Zhibao Technology Shareholders Approve Increase In Authorized Shares To 2,000,000,000 And 1-For-50 Reverse Split If Stock Closes Below $0.12/Share

Zhibao Technology's shareholders have approved an increase in authorized shares to 2 billion and a 1-for-50 reverse stock split if the stock price falls below $0.12 per share. This decision aims to enhance the company's financial structure and potentially improve its stock performance. The move comes as part of Zhibao's strategy to address its current market challenges.