Exhibit 99.1 CHIJET MOTOR COMPANY, INC. AND ITS SUBSIDIARIES CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2024 UNAUDITED IN U.S. DOLLARS INDEX Page | --- | --- | |----------------------------------------------------------------------------------------------|----------------| | | | | Condensed Interim Consolidated Balance Sheets | F-2 | | | | | Condensed Interim Consolidated Statements of Income | F-3 | | | | | Condensed Interim Consolidated Statements of Comprehensive Income | F-4 | | ...

NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (the "Company"), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles ("NEV"), today announced that it is in the process of issuing a total of 640,850 ordinary shares of par value US$0.003 (the "Ordinary Shares") to the holders of contingent value rights ("CVRs") on record as of September 13, 2024 (the "Qualifying CVR Holders") pro rata, ba ...

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (the "Company" or "Chijet"), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles ("NEV"), is pleased to announce that the Company's annual shareholder meeting was held on June 28, 2024. At the meeting, the Company's shareholders approved: (1) a reverse stock split (a "share consolidation" under Cayman Islands law) pursuant to which every 30 ...

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (the "Company" or "Chijet"), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles ("NEV"), is pleased to announce that the Company's annual shareholder meeting was held on June 28, 2024. At the meeting, the Company's shareholders approved: (1) a reverse stock split (a "share consolidation" under Cayman Islands law) pursuant to which every 30 ...

At present, the preparatory work has been doing successively. The primary business of Chijet Motor is the development, manufacture, sales, and service of traditional fuel vehicles and NEVs. State-of-the-art manufacturing systems and stable supply chain management enable the Company to provide consumers with products of high performance at reasonable prices. In addition to its large modern vehicle production base in Jilin, China, a factory in Yantai, China will be dedicated to NEV production upon completion ...

JILIN CITY, China, June 18, 2024 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (Nasdaq: CJET) (the "Company" or "Chijet"), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles ("NEV") in China announced that on June 7, The holding subsidiary FAW Jilin Automobile Co., Ltd. ("FAW JiLin") of Chijet Motor signed an intention agreement with the administration committee of Jilin National High-tech Industrial Development Zone and H ...

Chijet Motor Contact: 2888 Dongshan Street Gaoxin Automobile Industrial Park Jilin City, JL. P.R.China 0535-2766202 EMAIL: info@chijetmotors.com Investor Relations Contact: Skyline Corporate Communications Group, LLC 1177 Avenue of the Americas, 5th Floor New York, NY 10036 Office: (646) 893-5835 x2 Email: info@skylineccg.com Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act o ...

An Uzbekistan economic and trade team led by Sayyed Karimov visited FAW's production plant and learned about FAW's vehicle models, production process and production technology. Sayyed Karimov indicated that FAW's vehicle models are suitable for the market demand of Uzbekistan in terms of comfort, practicality and price, and he was confident to complete the 12,000-unit sales volume within three years. He was also optimistic about the cooperation with FAW. A photo accompanying this announcement is available a ...

JILIN CITY, China, June 14, 2024 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ:CJET) (the "Company" or "Chijet"), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles ("NEV") in China announced that on May 29, Chijet's majority-owned subsidiary FAW Jilin Automobile Co., Ltd. ("FAW") entered into a framework cooperation agreement with Sayyed Karimov, the economic governor of Tashkent Region of Uzbekistan, on behalf of ...

Chijet Motor (NASDAQ:CJET) stock is rising on Friday alongside heavy pre-market trading of the new energy vehicle company's shares. One thing traders will keep in mind is that CJET is a penny stock. This comes from its prior closing price of 29 cents per share and its market capitalization of $46.591 million. If that's the case, traders will want to be careful about taking a stake in Chijet Motor right now. While the stock is currently up, it might not stay that way for long amid volatility. More Stock Mark ...