Jianzhi Education Technology Group Co

Jianzhi Education Technology Group Co., Ltd. engages in the provision of educational content and information technology (IT) solutions. Its operating business segments include IT Related Solution Services and Educational Content Services. The IT Related Solutions Services segment offers IT related solution services such as software solutions and customizes intelligent solutions, and related services including maintenance and technical support services. The Educational Content segment covers the provision and licensing of educational content. The company was founded by Pei Xuan Wang in May 2011 and is headquartered in Beijing, China.

Jianzhi Education Technology Group Co., Ltd. engages in the provision of educational content and information technology (IT) solutions. It operates through the IT Related Solution Services and Educational Content Services and Other Services. The IT Related Solutions Services segment offers IT related solution services such as software solutions and customizes intelligent solutions, and related services including maintenance and technical support services. The Educational Content segment covers the provision and licensing of educational content. The company was founded by Pei Xuan Wang in May 2011 and is headquartered in Beijing, China.

BEIJING, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Jianzhi Education Technology Group Company Limited (the “Company” or “Jianzhi”) (NASDAQ: JZ), a leading EdTech company in China, announced major advancements that will expand adoption of its educational offerings, and accelerate developers' abilities to build highly accurate educational content for the next evolution of AI-based education.

Jianzhi Education Technology Announces Major Initiative in Natural Language Processing

BEIJING, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Jianzhi Education Technology Group Company Limited (the “Company” or “Jianzhi”) (NASDAQ: JZ), a leading EdTech company in China, announced today its new Artificial Intelligence (AI) initiatives.

Jianzhi Education Technology Strengthens its EdTech Capabilities with AI

BEIJING, Sept. 27, 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 its financial results for six months ended June 30, 2024.

Jianzhi Education Technology Group Company Limited Reports Half Year 2024 Financial Results

BEIJING, Aug. 12, 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 the Company has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated August 7, 2024, indicating that for the last 30 consecutive business days, the closing bid price for the Company's American depositary shares (the “ADSs”) was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rules. The Nasdaq notification letter has no current effect on the listing or trading of the Company's securities on the Nasdaq Global Select Market.

Jianzhi Education Technology Group Company Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

BEIJING, July 31, 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 it has received a letter from the Nasdaq Stock Market LLC (“Nasdaq”) Listing Qualifications Department on July 26, 2024, notifying the Company is not in compliance with the minimum market value requirement set forth in Nasdaq Listing Rules for continued listing on the Nasdaq Global Select Market. Nasdaq Listing Rule 5450(b)(1)(C) requires companies to maintain a minimum market value of publicly held shares of at least US$5 million, and Listing Rule 5810(c)(3)(D) provides that a failure to meet the market value requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the market value of the Company for the 30 consecutive business days from June 12, 2024 to July 26, 2024, the Company no longer meets the minimum market value requirement.

Jianzhi Education Technology Receives Nasdaq Notification Regarding Minimum Market Value Deficiency

BEIJING, May 28, 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 it has received a letter from the Nasdaq Stock Market LLC (“Nasdaq”) Listing Qualifications Department on May 22, 2024, notifying the Company no longer complies with the Nasdaq Listing Rule 5450(b)(1)(A) that requires companies listed on the Nasdaq Global Select Market to maintain a minimum of $10,000,000 in stockholders' equity for continued listing, and the Company's Form 20-F for the year ended December 31, 2023 reported stockholders' equity of ($2,425,096). In accordance with the Rules, the Company has 45 calendar days, or until July 8, 2024, to submit a plan to regain compliance. If the plan is accepted, Nasdaq can grant an extension of up to 180 calendar days from the date of the letter to evidence compliance.

Jianzhi Education Technology Receives Nasdaq Notification of Minimum Stockholders' Equity Non-Compliance

BEIJING, April 09, 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 its financial results for fiscal year ended December 31, 2023.

Jianzhi Education Technology Group Company Limited Reports Fiscal Year 2023 Financial Results

BEIJING, March 07, 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 has received a notification letter (the “Compliance Notice”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market Inc. (“Nasdaq”) dated March 5, 2024, informing the Company that it has regained compliance with Nasdaq Listing Rule 5550(a)(1) (the “Minimum Bid Price Requirement”).

Jianzhi Education Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement

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”.

Jianzhi Education Announces Plan to Implement ADS Ratio Change

BEIJING, Dec. 08, 2023 (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 its financial results for the first half of 2023.

Jianzhi Education Technology Group Company Limited Reports First Half 2023 Financial Results

BEIJING, Sept. 29, 2023 (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 its financial results for fiscal year 2022.

Jianzhi Education Technology Group Company Limited Reports Fiscal Year 2022 Financial Results

BEIJING, May 22, 2023 (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 received a notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 (the “2022 Annual Report”) with the U.S. Securities and Exchange Commission (the “SEC”). Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required public financial reports with the SEC.

Jianzhi Education Technology Group Company Limited Receives Notification from Nasdaq Regarding Delayed Form 20-F Filing

BEIJING, Dec. 22, 2022 (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 its financial results for the first half of 2022.

Jianzhi Education Technology Group Company Limited Reports First Half 2022 Financial Results

BEIJING, Nov. 28, 2022 (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 the Company's subsidiary Shanghai Ang'you Internet Technology Co., Ltd. (“Ang'you”) has entered into strategic cooperation agreement with Jinqiao Management Bureau of Shanghai Pilot Free Trade Zone on its vocational training online platform.

Jianzhi Education Technology Group Company Limited Enters into Strategic Cooperation Agreement with Jinqiao Management Bureau of Shanghai Pilot Free Trade Zone on Vocational Training Online Platform

The adult education materials provider's stock rose by as much as a factor of 25 on its first trading day, but since then has returned to near its IPO level. Jianzhi Education's big first-day jump, followed by gradual declines back to its IPO price, signal the recent parade of China meme stocks on Wall Street could be losing steam.

Jianzhi Education Debuts Like Meme, But Then Gets Lesson In Gravity

BEIJING, Aug. 30, 2022 (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 the closing of its initial public offering of 5,000,000 American Depositary Shares (the “ADS”) at a public offering price of US$5.00 per ADS for the total gross proceeds of approximately US$25,000,000, assuming the underwriter does not exercise its over-allotment option to purchase additional ADSs. Each ADS represents two ordinary shares of the Company. The offering closed on Aug 30, 2022, U.S. Eastern time, and the ADSs began trading on Aug 26, 2022, U.S. Eastern time, on the Nasdaq Stock Market under the ticker symbol “JZ”.

Jianzhi Education Technology Group Company Limited Announces Closing of US$25,000,000 Initial Public Offering

The stock price of a little-known Chinese technology company, Jianzhi Education Technology ( JZ , Financial), soared over 3,100% on Friday, Aug. 26 upon its initial public offering on the New York Stock Exchange. The company priced its IPO at just $5 per share, but it skyrocketed to over $160 per share on the day of the IPO before closing at $18.75.

This Chinese Stock Skyrocketed Over 3,100% on Its IPO

BEIJING, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Jianzhi Education Technology Group Company Limited (the “Company” or “Jianzhi”), a leading provider of digital educational content in China, today announced the pricing of its initial public offering of 5,000,000 American Depositary Shares (“ADS”) at a price to public of US$5 per ADS for the total offering size of approximately US$25 million, assuming the underwriter does not exercise its over-allotment option to purchase additional ADSs. Each ADS represents two ordinary shares of the Company. The ADSs will begin trading on August 26, 2022, U.S. Eastern time, on the Nasdaq Global Select Market under the symbol “JZ”. The offering is expected to close on August 30, 2022, subject to customary closing conditions.

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