Core Viewpoint - Hongli Group Inc. has regained compliance with Nasdaq's minimum bid price requirement, allowing it to continue its listing on The Nasdaq Capital Market [1][2]. Group 1: Compliance with Nasdaq Requirements - On October 3, 2025, Hongli Group received a notification from Nasdaq confirming compliance with the minimum bid price requirement of $1.00 per share, as the company's ordinary shares traded at or above this price for 12 consecutive business days from September 16 to October 1, 2025 [1]. - The company had previously received a deficiency letter on July 10, 2025, indicating non-compliance based on the closing bid price over a 30-day period from May 27 to July 9, 2025 [2]. - The company was granted a compliance period of 180 calendar days from the date of the deficiency letter, with the deadline set for January 6, 2026, to regain compliance [2]. Group 2: 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, known as the Hongli Operating Group [3]. - The Hongli Operating Group specializes in manufacturing cold roll formed steel profiles for various sectors, including mining, construction, agriculture, and transportation, with over 20 years of operational history [3]. - The company operates 11 cold roll forming production lines and has established a customer base in over 30 major cities in China, as well as a global network that includes South Korea, Japan, the U.S., and Sweden [3].

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].