Company: JZ
Filing Date: 2025-05-28
Form Type: DRS
Source: 0001213900-25-047999
Chunk: 10

Company: Jianzhi Education Technology Group Co Ltd
Filing Date: 2025-05-28
Form: DRS
Chunk 10
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 have not been tested in any of the PRC courts. In addition, there are substantial uncertainties regarding the interpretation and application of current and future PRC laws, regulations, and rules relating to these contractual arrangements. If the PRC government finds such agreements non -compliantwith relevant PRC laws, regulations, and rules, or if these laws, regulations, and rules or the interpretation thereof change in the future, we could be subject to severe penalties or be forced to relinquish our interests in the VIEs or forfeit our rights under the contractual arrangements, which could cause the value of our ADSs to significantly decline or become worthless. See “Item 3. Key Information — D. Risk Factors — Risks Related to Corporate Structure” of our most recent Annual Report on Form 20 -F, which is incorporated by reference in this prospectus. 2 The following diagram illustrates the corporate structure of us and the VIEs, including our significant subsidiaries, Beijing Sentu and its subsidiaries, as of the date of this prospectus: ____________ Notes: (1)48.8% equity interest in Shanghai Ang’you is owned by Ms. Xiaoling Tang, a prior management member of Shanghai Ang’you, an entity controlled by Beijing Sentu, the VIE Entity. (2)49% equity interest in Wuhan Crossboarder is owned by Zhangmei Technology Co., Ltd. Permissions Required from the PRC Authorities for Our Operations As of the date of this prospectus, as advised by DeHeng Law Offices, our counsel as to PRC law, our PRC subsidiaries and the VIEs have obtained the requisite licenses and permits from the PRC government authorities for the business operations we and the VIEs conduct in the PRC, including the value -addedtelecommunications business operating license, license for production and operation of radio and television programs and operating license of publication. For a list of licenses and approvals that our WFOE and the VIEs are required to obtain for the operations we and the VIEs conduct in China as of the date of this prospectus, see “Item 4. Information on the Company — B. Business Overview — Licenses and Approvals” of our most recent Annual Report on Form 20 -F, which is incorporated by reference in this prospectus. However, we cannot assure you that our PRC subsidiaries and the VIEs are always able to successfully update or renew the licenses or permits required for the relevant business in a timely manner or