
FORM10-K(AnnualReport) Filed06/12/25forthePeriodEnding02/28/25 Telephone400-926-0345CIK0001647822SymbolSVMBSICCode7372-Services-PrepackagedSoftwareIndustrySoftwareSectorTechnologyFiscalYear02/28 U.S. SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549 FORM 10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 28, 2025 Commission file number:000-56570 Jingbo Technology, Inc.(Exact name of Company as specified in its charter) Nevada(State of incorporation) 47-3240707(I.R.S. Employer Identification No.) Floor 1 to 6, No. 1 to 10,Chuangyi Road,Yinhu Village,Shoujiang Town, Fuyang District, China(Address of principal executive offices) Securities registered pursuant to Section 12(g) of the Exchange Act:None Indicate by check mark if the Company is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☐No☒ Indicate by check mark if the Company is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐No☒ Indicate by check mark whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months(or for such shorter period that the Company was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the Company has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required tobe submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theCompany was required to submit and post such files). Yes☐No☒ Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will notbe contained, to the best of Company’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or anyamendment to this Form 10-K.☐ Indicate by check mark whether the Company is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. Seedefinitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one): Large accelerated filer☐Accelerated filer☐Non-accelerated filer☐Smaller reporting company☒(Do not check if a smaller reporting company)Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filingreflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received byany of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the Company is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒ The aggregate market value of voting stock held by non-affiliates of the Company as of the last business day of the Company’s most recently complete secondfiscal quarter was $1,033,970,872 (computed by reference to the closing price of a share of the Company’s common stock of $374 on that date as reported). As of June 6, 2025 555,315,412 shares of the issuer’s common stock were issued and outstanding. Documents Incorporated By Reference: None TABLE OF CONTENTS PagePART IItem 1Business3Item 1ARisk Factors21Item IBUnresolved Staff Comments35Item 2Properties36Item 3Legal Proceedings36Item 4Mine Safety Disclosures36 Item 5Market for Company’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities36Item 6[Reserved]36Item 7Management’s Discussion and Analysis of Financial Condition and Results of Operations36Item 7AQuantitative and Qualitative Disclosures About Market Risk79Item 8Financial Statements79Item 9Changes in and Disagreements With Accountants on Accounting and Financial Disclosure79Item 9AControls and Procedures79Item 9BOther Information80Item 9CDisclosure Regarding Foreign Jurisdictions That Prevent Inspections80 Item 10Directors, Executive Officers and Corporate Governance81Item 11Executive Compensation82Item 12Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters83Item 13Certain Relationships and Related Transactions, and Director Independence83Item 14Principal A