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Chijet Motor Company ( (CJET) ) has issued an announcement.
On January 10, 2025, Chijet Motor Company held its Extraordinary General Meeting, where shareholders approved a reclassification of its share capital into class A and class B ordinary shares, maintaining the total authorized capital at US$30,000,000. This move signifies a strategic restructuring of its equity framework. Additionally, on January 13, 2025, two directors, Ms. Ying Liu and Ms. Huimin Li, resigned from their positions, including roles on the Audit Committee, with no disputes regarding company operations. The board is actively seeking replacements to fill these vacancies.
More about Chijet Motor Company
Chijet Motor Company, Inc. is based in Yantai, Shandong, China, and operates in the automotive industry. The company focuses on the manufacturing and distribution of motor vehicles and related products.
YTD Price Performance: -22.69%
Average Trading Volume: 31,698
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $9.4M
Learn more about CJET stock on TipRanks’ Stock Analysis page.
