Haoxin Holdings Receives Nasdaq Non-Compliance Notice
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2025
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Haoxin Holdings announced that it received a notification letter from Nasdaq notifying the company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550. The notification was issued because the closing bid price of the company's Class A ordinary shares was below $1.00 per share for 31 consecutive business days, from October 30 to December 12. This press release is issued pursuant to Nasdaq Listing Rule 5810, which requires prompt disclosure of receipt of a deficiency notification.
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About HXHX
Haoxin Holdings Ltd is a holding company principally engaged in providing temperature-controlled truckload service and urban delivery services. The Company provides transportation services with large and medium-sized temperature-controlled logistics transportation vehicles, and charge its customers based on mileage. The Company also provides urban delivery services with medium-sized vans to customers who have short-distance, intra-city delivery needs. The Company's cargo transportation focuses on factory logistics, which include electronic devices, chemicals, fruit, food and commercial goods. The Company operates a truckload fleet with 88 tractors, 94 trailers and 46 vans. The Company mainly operates its businesses in the domestic market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
