US Market News
8時間前
Jinxin Technology Holding Company Announces Plan to Implement ADS Ratio ChangeJune 23, 2026 6:00 AM
PR Newswire (US) SHANGHAI, June 23, 2026 /PRNewswire/ -- Jinxin Technology Holding Company ("Jinxin" or the "Company") (NASDAQ: NAMI), an innovative digital content service provider in China, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its ordinary shares (the "ADS Ratio Change") from one ADS representing 18 ordinary shares to one ADS representing 450 ordinary shares. For the Company's ADS holders, the ADS Ratio Change will have the same effect as a one-for-25 reverse ADS split. A post-effective amendment to the Registration Statement on Form F-6 will be filed with the U.S. Securities and Exchange Commission to reflect the ADS Ratio Change. The Company anticipates that the ADS Ratio Change will be effective on June 25, 2026, U.S. Eastern Time (the "Effective Date").Each ADS holder of record at the close of business on the Effective Date will be required to surrender and exchange every 25 existing ADSs then held for one new ADS. Deutsche Bank Trust Company Americas, as the depositary bank for the Company's ADS program, will arrange for the exchange of the current ADSs for the new ones. The Company's ADSs will continue to be traded on the Nasdaq Stock Market under the ticker symbol "NAMI."No fractional new ADSs will be issued in connection with the ADS Ratio Change. Instead, fractional entitlements to new ADSs will be aggregated and sold by the depositary bank and the net cash proceeds from the sale of the fractional ADS entitlements (after deduction of fees, taxes and expenses, where applicable) will be distributed to the applicable ADS holders by the depositary bank. The ADS Ratio Change will have no impact on the Company's underlying ordinary shares, and no ordinary shares will be issued or cancelled in connection with the ADS Ratio Change.As a result of the ADS Ratio Change, the trading price of the Company's ADSs is expected to increase proportionately upon the effectiveness of the ADS Ratio Change, although there can be no assurance that the ADS trading price after the ADS Ratio Change will be equal to or greater than 25 times the ADS trading price before the ADS Ratio Change.About Jinxin Technology Holding CompanyHeadquartered in Shanghai, China, Jinxin Technology Holding Company is an innovative provider of digital content and interactive communication services. Through its flagship platform Namibox, the Company delivers intelligent, engaging, and curriculum-aligned products powered by advanced AI, AR, and digital human technologies.Jinxin Technology works closely with China's leading textbook publishers and educational platforms, providing AI-generated digital content for primary and middle school students. Its distribution channels include:Namibox, the Company's flagship learning appTelecom and broadcast operatorsThird-party educational devicesFor more information, please visit the Company's website at https://ir.namibox.com. Safe Harbor StatementsThis announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "confident," "potential," "continue," or other similar expressions. Jinxin may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Jinxin's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the Securities and Exchange Commission. All information provided in this announcement is as of the date of this announcement, and the Company undertakes no obligation to update such information, except as required under applicable law.For Investor and Media Inquiries, Please Contact:Jinxin Technology Holding Company
Investor Relations Department
Email: ir@namibox.com View original content:https://www.prnewswire.com/news-releases/jinxin-technology-holding-company-announces-plan-to-implement-ads-ratio-change-302807497.htmlSOURCE Jinxin Technology Holding Company Original: Jinxin Technology Holding Company Announces Plan to Implement ADS Ratio Change
US Market News
3月前
NamiBox Expands into AI Educational Companion Devices with NAMI COMPANION Series, Introducing a New Growth Vector in Smart Learning HardwareMarch 27, 2026 7:05 AM
PR Newswire (US)
SHANGHAI, March 27, 2026 /PRNewswire/ -- NamiBox, the education technology brand of Nasdaq-listed Jinxin Technology Holding Company (Nasdaq: NAMI), today announced the launch of its AI-powered learning companions for K12 children—more than devices , branded the NAMI COMPANION Series, marking the Company's expansion into a new category of smart learning hardware.The NAMI COMPANION Series introduces a differentiate"More than companionship and Companionship to for"model, combining emotional engagement with structured educational content. Targeted at children aged 3 to 12, this product supports all scenarios for children, delivering constant companionship not only indoors via Wi-Fi but also outdoors with cellular connectivity, extending NamiBox's learning ecosystem beyond traditional screen-based formats. The initial product lineup will include Bululu and Damoon, two AI-powered companion figures developed to deliver personalised, interactive learning experiences.This expansion builds on the Company's recent launch of its AI learning glasses, NAMI INSIGHT Series, reinforcing its strategy to develop a multi-device, AI-driven learning ecosystem. Together, these offerings reflect NamiBox's transition from a digital content provider into a broader "content + hardware" platform, creating multiple touchpoints for user engagement and long-term value creation."We see AI transforming how learning is delivered and experienced," said Jin Xu, CEO of Jinxin Technology. "Our strategy is to integrate AI, content, and hardware into a unified platform, expanding user engagement while building sustainable, recurring value over time."At the product level, the NAMI COMPANION Series integrates a multimodal interaction system, enabling natural voice-based engagement and responsive interaction. Built on NamiBox's proprietary, curriculum-aligned content and AI capabilities, the devices support personalised learning experiences while maintaining a strong focus on usability and accessibility for younger users. The companion-based design aims to reduce friction in learning adoption, aligning with increasing demand for more engaging and intuitive educational tools.From a market perspective, the launch comes as the global smart education hardware sector continues to expand, driven by rising demand for personalised and immersive learning solutions. As AI becomes a core layer in education delivery, the market is shifting toward intelligent, engagement-driven learning models that improve learning outcomes and user retention. Industry data indicates that the AI-enabled education hardware market is expected to reach significant scale over the coming years, supported by both consumer adoption and institutional interest.Leveraging its established content ecosystem, user base, and data-driven insights, NamiBox is positioned to extend its platform into this adjacent hardware segment. The Company's approach integrates device distribution with AI-driven content and services, supporting a model that combines initial hardware sales with recurring, value-added offerings over time.Market observers note that the shift toward scenario-specific AI applications represents a key development in the broader EdTech landscape. By focusing on companion-based learning, NamiBox is targeting a high-frequency, high-engagement use case that has the potential to enhance user retention and deepen long-term monetisation pathways.The NAMI COMPANION Series is expected to launch in April of 2026. The introduction of this new product category is intended to expand NAMI's product portfolio, strengthen its position within the smart education ecosystem, and support the Company's continued growth trajectory in the evolving AI-driven education market.About Jinxin Technology Holding CompanyHeadquartered in Shanghai, China, Jinxin Technology Holding Company is an innovative provider of digital content and interactive communication services. Through its flagship platform NamiBox, the Company delivers intelligent, engaging, and curriculum-aligned products powered by advanced AI, AR, and digital human technologies.Jinxin Technology works closely with China's leading textbook publishers and educational platforms, providing AI-generated digital content for primary and middle school students. Its distribution channels include:NamiBox, the Company's flagship learning appTelecom and broadcast operatorsThird-party educational devicesFor more information, please visit https://ir.namibox.com. Safe Harbor StatementsThis announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "confident," "potential," "continue," or other similar expressions. Jinxin may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Jinxin's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the Securities and Exchange Commission. All information provided in this announcement is as of the date of this announcement, and the Company undertakes no obligation to update such information, except as required under applicable law.For Investor and Media Inquiries, Please Contact:Jinxin Technology Holding Company
Investor Relations Department
Email: ir@namibox.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/namibox-expands-into-ai-educational-companion-devices-with-nami-companion-series-introducing-a-new-growth-vector-in-smart-learning-hardware-302727133.htmlSOURCE Jinxin Technology Holding Company
Original: NamiBox Expands into AI Educational Companion Devices with NAMI COMPANION Series, Introducing a New Growth Vector in Smart Learning Hardware