'? Filing Fee Exhibit

**Ex-Filing Fees**

**CALCULATION OF FILING FEE TABLES**

**S-8**

**Zhibao Technology Inc.**

**Table 1: Newly Registered Securities**

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Type** | **Security Class Title** | **Notes** | **Fee Calculation<br> Rule** | **Amount Registered** | **Proposed Maximum Offering<br> Price Per Unit** | **Maximum Aggregate Offering Price** | **Fee Rate** | **Amount of Registration Fee** |
| Equity | Class A ordinary shares, $0.0001 par value per share | (1) | Other | 4842853 | $0.84 | $4067996.52 | 0.0001381 | $561.80 |
| Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | $4067996.52 |  | 561.80 |
| Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: |  |  |  |
| Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: |  |  | $561.80 |

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**__________________________________________ Offering Note(s)**

&nbsp;&nbsp;&nbsp;&nbsp;(1) Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement on Form S-8 (this "Registration Statement") shall also cover any additional shares of Class A Ordinary Shares ("Class A Ordinary Shares") of Zhibao Technology Inc. (the "Registrant") that become issuable under the Registrant's 2026 Incentive Equity Plan, as amended (the "2026 Plan") by reason of any stock dividend, stock split, recapitalization or other similar transaction. Rule 457(c) and Rule 457(h). Estimated solely for the purposes of calculating the registration fee pursuant to Rule 457(c) and (h)(i) of the Securities Act based upon the average of the high $0.92 and low $0.76 sale prices of the Class A Ordinary Shares of the Company on February 17, 2026, as reported on Nasdaq.