CCSC Technology International Holdings Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Core Viewpoint - CCSC Technology International Holdings Limited has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market [1][2]. Group 1: Compliance Notification - The company was notified on December 17, 2025, that it does not meet the minimum bid price requirement of US$1.00 per share, as its Class A ordinary shares' closing bid price fell below this threshold for 30 consecutive business days from November 4, 2025, to December 16, 2025 [1][2]. - The company has until June 15, 2026, to regain compliance by ensuring its Class A ordinary shares have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days [3]. Group 2: Business Operations - The receipt of the Notification Letter does not impact the company's business operations, and it intends to monitor the closing bid price of its shares [3][4]. - The company may consider options such as implementing a reverse share split to regain compliance with the minimum bid price requirement [4]. Group 3: Company Overview - CCSC Technology International Holdings Limited is based in Hong Kong and specializes in the sale, design, and manufacturing of interconnect products, including connectors, cables, and wire harnesses [5]. - The company serves a diversified global customer base across more than 25 countries in various industries, including industrial, automotive, robotics, medical equipment, and telecommunications [5].