Jianzhi Education receives written notification from the staff of Nasdaq

Jianzhi Education Technology Group Company Limited announced that the company has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market dated August 7, indicating that for the last 30 consecutive business days, the closing bid price for the Company’s American depositary shares 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. In the event the Company does not regain compliance by February 3 subject to the determination by the staff of Nasdaq, the Company may be eligible for an additional 180-day compliance period. 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.