Guangdong, China, Dec. 22, 2025 — Wing Yip Food Holdings Group Limited (the “Company” or “Wing Yip”) (Nasdaq: WYHG), a meat product processing company in mainland China, today announced that it received a written notice (the “Notification Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) on December 22, 2025, informing the Company that it fails to meet the minimum bid price requirement stipulated in the Nasdaq Listing Rules for continued listing.
Nasdaq Listing Rule 5550(a)(2) mandates that listed securities maintain a minimum bid price of US$1.00 per share, while Nasdaq Listing Rule 5810(c)(3)(A) states that non-compliance with the minimum bid price requirement occurs if the shortfall persists for 30 consecutive business days. According to the closing bid price of the Company’s American Depositary Shares (“ADSs”) during the 30 consecutive business days from November 7, 2025, to December 19, 2025, the Company now fails to satisfy the minimum bid price requirement.
The Notification Letter currently does not affect the Company’s listing on the Nasdaq Capital Market. Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted 180 calendar days, or until June 22, 2026, to restore compliance with Nasdaq Listing Rule 5550(a)(2). To achieve compliance, the Company’s ADSs must maintain a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days. Should the Company fail to regain compliance by June 22, 2026, it may qualify for an extension to restore compliance or could be subject to delisting.
The receipt of the Notification Letter has no impact on the Company’s business operations. The Company plans to track the closing bid price of its ADSs and may, if deemed suitable, evaluate available alternatives, including, but not limited to, executing a reverse share split of its outstanding ADSs, to restore compliance with the minimum bid price requirement under the Nasdaq Listing Rules.
About Wing Yip Food Holdings Group Limited
Wing Yip Food Holdings Group Limited is a meat product processing company in mainland China. Through its operating subsidiaries, the Company sells and markets products under its flagship brand “Wing Yip,” which dates back to 1915, and has also created the snack brands “Jiangwang” and “Kuangke.” The Company’s products are distributed through its self-operated stores, distributors, and e-commerce platforms across more than 18 provinces in mainland China. The Company provides cured meat products, snack products, and frozen meat products, all processed through its own specialized production lines. The Company emphasizes product development and is dedicated to enhancing product quality and broadening its product portfolio to meet changing consumer preferences. The Company’s ordinary shares have been traded on the Korea Securities Dealers Automated Quotations of the Korea Exchange since 2018.
For further details, please visit the Company’s website: . Information on the Company’s website is not part of and is not incorporated by reference into this press release.
Forward-Looking Statements
Certain statements in this press release constitute forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections regarding future events that could impact its financial condition, operational results, business strategy, and financial requirements. Investors can identify many (though not all) of these statements through words such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue,” or similar expressions in this press release. The Company assumes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as required by law. While the Company believes the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee that such expectations will prove accurate, and the Company warns investors that actual results may vary significantly from projected results and urges investors to examine other factors that may influence its future performance in the Company’s registration statements and other filings with the United States Securities and Exchange Commission.
For more information, please contact:
Wing Yip Food Holdings Group Limited
Investor Relations Department
Email:
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email:
