Zhibao Technology issued "Preliminary Guidance" today for its fiscal year ended June 30, 2026.
It's guidance for a year that finished three months ago. That isn't a forecast. It's an early peek at a report card that hasn't been formally handed in, and "preliminary" means the final numbers are still to come.
$ZBAO is +10.78%. The release is timestamped 12:30 PM ET, in the middle of the session.
The timing matters for the history. The nearest cross-stock sample is earnings days where a $1+ stock opened with a gap-up of 10% or more on a before-the-open report: 717 sessions. 48% closed above the open, 52% below, and the median open-to-close was -0.27%. That setup needs the news out before the bell. This news came out at lunch, so the sample describes a neighboring setup, not today.
Yesterday's post had two guidance headlines in opposite tenses. The forward-looking one, Iovance, opened 12.79 and closed 14.45 that session. Zhibao has now used the word for the past tense.