Lixiang Education Announces Plan to Implement ADS Ratio Change

January 19, 2024

https://www.prnewswire.com/news-releases/lixiang-education-announces-plan-to-implement-ads-ratio-change-302016785.html

LISHUI, China, Dec. 15, 2023 /PRNewswire/ — Lixiang Education Holding Co., Ltd. (the “Company” orNASDAQ: LXEH), a prestigious private education service provider in China, today announced that it plans to change the ratio of its American depositary shares (“ADSs”) to its ordinary shares (the “ADS Ratio”), par value US$0.0001 per share, from the current ADS Ratio of one (1) ADS to five (5) ordinary shares to a new ADS Ratio of one (1) ADS to ten (10) ordinary shares (the “ADS Ratio Change”). The Company anticipates that the ADS Ratio Change will be effective on or about January 3, 2024 (the “Effective Date”).

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