Best inc. regains compliance with nyse continued listing standards

Hangzhou, china , june 9, 2022 /prnewswire/ -- best inc. (nyse: best) ("best" or the "company"), a leading integrated smart supply chain solutions and logistics services provider in china, today announced that it has received a letter from the new york stock exchange (the "nyse"), dated june 2, 2022, notifying the company that it has regained compliance with the nyse's continued listing standards. on january 5, 2022, the nyse notified the company that it was not in compliance with the nyse's continued listing standards because, as of january 4, 2022, the average closing price of the company's american depositary shares (the "adss") was less than us$1.00 per ads over a consecutive 30 trading-day period.
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