Odaily Planet Daily News: Jia Nan Technology received a written notification from the NASDAQ stock market on May 13, 2025, stating that the company does not comply with NASDAQ listing rule 5550(a)(2) because the closing price of its American Depositary Shares has been below $1.00 per share for the last 30 consecutive trading days. According to NASDAQ listing rule 5810(c)(3)(A), Jia Nan Technology is permitted to regain compliance with the minimum bid price requirement within a compliance period of 180 calendar days (i.e., by November 10, 2025), meaning that the closing price of its American Depositary Receipts must reach or exceed $1.00 per share for at least 10 consecutive trading days within the 180-calendar-day compliance period. It is reported that the NASDAQ notification does not have a direct impact on the company's securities listing or trading on NASDAQ. (PRNewswire)