New York, Nov. 26, 2025 (GLOBE NEWSWIRE) -- CHIJET MOTOR COMPANY, INC. (NASDAQ: CJET) (“Chijet” or the “Company”), a global automotive technology enterprise, today announced that its digital asset treasury holdings have surpassed $400 million in value. The Company has acquired 100 million tokens as part of its strategic digital asset initiative announced earlier this month, with current holdings valued at over $400 million. “Reaching $400 million in digital asset treasury value represents an important miles ...

NEW YORK, Nov. 24, 2025 (GLOBE NEWSWIRE) -- CHIJET MOTOR COMPANY, INC. (NASDAQ: CJET) (the “Company”), today announced that it has entered into securities purchase agreements with certain investors for the purchase and sale of an aggregate of 8,461,530 of the Company’s class A ordinary shares (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $1.30 per share in a registered direct offering. The aggregate gross proceeds to the Company are expected to be approximately $11.0 million ...

Core Viewpoint - Chijet Motor Company has signed a definitive agreement to acquire up to $1 billion in EdgeAI tokens at a 20% discount, enhancing its position in the digital asset space and providing immediate economic benefits [1][5]. Group 1: Agreement Details - The agreement is expected to generate approximately $200 million in upfront value for Chijet compared to current market rates [2]. - Chijet will act as a validator node on the EdgeAI blockchain network, allowing the company to earn staking rewards and generate recurring revenue [3]. - The partnership has an initial term of five years, with all activities conducted in compliance with internal governance policies and regulatory requirements [4]. Group 2: Strategic Implications - The acquisition of digital assets is seen as a way to diversify Chijet's portfolio and bridge traditional manufacturing with the digital economy [5]. - EdgeAI will serve as the primary advisor on digital assets, providing expertise in token acquisition strategies and treasury management [2]. Group 3: Company Background - Chijet specializes in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles, with a focus on high performance and reasonable pricing [7]. - The company has a modern vehicle production base in Jilin, China, and is constructing a factory in Yantai dedicated to new energy vehicle production [7].

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]

14 November 2025 | 6:00PM HKT Economics Research China Economic Activity and Policy Tracker: November 14 In this note, we update four sets of high-frequency indicators that we track: 1) consumption and mobility; 2) production and investment; 3) other macro activity; and 4) markets and policy. We publish our tracker on a bi-weekly basis. Chelsea Song +852-2978-0106 | chelsea.song@gs.com Goldman Sachs (Asia) L.L.C. 1) Consumption and mobility Exhibit 1: 30-city daily property transaction volume in the primary ...

Group 1 - The Company announced that its Class A ordinary shares will begin trading under the new name "Digital Currency X Technology Inc." and the new ticker symbol "DCX" on the Nasdaq Capital Market, effective November 14, 2025, although there will be a delay in the official name change due to regulatory procedures [1] - The Company specializes in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles, supported by advanced manufacturing systems and stable supply chain management [2] - The Company has a significant production base in Jilin, China, and is constructing a factory in Yantai, China, dedicated to new energy vehicle production [2] Group 2 - The management team of the Company consists of industry veterans with extensive experience in various fields including engineering, design, management, financing, industrial production, and financial management [2]

内蒙古自治区人民政府办公厅印发《全面推进美丽内蒙古建设筑牢我国北方重要生态安全屏障规划纲要 （2025—2035年）》，其中提出，大力发展绿色交通。大力提高城市公交、出租（含网约车）、环卫、 城市物流配送、邮政快递、民航机场以及党政机关公务领域等新能源汽车应用占比，加快推进充电桩、 换电站等基础设施建设，呼和浩特市、包头市、乌兰察布市、鄂尔多斯市等重点地区新增或更新公交车 辆中新能源汽车占比不低于95%。 到2027年，新增汽车（不含货车）中新能源汽车占比达到35%。巩固呼和浩特市、乌海市国家"公交都 市"创建成果，加强公交换乘枢纽、公交场站、公交专用道等基础设施建设。丰富街巷串联步行空间和 沿线景观，加强行人步道和自行车专用道等城市慢行系统建设。 ...

Company Overview - CHIJET MOTOR COMPANY, INC. will change its name to "Digital Currency X Technology Inc." and its ticker symbol to "DCX" effective November 14, 2025 [1] - The company specializes in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles, with a focus on high performance at reasonable prices [3] - 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 [3] Corporate Actions - The name change and ticker symbol change were approved by shareholders on September 24, 2025, and are subject to the approval of the Cayman Registrar [1] - A one hundred (100)-for-one (1) share consolidation of the company's issued and unissued ordinary shares will also take place [1] - Current securityholders do not need to take any action regarding the name and ticker symbol change, and the CUSIP number will remain unchanged [2]

Group 1: Market Overview - In the period from September 1 to 27, 2025, the national retail sales of passenger cars reached 1.776 million units, showing a year-on-year growth of 0% and a month-on-month increase of 12% [1] - Cumulative retail sales for the year reached 16.54 million units, reflecting an 8% year-on-year increase [1] - For the same period, wholesale sales of passenger cars amounted to 2.103 million units, with a year-on-year growth of 1% and a month-on-month increase of 16% [1] Group 2: New Energy Vehicles - Retail sales of new energy vehicles from September 1 to 27 reached 1.039 million units, marking a 9% year-on-year increase and a 17% month-on-month increase [1] - The penetration rate of new energy vehicle retail sales was 58.5%, with cumulative retail sales for the year at 8.609 million units, a 24% year-on-year growth [1] - Wholesale sales of new energy vehicles during the same period were 1.154 million units, reflecting a 12% year-on-year increase and a 21% month-on-month increase [1] Group 3: Sales Trends - The first week of September saw an average daily retail of 43,885 units, a 10% year-on-year decline [3] - The second week recorded an average daily retail of 48,652 units, showing a 1% year-on-year increase [3] - The third week had an average daily retail of 59,236 units, with a 9% year-on-year growth [4] Group 4: Wholesale Trends - The first week of September had an average daily wholesale of 44,984 units, a 5% year-on-year decline [8] - The second week recorded an average daily wholesale of 67,580 units, a 1% year-on-year decline [8] - The fourth week saw an average daily wholesale of 132,397 units, reflecting a 2% year-on-year increase [8] Group 5: Export Performance - In August 2025, China exported 764,000 vehicles, a 25% year-on-year increase, with cumulative exports from January to August reaching 4.94 million units, a 21% year-on-year growth [4] - The top ten countries for vehicle exports included Russia, UAE, and Mexico, with significant increases in exports to Australia and Algeria [10] - The export of new energy vehicles showed strong performance, particularly in markets like Belgium and the Philippines [12] Group 6: Market Dynamics - The introduction of new models at the Chengdu Auto Show has led to increased sales, although the overall contribution of new models has been below expectations due to a lack of entry-level popular models [5] - The traditional peak season of "Golden September and Silver October" is expected to boost sales, aided by national and local subsidies [6] - The market is experiencing a shift towards larger family vehicles, driven by changing family structures and increased demand for comfort and space [13]

Core Viewpoint - Ford Motor is establishing a wholly-owned subsidiary in China to enhance its sales, marketing, and aftersales operations, aiming to improve customer experience and expand its product portfolio, particularly in new energy vehicles [1][3]. Group 1: Subsidiary Establishment - The new subsidiary will be located in Shanghai and is set to begin operations in early October [2]. - It will manage Ford's passenger and light commercial vehicle post-production business, consolidating marketing, sales, and service activities under one management structure [2]. Group 2: Strategic Goals - Ford aims to build a vibrant and sustainable retail and service network in China as part of its global brand upgrade strategy [3]. - The company plans to enhance the customer experience in both sales and aftersales, with a strong focus on expanding its product offerings in new energy vehicles (NEVs) [3]. Group 3: Leadership - The new subsidiary will be led by Chen Xiaobo, who has prior experience in senior sales and marketing roles at Changan Ford and Renault China, reporting directly to Ford China's CEO Wu Shengbo [4].