Qudian Inc. (“Qudian” or the “Company”) (NYSE:QD), a consumer-oriented technology company in China, today announced that the Company has regained compliance with the New York Stock Exchange’s (“NYSE”) continued listing standard for share prices as confirmed by a notification letter from the NYSE on February 1, 2023.
On September 22, 2022, the NYSE notified the Company of its non-compliance with the exchange’s continued listing standards because the average closing price of its American depositary shares (“ADSs”) had fallen below $1.00 over a period of 30 consecutive trading days.