Jianpu Technology Inc. Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price

Core Viewpoint - Jianpu Technology Inc. has received a notification from the New York Stock Exchange indicating that it is below compliance standards due to the trading price of its American depositary shares, with a cure period expiring on July 24, 2024 [1] Compliance Standards - According to NYSE rule 802.01C, a company is considered below compliance if the average closing price of its security is less than $1.00 over a consecutive 30 trading-day period [2] - The company must bring its share price back above$1.00 within the applicable cure period to regain compliance [2] - Compliance can be regained if the closing share price is at least $1.00 on the last trading day of any calendar month during the cure period, along with an average closing price of at least$1.00 over the preceding 30 trading days [2] Company Response - Jianpu intends to monitor the market conditions of its listed securities and is considering its options to address the compliance issue [3] Company Overview - Jianpu Technology Inc. is a leading independent open platform for the discovery and recommendation of financial products in China, connecting users with financial service providers [4] - The company leverages proprietary technology to provide customized search results and recommendations tailored to users' financial needs [4] - Jianpu also offers sales and marketing solutions to financial service providers, enhancing their competitiveness through tailored data and risk management services [4]