New York, Nov. 18, 2025 — CHIJET MOTOR COMPANY, INC. (NASDAQ: CJET) (the “Company”) announced today that it has received a notification letter (the “Compliance Notice”) from The Nasdaq Stock Market LLC’s (“Nasdaq”) Listing Qualifications Department, dated November 17, 2025. This notice confirmed that the Company has regained compliance with the minimum bid price requirement outlined in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).
As previously disclosed, on October 15, 2025, Nasdaq had informed the Company that its ordinary shares had failed to maintain a minimum bid price of US$1.00 for the preceding 30 consecutive business days.
According to the Compliance Notice, the Company successfully re-met the Minimum Bid Price Requirement because the closing bid price of its ordinary shares remained at or above US$1.00 per share for 10 consecutive business days, spanning from November 3, 2025, to November 14, 2025. Consequently, the matter is now considered resolved.
About the Company
The Company primarily engages in the development, manufacturing, sales, and servicing of both traditional fuel vehicles and new energy vehicles. Utilizing advanced manufacturing systems and robust supply chain management, the Company delivers high-performance products to consumers at competitive prices. In addition to its substantial modern vehicle production facility in Jilin, China, a new factory in Yantai, China, is slated to exclusively produce new energy vehicles once its construction is completed. The Company’s management team comprises seasoned industry professionals with extensive experience across engineering, design, management, financing, industrial production, and financial oversight. Further information about the Company is available by visiting .
Forward-Looking Statements
This press release incorporates forward-looking statements as defined under Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, crafted in adherence to the ‘safe harbor’ provisions of the Private Securities Litigation Reform Act of 1995. These statements, which articulate the Company’s expectations regarding its future financial and operational performance, use terms such as ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘target,’ ‘aim,’ ‘predict,’ ‘outlook,’ ‘seek,’ ‘goal,’ ‘objective,’ ‘assume,’ ‘contemplate,’ ‘continue,’ ‘positioned,’ ‘forecast,’ ‘likely,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately,’ and analogous expressions to convey the inherent uncertainty of future occurrences or outcomes. Such forward-looking statements are grounded in the Company’s current expectations, assumptions, and projections, encompassing assessments of future economic conditions, competitive landscapes, market dynamics, and business decisions. Many of these factors are inherently difficult to forecast with precision and largely fall outside the Company’s control. Furthermore, these statements are subject to a multitude of known and unknown risks, uncertainties, and other variables that could cause the Company’s actual results to significantly diverge from those presented in any forward-looking statement. These influencing factors include, but are not limited to, fluctuations in economic conditions, competitive pressures, and regulatory amendments. Given these and other risks, uncertainties, and assumptions, undue reliance should not be placed on these forward-looking statements. Moreover, these statements are valid only as of the date of this press release, and the Company assumes no obligation to publicly revise or update any forward-looking statements for any reason, except as may be mandated by law.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email:
