Zhibao Technology Inc. Class A Ordinary Shares Price & Performance (ZBAO)

QMSK Technology Co., a Cayman Islands holding company, has filed for an initial public offering of 1.5 million ordinary shares. The IPO price is expected to range between $4 and $6 per share. CEO Yaxin Dong will maintain significant control post-IPO, owning over 78% of voting power.1

Zhibao Technology Inc.'s Class A Ordinary stock saw a sharp 10.83% fluctuation on March 21, closing at $1.22. Despite a recent 1.67% rise from a pivot bottom, the stock remains in a downward trend, with predictions of further declines in the coming months.2

A prominent bank has revealed its 2024 profit distribution plan, proposing a cash dividend of RMB1.722 per 10 shares. This brings the total annual dividend payout to RMB19.455 billion, including interim dividends. The plan awaits approval at the upcoming annual general meeting.3