Wu said that Jianan Technology has received a notice from NASDAQ stating that the closing price of its American Depositary Shares (ADS) has been below $1.00 per share for 30 consecutive trading days, which does not meet the minimum bid requirement of NASDAQ Listing Rules 5550 (a) (2). The company has a grace period of 180 calendar days (up to November 12, 2025) to restore compliance by allowing the closing price of its ADS to reach or exceed within any 10 consecutive trading days