Jianzhi Education Announces 1-for-10 Reverse ADS Split Effective June 16, 2025

Reuters
Jun 12
Jianzhi Education Announces 1-for-10 Reverse ADS Split Effective June 16, 2025

BEIJING, June 12, 2025 - Jianzhi Education Technology Group Co. Ltd. $(JZ)$ has announced a change in the ratio of its American Depositary Shares (ADSs), moving from one ADS representing six ordinary shares to one ADS representing sixty ordinary shares. This adjustment, effective around June 16, 2025, will effectively function as a one-for-ten reverse ADS split, reducing the number of outstanding ADSs from 7,716,666 to approximately 771,666. Jianzhi's ADSs will continue trading under the symbol "JZ" with a new CUSIP number 47737L302. The company's ADS trading price is expected to increase proportionally following this change.

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