 BEIJING, Aug. 19, 2021 PRNewswire -- Puxin Limited NYSE: NEW Puxin or the Company, a successful consolidator of the after-school education industry in China, today announced that, it has received a notice the Notice from the New York Stock Exchange the NYSE dated August 18, 2021, notifying Puxin that it is below compliance criteria in connection with the performance of trading price of Puxins American depositary shares the ADSs. Pursuant to Section 802.01C of the NYSEs Listed Company Manual, a company will be considered to be below compliance criteria if the average closing price of its security is less than US1.00 over a consecutive 30 trading-day period. 