Jingbo Technology Files 2024 10-K

TL;DR

Jingbo Tech filed its 2024 10-K. Check financials for the year ending Feb 29.

AI Summary

Jingbo Technology, Inc. filed its 10-K for the fiscal year ending February 29, 2024. The company, formerly known as SavMobi Technology Inc., is incorporated in Nevada and operates in the prepackaged software services sector. Its principal business address is in Hangzhou, Zhejiang, China. The filing covers financial data and business operations for the period.

Why It Matters

This filing provides a comprehensive overview of Jingbo Technology's financial health and business operations for the fiscal year 2024, crucial for investors and stakeholders to assess performance and future prospects.

Risk Assessment

Risk Level: low — The provided text is a standard 10-K filing header and does not contain specific financial performance details or forward-looking statements that would indicate a high risk.

Key Players & Entities

• Jingbo Technology, Inc. (company) — Filer and company name
• SavMobi Technology Inc. (company) — Former company name
• 20240229 (date) — Fiscal year end date
• 20240705 (date) — Filing date
• Hangzhou, Zhejiang (location) — Business address city and state

FAQ

Key Financial Figures

• $374 — share of the Company's common stock of $374 on that date as reported). As of July
• $0.001 — nding shares of common stock, par value $0.001 per share (the "Common Stock"), at a ra

Filing Documents

• form10-k.htm (10-K) — 1452KB
• ex31-1.htm (EX-31.1) — 18KB
• ex32-1.htm (EX-32.1) — 7KB
• ex32-2.htm (EX-32.2) — 7KB
• form10-k_001.jpg (GRAPHIC) — 69KB
• form10-k_002.jpg (GRAPHIC) — 40KB
• 0001493152-24-026267.txt ( ) — 8580KB
• svmb-20240229.xsd (EX-101.SCH) — 64KB
• svmb-20240229_cal.xml (EX-101.CAL) — 92KB
• svmb-20240229_def.xml (EX-101.DEF) — 242KB
• svmb-20240229_lab.xml (EX-101.LAB) — 416KB
• svmb-20240229_pre.xml (EX-101.PRE) — 376KB
• form10-k_htm.xml (XML) — 1593KB

Business

Business 3 Item 1A

Risk Factors

Risk Factors 10 Item IB Unresolved Staff Comments 10 Item 2

Properties

Properties 11 Item 3

Legal Proceedings

Legal Proceedings 11 Item 4 Mine Safety Disclosures 11 PART II Item 5 Market for Company's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 12 Item 6 [Reserved] 12 Item 7

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 12 Item 7A

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 46 Item 8

Financial Statements

Financial Statements 46 Item 9 Changes in and Disagreements With Accountants on Accounting and Financial Disclosure 46 Item 9A

Controls and Procedures

Controls and Procedures 46 Item 9B Other Information 47 Item 9C Disclosure Regarding Foreign Jurisdictions That Prevent Inspections 47 PART III Item 10 Directors, Executive Officers and Corporate Governance 48 Item 11

Executive Compensation

Executive Compensation 49 Item 12

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 50 Item 13 Certain Relationships and Related Transactions, and Director Independence 50 Item 14 Principal Accounting Fees and Services 53 PART IV Item 15 Exhibits and Financial Statement Schedules 54

SIGNATURES

SIGNATURES 55 2 PART I Item 1. Business. As used in this Annual Report on Form 10-K (this "Report"), references to the "Company," "SVMB," "we," "our" or "us" refer to Jingbo Technology, Inc., including its subsidiaries., unless the context otherwise indicates . Forward-Looking Certain expectations, primarily with respect to the future operating performance of the Company and other statements contained herein regarding matters that are not historical facts, are "forward-looking" statements. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "will," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "continue" or the negative of these similar terms. Future filings with the Securities and Exchange Commission, future press releases and future oral or written statements made by us or with our approval, which are not statements of historical fact, may contain forward-looking statements. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements speak only as of the date on which they are made. We undertake no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they are made, except as required by federal securities and any other applicable law. Corporate History The Company was incorporated by Mr. Lakwinder Singh Sidhu, the former president and sole director, in the State of Nevada on March 6, 2015, and established a May 31 fiscal year end. Initially the business platform was in providing application software to a global vendor platform to connect peo

Business

Business Overview Intellegence is a multinational technology company, with a smart parking application software and platform business ecosytem as its main business venture. The group company, Hangzhou Zhuyi Technology Co., Ltd. a PRC holding company, was formed on November 3, 2017 and is engaged in the business of smart parking application software and technology development. Its legal representative is Zhang Guowei. The registered capital was 60 million yuan. The company is located in Building B8, China Zhigu, Fuchun Park, Hangzhou. It specializes in smart parking projects, smart parking mobile applications and cloud platform construction innovation. Zhuyi Technology takes the smart parking scene as the entry point, integrates various parking lot resources, builds static traffic data and smart city services. A deeply integrated digital ecological platform for city planners, parking lot operators, car owners and cooperative businesses to provide comprehensive solutions for smart parking. It also focuses on the construction of its digital platform which operates the creations and control of businesses, assists the construction of smart cities, and creates a bright future for smart living. Intellegence operates facilities at Xiaoshan Airport Remote Parking Lot, Tianjin Xinhua International University, Fuyang People's Hospital, Qilu University Hospital, Shanghai Tesco Supermarket, Hubei Huanggang Central Hospital. We also currently have eight urban parking projects. Our Any-e Life platform covers Any-e stop smart city cloud platform, Any-e stop App., parking management system, ecosphere merchant system, information forums, Any-e purchase cloud mall, Any-e Shop VIP member hall, etc., Covering parking services, parking management, urban parking information, smart cloud e-commerce, automotive after-market merchant O2O store, car owner membership services, etc. 5 Any-e Shop adopts sub-chain technology and shared inclusive economy model, through WeChat's publi

View Full Filing

View this 10-K filing on SEC EDGAR