Chijet MotorsCJET
CJET
About: Chijet Motor Co Inc is engaged in the development, manufacture, sales, and service of new energy vehicles (NEV), hybrid vehicles and traditional fuel vehicles in China. New energy vehicles refer to plug-in electric vehicles, including battery electric vehicles, plug-in hybrid (PHEV) electric vehicles, and fuel cell electric vehicles. Its passenger vehicles include small cars, sedans, and sports utility vehicles, or SUVs, and commercial vehicles include light trucks and vans. The company generates all of its revenue from PRC.
Employees: 1,389
0
Funds holding %
of 7,297 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more funds holding
Funds holding: 2 [Q4 2024] → 3 (+1) [Q1 2025]
0.47% less ownership
Funds ownership: 0.9% [Q4 2024] → 0.43% (-0.47%) [Q1 2025]
61% less capital invested
Capital invested by funds: $112K [Q4 2024] → $43.2K (-$68.5K) [Q1 2025]
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Research analyst outlook
We haven’t received any recent analyst ratings for CJET.
Financial journalist opinion
Neutral
Seeking Alpha
1 month ago
Crisis And Opportunity In Auto Makers
The auto industry is in distress but not extreme distress; stable companies with low valuations like Toyota, Honda, and Li Auto are likely to outperform. Despite recent selloffs, markets remain richly priced; value investing may now have a chance to redeem itself, especially in distressed industries. Established automakers face declining margins and sales, while newer EV manufacturers see rising sales but flat or negative profits.
Neutral
GlobeNewsWire
3 months ago
Chijet Motor Company Inc. Announces Receipt of Staff Delisting Determination from Nasdaq; Intends to Appeal
NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (the “Company” or “Chijet”), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (“NEV”) today announced that, on February 13, 2025, it received a Staff determination letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Global Market due to the Company's failure to regain compliance with: (1) the minimum $50 million market value of its listed securities requirement as set forth in Listing Rule 5450(b)(2)(A); and (ii) the minimum $15 million market value of its publicly held shares requirement as set forth in Listing Rule 5450(b)(2)(C). Pursuant to the Letter, unless the Company requests an appeal, trading of the Company's Common Stock will be suspended at the opening of business on February 25, 2025, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company's securities from listing and registration on The Nasdaq Global Market.
Neutral
GlobeNewsWire
8 months ago
Chijet Motor Company Inc. Announces Issuance of Ordinary Shares to Holders of Contingent Value Rights
NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (the “Company”), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (“NEV”), today announced that it is in the process of issuing a total of 640,850 ordinary shares of par value US$0.003 (the “Ordinary Shares”) to the holders of contingent value rights (“CVRs”) on record as of September 13, 2024 (the “Qualifying CVR Holders”) pro rata, based on their respective number of CVRs held. The record date for the Qualifying CVR Holders to receive such shares shall be September 13, 2024.
Neutral
GlobeNewsWire
11 months ago
Chijet Motor Company Announces 1-for-30 Reverse Stock Split
NEW YORK, July 03, 2024 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (the “Company” or “Chijet”), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (“NEV”), announces a 1-for-30 reverse split of its ordinary shares effective June 28, 2024. Beginning on July 8, 2024, the Company's ordinary shares will trade on Nasdaq on a split adjusted basis.
Neutral
GlobeNewsWire
11 months ago
Chijet Motor Company Annual General Meeting; Reverse Split Approved
Chijet Motor Company, Inc. (NASDAQ: CJET) (the “Company” or “Chijet”), a high-tech enterprise engaged in the development, manufacture, sales, and service o
Neutral
GlobeNewsWire
11 months ago
Chijet Motor Initiates Business of Automobile Culture Tourism
on June 7, The holding subsidiary FAW Jilin Automobile Co., Ltd. (“FAW JiLin”) of Chijet Motor signed an intention agreement with the administration commit
Neutral
GlobeNewsWire
1 year ago
Chijet Motor Company, Inc.'s Subsidiary Entered Into Framework Cooperation Agreement with Uzbekistan Customer
on May 29, Chijet's majority-owned subsidiary FAW Jilin Automobile Co., Ltd. (“FAW”) entered into a framework cooperation agreement with Sayyed Karimov, th
Positive
InvestorPlace
1 year ago
Why Is Chijet Motor (CJET) Stock Up 21% Today?
Chijet Motor (NASDAQ: CJET ) stock is rising on Friday alongside heavy pre-market trading of the new energy vehicle company's shares. This has more than 8 million shares of CJET stock trading hands as of this writing.
Neutral
GlobeNewsWire
1 year ago
Shenzhen Futian District Investment Promotion Team Visits Chijet Motor Company, Inc.
YANTAI CITY, China, May 28, 2024 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc.(Nasdaq: CJET) (the “Company” or “Chijet Motor”), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (“NEV”) in China, on May 22, the Investment Promotion Team from Fubao Street, Futian District, Shenzhen, visited Shandong Baoya New Energy Vehicle Co., Ltd., the subsidiary of Chijet Motor located in Yantai City, Shandong Province.
Neutral
GlobeNewsWire
1 year ago
Chijet Motor Company, Inc. Announces Receipt of Nasdaq Notice of Deficiency Resulting from Resignation of Director
YANTAI, China, March 21, 2024 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (Nasdaq: CJET) (the “Company” or “Chijet”), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (“NEV”) in China, today announced today announced that it received a deficiency notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) on March 20, 2024. The deficiency cited by Nasdaq was due to the resignation of Mr.
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