New York, Nov. 13, 2025 — CHIJET MOTOR COMPANY, INC. (NASDAQ: CJET) (referred to herein as the “Company”) announced today that its Class A ordinary shares are scheduled to commence trading on the Nasdaq Capital Market under the new corporate identity, “Digital Currency X Technology Inc.,” and with the new ticker symbol “DCX,” effective with the market open on November 14, 2025.
The Company’s shareholders previously voted to approve the change of the Company’s name from “CHIJET MOTOR COMPANY, INC.” to “Digital Currency X Technology Inc.” at their annual general meeting on September 24, 2025. This change was contingent upon receiving approval from the Registrar of Companies in the Cayman Islands (the “Cayman Registrar”) and will take effect on the date the Cayman Registrar issues the certificate of incorporation confirming the name change (the “Change of Name”). Following the implementation of both (i) the Change of Name and (ii) the Company’s previously disclosed one hundred (100)-for-one (1) share consolidation of its issued and unissued ordinary shares, announced on November 3, 2025, the Company’s Second Amended and Restated Memorandum and Articles of Association will be entirely replaced by the Third Amended and Restated Memorandum and Articles of Association.
Shareholders are advised that no action is necessary on their part in relation to these changes, and the Company’s CUSIP number will remain unaltered.
It is anticipated that historical trading data for the Company’s shares predating November 14, 2025, may not immediately appear under “Digital Currency X Technology Inc.” or “DCX” on all third-party trading platforms and applications. During this transitional period, such data may still be accessible by searching for “CHIJET MOTOR COMPANY, INC.” or “CJET.”
About the Company
The Company is primarily engaged in the development, manufacturing, sales, and servicing of both traditional internal combustion engine vehicles and new energy vehicles. Through advanced manufacturing processes and robust supply chain management, the Company delivers high-performance products at competitive prices to consumers. Beyond its established large-scale vehicle production facility in Jilin, China, the Company is developing a dedicated new energy vehicle (NEV) production plant in Yantai, China, which will commence operations upon completion. The management team consists of seasoned industry professionals with extensive experience spanning engineering, design, general management, corporate finance, industrial production, and financial oversight. For more information, please visit .
Forward-Looking Statements
This press release includes forward-looking statements as defined by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, formulated under the ‘safe harbor’ provisions of the Private Securities Litigation Reform Act of 1995. These statements represent the Company’s expectations regarding future financial and operational results and often contain words such as ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘target,’ ‘aim,’ ‘predict,’ ‘outlook,’ ‘seek,’ ‘goal,’ ‘objective,’ ‘assume,’ ‘contemplate,’ ‘continue,’ ‘positioned,’ ‘forecast,’ ‘likely,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately,’ and similar expressions, signifying the inherent uncertainty of future events or outcomes. Such forward-looking statements are grounded in the Company’s current expectations, assumptions, and projections, which involve assessments of future economic conditions, competitive landscapes, market dynamics, and strategic business decisions, many of which are inherently difficult to predict accurately and are largely outside the Company’s influence. Furthermore, these statements are subject to a multitude of known and unknown risks, uncertainties, and other factors that could cause the Company’s actual results to differ materially from those expressed in any forward-looking statement. These factors encompass, but are not limited to, fluctuations in economic conditions, competitive pressures, and changes in regulatory frameworks. Given these and other risks, uncertainties, and assumptions, readers are cautioned not to place undue reliance on these forward-looking statements. Additionally, these statements are valid only as of the date of this press release, and the Company disclaims any obligation to publicly revise or update any forward-looking statements for any reason, except as mandated by law.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email:
