Core Viewpoint - Hongli Group Inc. has received a deficiency letter from Nasdaq regarding non-compliance with the minimum bid price requirement for its ordinary shares, which must be at least $1.00 per share for continued listing on The Nasdaq Capital Market [1][2]. Compliance Status - The deficiency notice does not immediately affect the listing status of the ordinary shares, and the company has a compliance period of 180 calendar days, until January 6, 2026, to regain compliance [2][3]. - If the closing bid price reaches or exceeds $1.00 for at least 10 consecutive business days before the deadline, the company will be notified of compliance [2]. - The company may consider a reverse stock split to regain compliance, which must be completed no later than ten business days prior to January 6, 2026 [2][3]. Company Overview - Hongli Group Inc. is a Cayman Islands holding company that consolidates the financial results of Shandong Hongli Special Section Tube Co., Ltd. and its subsidiaries, which are leading manufacturers of cold roll formed steel profiles in China [4]. - The company has over 20 years of operating history and serves customers in more than 30 major cities in China, as well as internationally in South Korea, Japan, the U.S., and Sweden [4]. - Hongli Operating Group operates 11 cold roll forming production lines and produces a variety of profile products across different materials, sizes, and shapes [4].