Company: JZ
Filing Date: 2025-09-16
Form Type: F-1/A
Source: 0001213900-25-087959
Chunk: 65

Company: Jianzhi Education Technology Group Co Ltd
Filing Date: 2025-09-16
Form: F-1/A
Chunk 65
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 if we or it exercises discretion permitted under the deposit agreement; |

| ● | are                                                                                                
 not liable for the inability of any holder of ADSs to benefit from any distribution on deposited   
 securities that is not made available to holders of ADSs under the terms of the deposit agreement, 
 or for any special, consequential or punitive damages for any breach of the terms of the           
 deposit agreement;                                                                                 |

| ● | have                                                                                     
 no obligation to become involved in a lawsuit or other proceeding related to the ADSs or 
 the deposit agreement on your behalf or on behalf of any other person;                   |

| ● | may                                                                                       
 rely upon any documents we believe or it believes in good faith to be genuine and to have 
 been signed or presented by the proper person;                                            |

| ● | are                                                                                              
 not liable for the acts or omissions of any securities depository, clearing agency or settlement 
 system; and                                                                                      |

| ● | the depositary has no duty to make any determination or provide any information as to our tax status, or any liability for any tax consequences that may be incurred by ADS holders as a result of owning or holding ADSs or be liable for the inability or failure of an ADS holder to obtain the benefit of a foreign tax credit, reduced rate of withholding or refund of amounts withheld in respect of tax or any other tax benefit. |

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In the deposit agreement, we and the depositary agree to indemnify each other under certain circumstances.

Direct Registration System

In the deposit agreement, all parties to the deposit agreement acknowledge that the Direct Registration System, also referred to as DRS, and Profile Modification System, also referred to as Profile, will apply to the ADSs. DRS is a system administered by DTC that facilitates interchange between registered holding of uncertificated ADSs and holding of security entitlements in ADSs through DTC and a DTC participant. Profile is a feature of DRS that allows a DTC participant, claiming to act on behalf of a registered holder of uncertificated ADSs, to direct the depositary to register a transfer of those ADSs to DTC or its nominee and to deliver those ADSs to the DTC account of that DTC participant without receipt by the depositary of prior authorization from the ADS holder to register that transfer.

In connection with and in accordance with the arrangements and procedures relating to DRS/Profile, the parties to the deposit agreement understand that the depositary will not determine whether the DTC participant that