Lucas GC Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement

Core Viewpoint - Lucas GC Limited has regained compliance with Nasdaq's minimum bid price requirement after its ordinary shares closed at or above US$1.00 for 20 consecutive business days [1][3]. Group 1: Compliance Notification - The company received a Compliance Notice from Nasdaq on July 21, 2025, confirming it has met the minimum bid price requirement [1]. - Previously, on January 15, 2025, Nasdaq notified the company that its ordinary shares had failed to maintain a minimum bid price of US$1.00 over the previous 30 consecutive business days [2]. - The compliance was achieved as the closing bid price was at US$1.00 or greater from June 20, 2025, to July 18, 2025 [3]. Group 2: Company Overview - Lucas GC Limited is an AI technology-driven Platform-as-a-Service (PaaS) company with applications in human resources, insurance, and wealth management [1][4]. - The company holds 19 granted U.S. and Chinese patents and over 75 registered software copyrights in AI, data analytics, and blockchain technologies [4]. - The platform has over 780,320 agents working on it, indicating significant operational scale [4].