{"id":791280,"date":"2024-11-29T09:18:09","date_gmt":"2024-11-29T14:18:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/jianzhi-receives-good-news-from-nasdaq\/"},"modified":"2024-11-29T09:18:09","modified_gmt":"2024-11-29T14:18:09","slug":"jianzhi-receives-good-news-from-nasdaq","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/jianzhi-receives-good-news-from-nasdaq\/","title":{"rendered":"Jianzhi Receives Good News from Nasdaq"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">BEIJING, Nov.  29, 2024  (GLOBE NEWSWIRE) &#8212; Jianzhi Education Technology Group Company Limited (the \u201cCompany\u201d or \u201cJianzhi\u201d) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced that it has received a written notification letter (the \u201cCompliance Notice\u201d) from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (\u201cNasdaq\u201d) dated November 27, 2024, informing the Company that it has\u00a0regained\u00a0compliance\u00a0with Nasdaq Listing Rule 5550(a)(2) (the \u201cMinimum Bid Price Requirement\u201d).\u00a0<\/p>\n<p align=\"left\">\u201cWe take our NASDAQ listing very seriously,\u201d commented Mr. Yong Hu, CEO of the Company. \u201cAnd we\u2019re happy to be back in the saddle,\u201d he added.<\/p>\n<p align=\"left\">As previously announced, the Company received a notification letter from the Nasdaq dated August 7, 2024, indicating that for the last 30 consecutive business days, the closing bid price for the Company\u2019s American depositary shares (the \u201cADSs\u201d) was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5550(a)(2). Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company is provided with a\u00a0compliance\u00a0period of 180 calendar days from such notification, or until February 3, 2025, to regain\u00a0compliance. If at any time during the 180-day\u00a0compliance\u00a0period, the closing bid price of the Company\u2019s ADSs is US$1.00 per share or higher for a minimum of ten consecutive business days, the Nasdaq will provide the Company written confirmation of\u00a0compliance\u00a0and the matter will be closed. According to the Compliance Notice, for the last 10 consecutive business days, from November 13 through November 26, 2024, the closing bid price of the Company\u2019s ADSs has been at $1.00 per share or greater. Accordingly, the Company has\u00a0regained\u00a0compliance\u00a0with the Minimum Bid Price Requirement pursuant to Nasdaq Listing Rule 5550(a)(2), and the matter is closed.<\/p>\n<p align=\"left\">\n        <strong>About Jianzhi Education Technology Group Company Limited<\/strong><br \/>\n        <br \/>Headquartered in Beijing and established in 2011, Jianzhi is a leading provider of digital educational content in China and has been committed to developing educational content to fulfill the massive demand for high-quality, professional development training resources in China. Jianzhi started operations by providing educational content products and IT services to higher education institutions. Jianzhi also provides products to individual customers. Leveraging its strong capabilities in developing proprietary professional development training content and success in consolidating educational content resources within the industry, Jianzhi has successfully built up a comprehensive, multi-dimensional digital educational content database which offers a wide range of professional development products. Jianzhi embed proprietary digital education content into the self-developed online learning platforms, which are provided to a wide range of customers through its omni-channel sales system. Jianzhi is also fully committed to the digitalization and informatization of the education sector in China. For more information, please visit: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8gUWVREzr4x-lBIj_OOx1Sjzizgz0p1oz4AOYg31vdiGLgJgQhoIOSu4cyQRY2TXSV_AuFc12qLJcIVjNwQ6ZIB9eXrCZVifE3Q2ikWXRQg=\" rel=\"nofollow\" target=\"_blank\">www.jianzhi-jiaoyu.com<\/a>.<\/p>\n<p align=\"left\">\n        <strong>Safe Harbor Statement<br \/><\/strong>This press release (the \u201cPress Release\u201d) contains statements that may constitute \u201cforward-looking\u201d statements pursuant to the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201caims,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201clikely to,\u201d and similar statements. Statements that are not historical facts, including statements about the Company\u2019s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company\u2019s filings with the SEC. All information provided in this Press Release is as of the date of this Press Release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.<\/p>\n<p align=\"left\">\n        <strong>For investor and media inquiries, please contact:<\/strong>\n      <\/p>\n<p align=\"left\">Janice Wang<br \/>WFS Investor Relations Inc.<br \/>Phone: +86 13811768559<br \/>+1 628 283 9214<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pqNK4QZJEDNN89T02TpaEVaA-5b1YLbLxQtjA-ypRfHAvANCaYTvGIfOuTuyucHyR6LinlUMfDurMuTOuvR9nxcExMEGsrpsY6ix6iMsyoIAwa4aoZKX7U2OeJf7fvbYaW5-YUqKlbG4_7dsPPCySXqAGyeHkCIRbOteTCIiePH-6SGq5tzCHZLV42D9pDVU1o9zMJolNCMX-kjpqMO46xvYba6S-DJIqfSnIwrc2OApUhiiReadhgn1hTWw9Efvf-UEuUYl44LLf5LRH8RImw==\" rel=\"nofollow\" target=\"_blank\">services@wealthfsllc.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MTYxNSM2NjE1NTk5IzIyMTEzNTk=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MGI3YmNkMDMtNjgzNC00MDJlLTk4MTgtNzFmNWFlMTBhNWI5LTEyMjI5MTI=\/tiny\/Jianzhi-Education-Technology-G.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING, Nov. 29, 2024 (GLOBE NEWSWIRE) &#8212; Jianzhi Education Technology Group Company Limited (the \u201cCompany\u201d or \u201cJianzhi\u201d) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced that it has received a written notification letter (the \u201cCompliance Notice\u201d) from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (\u201cNasdaq\u201d) dated November 27, 2024, informing the Company that it has\u00a0regained\u00a0compliance\u00a0with Nasdaq Listing Rule 5550(a)(2) (the \u201cMinimum Bid Price Requirement\u201d).\u00a0 \u201cWe take our NASDAQ listing very seriously,\u201d commented Mr. Yong Hu, CEO of the Company. \u201cAnd we\u2019re happy to be back in the saddle,\u201d he added. As previously announced, the Company received a notification letter from the Nasdaq dated August 7, 2024, indicating that for &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jianzhi-receives-good-news-from-nasdaq\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Jianzhi Receives Good News from Nasdaq&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-791280","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Jianzhi Receives Good News from Nasdaq - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jianzhi-receives-good-news-from-nasdaq\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jianzhi Receives Good News from Nasdaq - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BEIJING, Nov. 29, 2024 (GLOBE NEWSWIRE) &#8212; Jianzhi Education Technology Group Company Limited (the \u201cCompany\u201d or \u201cJianzhi\u201d) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced that it has received a written notification letter (the \u201cCompliance Notice\u201d) from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (\u201cNasdaq\u201d) dated November 27, 2024, informing the Company that it has\u00a0regained\u00a0compliance\u00a0with Nasdaq Listing Rule 5550(a)(2) (the \u201cMinimum Bid Price Requirement\u201d).\u00a0 \u201cWe take our NASDAQ listing very seriously,\u201d commented Mr. Yong Hu, CEO of the Company. \u201cAnd we\u2019re happy to be back in the saddle,\u201d he added. 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