Company: JZ
Filing Date: 2025-09-16
Form Type: F-1/A
Source: 0001213900-25-087959
Chunk: 64

Company: Jianzhi Education Technology Group Co Ltd
Filing Date: 2025-09-16
Form: F-1/A
Chunk 64
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| ● | there                                                                                       
 are no deposited securities underlying the ADSs or the underlying deposited securities have 
 become apparently worthless; or                                                             |

| ● | there                                           
 has been a replacement of deposited securities. |

If the deposit agreement will terminate, the depositary will notify ADS holders at least 90 days before the termination date. At any time after the termination date, the depositary may sell the deposited securities. After that, the depositary will hold the money it received on the sale, as well as any other cash it is holding under the deposit agreement, unsegregated and without liability for interest, for the pro rata benefit of the ADS holders that have not surrendered their ADSs. Normally, the depositary will sell as soon as practicable after the termination date.

After the termination date and before the depositary sells, ADS holders can still surrender their ADSs and receive delivery of deposited securities, except that the depositary may refuse to accept a surrender for the purpose of withdrawing deposited securities or reverse previously accepted surrenders of that kind that have not settled if it would interfere with the selling process. The depositary may refuse to accept a surrender for the purpose of withdrawing sale proceeds until all the deposited securities have been sold. The depositary will continue to collect distributions on deposited securities, but, after the termination date, the depositary is not required to register any transfer of ADSs or distribute any dividends or other distributions on deposited securities to the ADSs holder (until they surrender their ADSs) or give any notices or perform any other duties under the deposit agreement except as described in this paragraph.

Limitations on Obligations and Liability

Limits on our Obligations and the Obligations of the Depositary; Limits on Liability to Holders of ADSs

The deposit agreement expressly limits our obligations and the obligations of the depositary. It also limits our liability and the liability of the depositary. We and the depositary:

| ● | are                                                                                        
 only obligated to take the actions specifically set forth in the deposit agreement without 
 negligence or bad faith, and the depositary will not be a fiduciary or have any fiduciary  
 duty to holders of ADSs;                                                                   |

| ● | are                                                                                            
 not liable if we are or it is prevented or delayed by law or by events or circumstances beyond 
 our or its ability to prevent or counteract with reasonable care or effort from performing     
 our or its obligations under the deposit agreement;                                            |

| ● | are                                                                                
 not liable