Lixiang Education Holding Co., Ltd. Regains Compliance with Nasdaq Minimum Bid Price Requirement

Lixiang Education Holding Co., Ltd. announced that it has regained compliance with the Nasdaq minimum bid price requirement. The company received a letter from Nasdaq on May 21, 2026, stating that the closing bid price of its American Depositary Shares had been at or above $1.00 for 10 consecutive business days from May 7 to May 20, 2026. The company had previously been notified of non-compliance on November 18, 2025, and was given until May 18, 2026, to regain compliance. To aid in this, the company executed a 1-for-10 reverse stock split effective April 20, 2026. Lixiang Education is a private education service provider in Zhejiang Province, China, focused on student development.