Zhibao Technology Launches Joint Venture for Medical Insurance Products Amid Strong Revenue Growth

Zhibao Technology Inc., a leading Chinese InsurTech company, has launched Zhibao Yingshi, a joint venture with Shanghai Xingtao Network Technology Co. Ltd. The JV aims to accelerate the development of medical insurance products and has already recorded revenue in November 2025. Zhibao will contribute its strengths and resources, while Yingshi Health will merge its existing and future business into the JV. The preliminary revenue targets for Zhibao Yingshi are RMB 4 million per month for the remainder of 2025 and RMB 50 million for 2026, with an annual growth rate of at least 10%.