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Lixiang Education regains Nasdaq compliance

Lixiang Education (LXEH) Holding Co. announced that on May 21, it received a letter from the Listing Qualification Department of Nasdaq Stock Market notifying the company that for the last 10 consecutive business days, from May 7 to May 20, the closing bid price of the company’s American Depositary Shares has been at $1.00 per share or greater. Accordingly, the company has regained compliance with Listing Rule 5450(a)(1), and this matter is now closed.

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