JZ | Jotup

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

Retrieved on:

Thursday, March 7, 2024

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”).

Key Points:

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”).
As previously announced, the Company received a notification letter from the Nasdaq dated September 12, 2023, 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 Rule 5450(a)(1).
According to the Compliance Notice, for the last 10 consecutive business days, from February 20 through March 4, 2024, the closing bid price of the Company’s ADSs has been at $1.00 per share or greater.
Accordingly, the Company has regained compliance with the Minimum Bid Price Requirement, and the matter is closed.

Jianzhi Education Announces Plan to Implement ADS Ratio Change

Retrieved on:

Friday, February 16, 2024

ADS, Bank, Sale, American depositary receipt, Tax, JZ, BNY Mellon, Security (finance)

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”).

Key Points:

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”).
For Jianzhi’s ADS holders, the ADS Ratio Change will have the same effect as a one-for-three reverse ADS split.
The ADS Ratio Change will have no impact on Jianzhi’s underlying ordinary shares, and no ordinary shares will be issued or canceled in connection with the ADS Ratio Change.
As a result of the ADS Ratio Change, Jianzhi’s ADS trading price is expected to increase proportionally, although the Company can give no assurance that the ADS trading price after the ADS Ratio Change will be equal to or greater than three (3) times the ADS trading price before the change.

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

Retrieved on:

Friday, December 8, 2023

Marketing, Research, Acquisition, JZ, Education, Growth

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.

Key Points:

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.
Net revenues were RMB280.6 million ($38.7 million) for the first six months of 2023, compared to RMB260.4 million during the same period in 2022.
Gross profit was RMB23.9million ($3.3million) for the first six months of 2023, compared to RMB40.0 million during the same period in 2022.
Net loss for the first half 2023 was RMB93.6 million ($12.9 million), compared to net loss of RMB2.9 million during the same period in 2022.

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

Retrieved on:

Friday, September 15, 2023

Calendar, Listing Rules, JZ, Audit

BEIJING, Sept. 15, 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 the Company has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated September 12, 2023, 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 Rule 5450(a)(1).

Key Points:

BEIJING, Sept. 15, 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 the Company has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated September 12, 2023, 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 Rule 5450(a)(1).
The Nasdaq notification letter has no current effect on the listing or trading of the Company’s securities on the Nasdaq Global Select Market.
Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until March 11, 2024, to regain compliance under the Listing Rules.
The Nasdaq notification letter will have no effect on the Company’s business operations, and the Company will take all reasonable measures to regain compliance.

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

Retrieved on:

Monday, May 22, 2023

Calendar, Notice, JZ, Annual report, Cryptocurrency

Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required public financial reports with the SEC.

Key Points:

Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required public financial reports with the SEC.
The Notice provides that the Company has until July 17, 2023 to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules.
If Nasdaq does not accept the Company’s plan, then the Company would have the opportunity to appeal that decision to a Nasdaq hearings panel.
The Company intends to submit to Nasdaq a plan to regain compliance on or before July 17, 2023 as required by the Notice.

Keystone Capital Welcomes Todd Lanscioni

Retrieved on:

Tuesday, January 24, 2023

Keystone Capital Management, L.P. (“Keystone”) is pleased to announce that Todd Lanscioni has joined the firm as a Managing Director.

Key Points:

Keystone Capital Management, L.P. (“Keystone”) is pleased to announce that Todd Lanscioni has joined the firm as a Managing Director.
“We are thrilled with the addition of Todd to the Keystone team,” noted Scott Gwilliam, Managing Partner of Keystone.
Lastly, there is an unquestionably strong cultural alignment between Todd and the Keystone team.”
Prior to joining Keystone, Mr. Lanscioni spent over 20 years with JZ Partners/Jordan Industries, a lower middle market private equity investment firm, as a Managing Director.
“After a nearly 25-year successful run with JZ Partners/Jordan Industries, I am very excited to begin this next chapter of my career with Keystone Capital,” remarked Mr. Lanscioni.

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

Retrieved on:

Monday, November 28, 2022

Empowerment, Omnichannel, Government, JZ, Chinese paper cutting

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 Companys subsidiary Shanghai Angyou Internet Technology Co., Ltd. (Angyou) has entered into strategic cooperation agreement with Jinqiao Management Bureau of Shanghai Pilot Free Trade Zone on its vocational training online platform.

Key Points:

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 Companys subsidiary Shanghai Angyou Internet Technology Co., Ltd. (Angyou) has entered into strategic cooperation agreement with Jinqiao Management Bureau of Shanghai Pilot Free Trade Zone on its vocational training online platform.
The cooperation was formed as part of Shanghai Pudong New Areas initiatives to facilitate the empowerment of real economy with online platforms.
Angyous innovative vocational training platform is among the first fleet of online platform projects that are recognized as key economic development projects by Pudong New Area.
The Company aims to build an online training platform with innovative digital content, which shall be more cost efficient and with broader scope of services.

Jianzhi Education Technology Group Company Limited Enters into Strategic Cooperation with Modern Industry-Education Integration Promotion Center of Shanghai Pudong New Area for Training of Cross-Border E-Commerce Talents

Retrieved on:

Monday, November 14, 2022

Cooperation, JZ, Partnership, Employment, Cyberspace Administration of China, Commerce, Development, Plan, Ecosystem, Growth, Education, National Development and Reform Commission, City, School, Omnichannel, University, Warehouse, Online shopping, Chinese paper cutting

Pivoting around employment and entrepreneurship-oriented practical training, Jianzhi provides digital educational content and intelligent education solutions for domestic higher education institutions and institutional clients.

Key Points:

Pivoting around employment and entrepreneurship-oriented practical training, Jianzhi provides digital educational content and intelligent education solutions for domestic higher education institutions and institutional clients.
Pursuant to the Plan, cross-border e-commerce is tagged with strategic value.
Yong Hu, CEO of the Company commented: We are glad to announce our tie-up with the Modern Industry-Education Integration Promotion Center as both of us see the rise of e-commerce industry in China.
Jianzhi is also fully committed to the digitalization and informatization of the education sector in China.

Revenue Executive and Chronic Pain Advocate to Reveal Secrets to Her Success in Debut Book

Retrieved on:

Thursday, November 17, 2022

Human, Success, SVP, HuffPost, Work, Dog, Woman, Partnership, CareerBuilder, Customer success, Humour, JZ, Female, Life, Book, Chronic pain, Interior design, Adobe

NEW YORK, Nov. 17, 2022 /PRNewswire/ -- Forbes Books, the exclusive business book publishing imprint of Forbes, announced today the planned 2023 release of Get It Together: A Winning Formula for Success from the Boss You Need by Puja Bhola Rios.

Key Points:

Rios is the Chief Revenue Officer of a startup unicorn, contributor to HuffPo, a chronic pain advocate, and now the author of an upcoming debut book.
The new work details Rios' formula for business and revenue success, related through life lessons learned as the daughter of a first-generation immigrant and female revenue executive.
Prior to Frame.io, Puja spent 13 years at CareerBuilder, where she started as a Sales Executive and eventually became SVP of Enterprise Sales and Customer Success.
In addition, Puja is a frequent contributor to HuffPo and Thrive Global, Puja prides herself on those she coaches and their success and her work as a Chronic Pain advocate and blogger.

IRG to Construct New, 227,000 Sq. Ft. Distribution Facility for RoadOne IntermodaLogistics in Suffolk, Virginia

Retrieved on:

Tuesday, September 27, 2022

SUFFOLK, Va., Sept. 27, 2022 /PRNewswire/ -- Industrial Realty Group, LLC (IRG), one of the largest industrial real estate developers in the nation, is proud to announce an agreement has been executed to develop a state-of-the-art distribution facility in Suffolk near the Port of Virginia. Upon completion, the project will be fully leased to RoadOne IntermodaLogistics, a single source intermodal, distribution, and logistics services company with a national footprint.

Key Points:

Upon completion, the project will be fully leased to RoadOne IntermodaLogistics, a single source intermodal, distribution, and logistics services company with a national footprint.
IRG to construct new facility for RoadOne IntermodaLogistics in Suffolk; 100 new jobs expected.
"RoadOne is pleased to be working with IRG to add needed distribution capacity for the U.S. Mid-Atlantic and Southeast regions.
US IntermodaLogistics and American IntermodaLogistics are part of Quality Logistics Services, a RoadOne IntermodaLogistics sister company.