New York, Nov. 14, 2025 — CHIJET MOTOR COMPANY, INC. (NASDAQ: CJET) (hereinafter referred to as “the Company”) is issuing an update concerning its announcement made on November 13, 2025. In that prior communication, the Company indicated that, effective at the start of trading on November 14, 2025, its Class A ordinary shares would commence trading on the Nasdaq Capital Market under the new corporate identity “Digital Currency X Technology Inc.” and a new ticker symbol “DCX.” However, due to specific regulatory procedural considerations, there will be a postponement in the effective date for the Company’s official name change and the introduction of its new ticker symbol. Consequently, the Company’s Class A ordinary shares will continue to be traded under its current name, “CHIJET MOTOR COMPANY, INC.,” and its existing ticker symbol, “CJET,” until the pertinent regulatory processes are finalized. The revised effective date for the official name change and new ticker symbol will be disclosed as soon as it has been determined.
About the Company
The Company’s core business involves the design, manufacturing, sales, and servicing of both traditional internal combustion vehicles and new energy vehicles. Through cutting-edge manufacturing processes and robust supply chain management, the Company is able to offer high-performance products to consumers at competitive prices. In addition to its large, modern vehicle manufacturing facility located in Jilin, China, a new factory specifically for new energy vehicle production is under construction in Yantai, China, and will become operational upon its completion. The Company is led by a management team composed of industry veterans, each possessing decades of expertise in areas such as engineering and design, corporate management, fundraising, industrial operations, and financial administration. For more comprehensive information about the Company, please visit www.chijetmotors.com.
Forward-Looking Statements
This press release incorporates forward-looking statements as defined under Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, crafted in adherence to the ‘safe harbor’ provisions of the Private Securities Litigation Reform Act of 1995. These declarations, which represent the Company’s expectations regarding its future financial and operational performance, utilize phrases 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 to convey the inherent uncertainty of future occurrences or outcomes. These forward-looking statements are grounded in the Company’s prevailing expectations, presumptions, and forecasts, involving judgments about forthcoming economic conditions, competitive landscapes, market dynamics, and business decisions, many of which are intrinsically challenging to predict accurately and are largely beyond the Company’s control. Furthermore, these statements are subject to a multitude of known and unknown risks, uncertainties, and other variables that could cause the Company’s actual results to diverge significantly from those portrayed in any forward-looking statement. Such factors include, but are not limited to, fluctuating economic conditions, competitive pressures, and evolving regulatory frameworks. Due to these and other risks, uncertainties, and assumptions, readers should not place undue reliance on these forward-looking statements. Moreover, these statements are valid only as of the date of this press release and, unless legally mandated, the Company assumes no obligation to publicly revise or update any forward-looking statements for any reason.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email:
