Zhihu receives noncompliance notification from NYSE

Zhihu announced that it has received a letter from the New York Stock Exchange, notifying the company that it is below compliance standards due to the trading price of Zhihu’s American depositary shares. The notice has no immediate impact on the listing of the company’s ADSs, which will continue to be listed and traded on the NYSE, subject to the company’s compliance with other listing standards and other rights of the NYSE to delist the ADSs. The NYSE notification does not affect the company’s business operations, its U.S. Securities and Exchange Commission reporting requirements, or contractual obligations.