Chijet Motor implements 100-to-1 share consolidation on November 3

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Chijet Announces Effective Date of Share Consolidation

October 29, 2025 12:12 PM EDT

New York, Oct. 29, 2025 (GLOBE NEWSWIRE) -- CHIJET MOTOR COMPANY, INC. (NASDAQ: CJET) (Chijet or the Company) today announced that it will effect a one hundred (100)-for-one (1) share consolidation of its issued and unissued ordinary shares, par value US$0.3 per share on November 3, 2025.

On September 24, 2025, the Companys shareholders voted and approved at the annual general meeting (1) that the Company shall undertake an up to 100 for 1 share consolidation of the issued and unissued shares of the Company (the Range), such that (i) every up to one... More