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2021-10-04
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Sunlands Technology Group Regains Compliance with NYSE Minimum Price Continued Listing Criterion<blockquote>Sunlands Technology Group重新遵守纽约证券交易所最低价格继续上市标准</blockquote>
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In order to regain compliance with the minimum share price requirement, the Company changed the ratio of the ADSs representing its Class A ordinary shares from <a href=\"https://laohu8.com/S/AONE.U\">one</a> (1) ADS representing one twenty-fifth (1/25) Class A ordinary shares to one (1) ADS representing one half (1/2) Class A ordinary shares. The change of the ADS ratio became effective on August 31, 2021.</p><p><blockquote>正如之前宣布的那样，公司收到纽约证券交易所日期为2021年7月23日的信函，通知公司由于公司美国存托股票（“ADS”）的平均收盘价低于合规标准连续30个交易日低于1.00美元。为重新遵守最低股价规定，本公司将代表其A类普通股的美国存讬股比例由<a href=\"https://laohu8.com/S/AONE.U\">一</a>(1)美国存讬股份代表二十五分之一(1/25)A类普通股至一(1)美国存讬股份代表二分之一(1/2)A类普通股。ADS比率的变更于2021年8月31日生效。</blockquote></p><p> On October 1, 2021, NYSE provided confirmation to the Company that its average closing share price for the consecutive 30-trading days ended September 30, 2021 was above the NYSE's minimum requirement of $1.00 per share. Accordingly, the Company is no longer considered below the $1 continued listing criterion and has regained compliance on this matter.</p><p><blockquote>2021年10月1日，纽约证券交易所向该公司确认，其截至2021年9月30日的连续30个交易日的平均收盘价高于纽约证券交易所每股1.00美元的最低要求。因此，该公司不再被视为低于1美元的继续上市标准，并已重新遵守此事。</blockquote></p><p> <b><u>About Sunlands</u></b></p><p><blockquote><b><u>关于阳光之地</u></b></blockquote></p><p> Sunlands Technology Group (NYSE: STG) (\"Sunlands\" or the \"Company\"), formerly known as Sunlands Online Education Group, is the leader in China's online post-secondary and professional education. With a one to many, live streaming platform, Sunlands offers various degree and diploma-oriented post-secondary courses as well as online professional courses and educational content, to help students prepare for professional certification exams and attain professional skills. Students can access its services either through PC or mobile applications. The Company's online platform cultivates a personalized, interactive learning environment by featuring a virtual learning community and a vast library of educational content offerings that adapt to the learning habits of its students. Sunlands offers a unique approach to education research and development that organizes subject content into Learning Outcome Trees, the Company's proprietary knowledge management system. Sunlands has a deep understanding of the educational needs of its prospective students and offers solutions that help them achieve their goals.</p><p><blockquote>森兰科技集团（纽约证券交易所代码：STG）（“森兰”或“公司”），前身为森兰在线教育集团，是中国在线高等教育和专业教育的领导者。凭借一对多的直播平台，Sunlands提供各种以学位和文凭为导向的大专课程以及在线专业课程和教育内容，以帮助学生准备专业认证考试并获得专业技能。学生可以通过PC或移动应用程序访问其服务。该公司的在线平台通过虚拟学习社区和适应学生学习习惯的庞大教育内容库来培养个性化的互动学习环境。Sunlands提供了一种独特的教育研发方法，将主题内容组织到学习成果树中，这是该公司专有的知识管理系统。Sunlands对未来学生的教育需求有着深刻的理解，并提供帮助他们实现目标的解决方案。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sunlands Technology Group Regains Compliance with NYSE Minimum Price Continued Listing Criterion<blockquote>Sunlands Technology Group重新遵守纽约证券交易所最低价格继续上市标准</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSunlands Technology Group Regains Compliance with NYSE Minimum Price Continued Listing Criterion<blockquote>Sunlands Technology Group重新遵守纽约证券交易所最低价格继续上市标准</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1048763057\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/3bc820a768ede5e92b67c60b98f677f7);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Prnasia </p>\n<p class=\"h-time smaller\">2021-10-04 16:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>BEIJING, Oct. 4, 2021 /PRNewswire/ -- <b>Sunlands Technology Group </b><a href=\"https://laohu8.com/S/STG\">$(STG)$</a> (\"Sunlands\" or the \"Company\"), a leader in China's online post-secondary and professional education, today announced that it has received a notification letter from the New York Stock Exchange (the \"NYSE\") dated October 1, 2021, informing the Company that it has regained compliance with the NYSE's continued listing criterion of a minimum share price as set forth in Section 802.01C of the NYSE Listed Company Manual.</p><p><blockquote>北京2021年10月4日/美通社/--<b>阳光科技集团</b><a href=\"https://laohu8.com/S/STG\">$(STG)$</a>中国在线高等教育和专业教育的领导者（“Sunlands”或“公司”）今天宣布，已收到纽约证券交易所（“纽约证券交易所”）日期为2021年10月1日的通知函，通知公司已重新遵守纽约证券交易所《纽约证券交易所上市公司手册》第802.01 c节中规定的最低股价的持续上市标准。</blockquote></p><p> As previously announced, the Company received a letter from the NYSE dated July 23, 2021 notifying the Company that it was below compliance standards due to the fact that the average closing price of the Company's American depositary shares (the \"ADSs\") was less than $1.00 for a consecutive 30 trading-day period. In order to regain compliance with the minimum share price requirement, the Company changed the ratio of the ADSs representing its Class A ordinary shares from <a href=\"https://laohu8.com/S/AONE.U\">one</a> (1) ADS representing one twenty-fifth (1/25) Class A ordinary shares to one (1) ADS representing one half (1/2) Class A ordinary shares. The change of the ADS ratio became effective on August 31, 2021.</p><p><blockquote>正如之前宣布的那样，公司收到纽约证券交易所日期为2021年7月23日的信函，通知公司由于公司美国存托股票（“ADS”）的平均收盘价低于合规标准连续30个交易日低于1.00美元。为重新遵守最低股价规定，本公司将代表其A类普通股的美国存讬股比例由<a href=\"https://laohu8.com/S/AONE.U\">一</a>(1)美国存讬股份代表二十五分之一(1/25)A类普通股至一(1)美国存讬股份代表二分之一(1/2)A类普通股。ADS比率的变更于2021年8月31日生效。</blockquote></p><p> On October 1, 2021, NYSE provided confirmation to the Company that its average closing share price for the consecutive 30-trading days ended September 30, 2021 was above the NYSE's minimum requirement of $1.00 per share. Accordingly, the Company is no longer considered below the $1 continued listing criterion and has regained compliance on this matter.</p><p><blockquote>2021年10月1日，纽约证券交易所向该公司确认，其截至2021年9月30日的连续30个交易日的平均收盘价高于纽约证券交易所每股1.00美元的最低要求。因此，该公司不再被视为低于1美元的继续上市标准，并已重新遵守此事。</blockquote></p><p> <b><u>About Sunlands</u></b></p><p><blockquote><b><u>关于阳光之地</u></b></blockquote></p><p> Sunlands Technology Group (NYSE: STG) (\"Sunlands\" or the \"Company\"), formerly known as Sunlands Online Education Group, is the leader in China's online post-secondary and professional education. With a one to many, live streaming platform, Sunlands offers various degree and diploma-oriented post-secondary courses as well as online professional courses and educational content, to help students prepare for professional certification exams and attain professional skills. Students can access its services either through PC or mobile applications. The Company's online platform cultivates a personalized, interactive learning environment by featuring a virtual learning community and a vast library of educational content offerings that adapt to the learning habits of its students. Sunlands offers a unique approach to education research and development that organizes subject content into Learning Outcome Trees, the Company's proprietary knowledge management system. Sunlands has a deep understanding of the educational needs of its prospective students and offers solutions that help them achieve their goals.</p><p><blockquote>森兰科技集团（纽约证券交易所代码：STG）（“森兰”或“公司”），前身为森兰在线教育集团，是中国在线高等教育和专业教育的领导者。凭借一对多的直播平台，Sunlands提供各种以学位和文凭为导向的大专课程以及在线专业课程和教育内容，以帮助学生准备专业认证考试并获得专业技能。学生可以通过PC或移动应用程序访问其服务。该公司的在线平台通过虚拟学习社区和适应学生学习习惯的庞大教育内容库来培养个性化的互动学习环境。Sunlands提供了一种独特的教育研发方法，将主题内容组织到学习成果树中，这是该公司专有的知识管理系统。Sunlands对未来学生的教育需求有着深刻的理解，并提供帮助他们实现目标的解决方案。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STG":"尚德机构"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2172998041","content_text":"BEIJING, Oct. 4, 2021 /PRNewswire/ -- Sunlands Technology Group $(STG)$ (\"Sunlands\" or the \"Company\"), a leader in China's online post-secondary and professional education, today announced that it has received a notification letter from the New York Stock Exchange (the \"NYSE\") dated October 1, 2021, informing the Company that it has regained compliance with the NYSE's continued listing criterion of a minimum share price as set forth in Section 802.01C of the NYSE Listed Company Manual.\nAs previously announced, the Company received a letter from the NYSE dated July 23, 2021 notifying the Company that it was below compliance standards due to the fact that the average closing price of the Company's American depositary shares (the \"ADSs\") was less than $1.00 for a consecutive 30 trading-day period. In order to regain compliance with the minimum share price requirement, the Company changed the ratio of the ADSs representing its Class A ordinary shares from one (1) ADS representing one twenty-fifth (1/25) Class A ordinary shares to one (1) ADS representing one half (1/2) Class A ordinary shares. The change of the ADS ratio became effective on August 31, 2021.\nOn October 1, 2021, NYSE provided confirmation to the Company that its average closing share price for the consecutive 30-trading days ended September 30, 2021 was above the NYSE's minimum requirement of $1.00 per share. Accordingly, the Company is no longer considered below the $1 continued listing criterion and has regained compliance on this matter.\nAbout Sunlands\nSunlands Technology Group (NYSE: STG) (\"Sunlands\" or the \"Company\"), formerly known as Sunlands Online Education Group, is the leader in China's online post-secondary and professional education. With a one to many, live streaming platform, Sunlands offers various degree and diploma-oriented post-secondary courses as well as online professional courses and educational content, to help students prepare for professional certification exams and attain professional skills. Students can access its services either through PC or mobile applications. The Company's online platform cultivates a personalized, interactive learning environment by featuring a virtual learning community and a vast library of educational content offerings that adapt to the learning habits of its students. Sunlands offers a unique approach to education research and development that organizes subject content into Learning Outcome Trees, the Company's proprietary knowledge management system. 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