Jianzhi Education Announces Plan to Implement ADS Ratio Change

February 16, 2024

https://www.globenewswire.com/news-release/2024/02/16/2830748/0/en/Jianzhi-Education-Announces-Plan-to-Implement-ADS-Ratio-Change.html

BEIJING, Feb. 16, 2024 (GLOBE NEWSWIRE) — Jianzhi Education Technology Group Company Limited (the “Company” or “Jianzhi”) (NASDAQ:JZ), a leading provider of digital educational content in China, today announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) from current one (1) ADS representing two (2) ordinary shares to a new ADS Ratio of one (1) ADS representing six (6) ordinary shares (the “ADS Ratio Change”). The Company anticipates that the ADS Ratio Change will be effective on or about February 20, 2024 (U.S. Eastern Time). Jianzhi’s ADSs will continue to be traded on the Nasdaq Stock Exchange under the symbol “JZ”.

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