Chijet Motor Company, Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement

Core Points - CHIJET MOTOR COMPANY, INC. has regained compliance with Nasdaq's minimum bid price requirement after its ordinary shares closed at or above US$1.00 for 10 consecutive business days from November 3 to November 14, 2025 [1][3] - The company was previously notified on October 15, 2025, that it had failed to maintain the minimum bid price of US$1.00 over the prior 30 consecutive business days [2] Company Overview - CHIJET MOTOR COMPANY, INC. focuses on the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles, supported by advanced manufacturing systems and stable supply chain management [4] - The company operates a large modern vehicle production base in Jilin, China, and is constructing a factory in Yantai, China, dedicated to new energy vehicle production [4] - The management team consists of industry veterans with extensive experience in engineering, design, management, financing, industrial production, and financial management [4]