Fanhua ( (AIFU) ) has issued an announcement.
On February 25, 2025, AIX Inc. announced it received a notification from Nasdaq indicating that its American depositary shares had fallen below the minimum bid price requirement of $1.00 per share for 30 consecutive business days. The company has been given a 180-day compliance period until August 25, 2025, to rectify this issue. If compliance is not achieved, AIX may qualify for an additional 180-day period, provided it meets other listing standards. The notification does not affect AIX’s business operations, and the company is taking measures to regain compliance.
More about Fanhua
AIX Inc., established in 1998, is a leading intelligent technology-driven independent financial services provider in China. The company offers insurance protection, wealth management, and value-added services to 400 million middle-class families and provides technical support and comprehensive solutions to independent financial advisors and various insurance/financial sales organizations. AIX is recognized for its use of AI-driven insights and cutting-edge digital tools, positioning itself as a leader in intelligent transformation within the financial services industry.
YTD Price Performance: -69.30%
Average Trading Volume: 801,103
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $20.03M
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