Major Changes Announced by Jianzhi
On July 17, 2025, Jianzhi Education Technology Group Company Limited (NASDAQ: JZ) held an extraordinary general meeting in Beijing, where shareholders voted to implement sweeping changes in the company's share capital structure. This critical meeting, which commenced at 9:30 A.M. Beijing time, addressed key resolutions that aim to reshape the financial architecture of the company moving forward.
Outcomes of the Meeting
During the meeting, the shareholders approved several resolutions that include the immediate restructuring of the Company’s authorized share capital. Key resolutions included:
1.
Reclassification of Shares: One of the most notable decisions was the re-designation of 400 million authorized ordinary shares as Class A Ordinary shares, with the same rights as existing shares. Furthermore, 100 million authorized but unissued ordinary shares will be canceled, replaced by the creation of Class B Ordinary shares that will entitle holders to fifty votes per share.
2.
Increase in Authorized Share Capital: Shareholders also endorsed a substantial increase in the company's authorized share capital, escalating it from $50,000 to $1,000,000. This new structure consists of 9.9 billion Class A Ordinary shares and 100 million Class B Ordinary shares, significantly bolstering the company’s financial flexibility.
3.
Adoption of New Governance Documents: The meeting's attendees passed a resolution to adopt a second amended and restated memorandum and articles of association for the company. This new governance document will guide the company's operational framework going forward.
4.
Repurchase Resolution: As part of the restructuring, the company intends to repurchase 54,790,000 Class A Ordinary shares from RongDe Holdings Limited, funded by the issuance of Class B Ordinary shares.
5.
Adjournment of Meeting: Lastly, the meeting concluded with the decision that should further adjournments be necessary, they will be scheduled for a later date.
About Jianzhi Education Technology Group
Founded in 2011 and headquartered in Beijing, Jianzhi has established itself as a frontrunner in digital educational content within China. The company is committed to developing high-quality educational resources, meeting the growing demand for professional development training across various sectors. Initially providing content to higher education institutions, Jianzhi has expanded its offering to individual customers, leveraging proprietary technology to enhance the overall educational experience.
Jianzhi's digital content database is comprehensive, integrating advanced proprietary educational technologies tailored for various learning platforms. The company's strong emphasis on digitalization further exemplifies its commitment to transforming the educational landscape in China.
Looking Ahead
These recent decisions are designed not only to strengthen Jianzhi's capital base but also to enhance its competitive edge in the education technology sector. As Jianzhi continues to adapt to evolving market needs, it positions itself for sustainable growth while striving to deliver innovative educational solutions across China.
For more information about Jianzhi and their offerings, visit their official website at
www.jianzhi-jiaoyu.com.
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