New updates have been reported about Chijet Motor Company (PC:CHI6L)
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Chijet Motor Company, Inc. (NASDAQ: CJET) has announced a significant transformation, rebranding itself as Digital Currency X Technology Inc. This change, effective November 14, 2025, includes a new ticker symbol ‘DCX’ on the Nasdaq Capital Market. Shareholders approved this strategic shift during the annual general meeting on September 24, 2025, contingent upon the approval from the Cayman Islands Registrar of Companies. This rebranding aligns with the company’s broader strategic vision and involves a substantial 100-for-1 share consolidation previously announced on November 3, 2025.
The company’s primary focus remains on the development, manufacture, and sale of traditional and new energy vehicles, leveraging advanced manufacturing systems and robust supply chain management. With a major production base in Jilin, China, and a new facility in Yantai dedicated to new energy vehicles, the company is poised for growth in the evolving automotive market. Despite the name and ticker change, current securityholders are not required to take any action, and the company’s CUSIP number remains unchanged. Historical trading data may temporarily be found under the former name and ticker. This rebranding reflects Chijet’s commitment to adapting to market trends and positioning itself strategically for future opportunities in the automotive and technology sectors.