Established in 2018 and headquartered in Beijing, China, Jianzhi Education Technology Group Company Limited provides a diverse range of services to higher education institutions throughout China. The company specializes in creating and delivering educational content products, alongside comprehensive information technology solutions. Its IT offerings encompass the design and development of custom system services, the procurement and assembly of essential operational equipment, and ongoing technical support and maintenance. Additionally, Jianzhi Education also offers mobile media advertising services.
Jianzhi Education Announces Plan to Implement ADS Ratio Change
Jianzhi Education announced a 1-for-30 reverse ADS split, changing the ratio from one ADS representing 60 ordinary shares to one representing 1,800 ordinary shares.
The reverse split will reduce the number of outstanding ADSs from approximately 32.1 million to 1.07 million, effective at the open of trading on July 6, 2026.
The Bank of New York Mellon will manage the exchange; holders will surrender 30 existing ADSs for every one new ADS, with fractional interests sold for cash.