<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Beijing 1898 Youchuang Investment Center (Limited Partnership) -->
          <cik>0002085306</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>CLASS A ORDINARY SHARES, PAR VALUE $0.0001</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001966750</issuerCik>
        <issuerName>Zhibao Technology Inc.</issuerName>
        <issuerCusip>G989MC106</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>Floor 3, Building 6, Wuxing Road</com:street1>
          <com:street2>Lane 727, Pudong New Area</com:street2>
          <com:city>Shanghai</com:city>
          <com:stateOrCountry>F4</com:stateOrCountry>
          <com:zipCode>201204</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Beijing 1898 Youchuang Investment Center (Limited Partnership)</reportingPersonName>
      <citizenshipOrOrganization>F4</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>1109430.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>1109430.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1109430.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>6.8</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Hong Li</reportingPersonName>
      <citizenshipOrOrganization>F4</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>1109430.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>1109430.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1109430.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>6.8</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>(1) Based on 16,298,174 Class A ordinary shares issued and outstanding and excludes 16,816,692 Class B ordinary shares issued and outstanding as of October 9, 2025. (2) Beijing 1898 Youchuang Investment Center (Limited Partnership) ("Beijing 1898") is the record holder of the shares reported herein. Ms. Hong Li is the director of Beijing 1898. As such, she may be deemed to have or share voting and dispositive power of the Class A ordinary shares held directly by Beijing 1898. Ms. Li disclaims any beneficial ownership of the reported ordinary shares other than to the extent of any pecuniary interest she may have therein, directly or indirectly.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Zhibao Technology Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>Floor 3, Building 6, Wuxing Road, Lane 727, Pudong New Area, Shanghai, China 201204</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Beijing 1898 Youchuang Investment Center (Limited Partnership)</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>No. 105, Yaojiyuan Road, Chaoyang District, Beijing, China</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Beijing 1898 Youchuang Investment Center (Limited Partnership) is a limited partnership incorporated under the laws of the People's Republic of China. Ms. Hong Li is a citizen of the People's Republic of China.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>1,109,430</amountBeneficiallyOwned>
        <classPercent>The responses to Items 5-11 of the cover pages of this Schedule 13G are incorporated herein by reference. As of October 9, 2025, the Reporting Persons may be deemed to beneficially own 1,109,430 shares of the Issuer's Class A ordinary shares, representing 6.8% of the total Class A ordinary shares issued and outstanding. The percentage of Class A ordinary shares held by the Reporting Persons is based on 16,298,174 Class A ordinary shares issued and outstanding and excludes 16,816,692 Class B ordinary shares issued and outstanding as of October 9, 2025.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>1,109,430</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>1,109,430</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>Y</notApplicableFlag>
      </item10>
    </items>
    <exhibitInfo>99.1 Joint Filing Agreement (filed herewith).</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>Beijing 1898 Youchuang Investment Center (Limited Partnership)</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Hong Li</signature>
        <title>Hong Li, Director</title>
        <date>10/10/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Hong Li</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Hong Li</signature>
        <title>Hong Li / N.A.</title>
        <date>10/10/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>

</edgarSubmission>
