June 10, 2021

Citi Appointed Depositary Bank for Zhangmen Education Inc.’s Sponsored ADS Program

NEW YORK–(BUSINESS WIRE)–Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Zhangmen Education Inc. (“Zhangmen”), a leading online education company in China focused on providing personalized online courses to students between the ages of 3 and 18, as the depositary bank for its American Depositary Shares (ADS) program. Zhangmen’s program was established in connection with an approximately $48 million initial public offering of its ADSs (inclusive of the over-allotme

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