Zhibao Technology Inc. announced the resignation of Xiao Luo as COO on November 30, 2025, and his appointment as CMO effective December 1, 2025; Xiaowei Le was appointed the new COO on December 1, 2025, with a monthly salary of RMB 50,000 (about $7,000) and Guangtong Ren was appointed as Chief Actuary with the same salary. These changes aim to strengthen leadership roles within the company.