Lixiang education received notice of failure to satisfy continued listing rule

Lishui, china, sept. 04, 2024 (globe newswire) --  lixiang education holding co., ltd. (the “company” or nasdaq: lxeh), a prestigious private education service provider in china, today announced that it received a written notice (the “notice”) from the listing qualifications department of the nasdaq global market on august 29, 2024 indicating that the company was not in compliance with listing rule 5450(b)(1)(c)(the “minimum market value of publicly held shares rule”), which requires the company to maintain a minimum market value of publicly held shares of us$5 million for continued listing on the nasdaq global market.
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