China Auto Logistics Has Regained Compliance With NASDAQ Minimum Bid Price Listing Requirement TIANJIN, CHINA -- (Marketwire) -- 11/05/12 -- China Auto Logistics Inc. (the "Company") (NASDAQ: CALI), one of China's leading developers of websites for buyers and sellers of imported and domestic automobiles, a top seller in China of imported luxury cars, and a leading provider of auto-related services, today announced receipt of a letter from The NASDAQ Stock Market notifying the Company that it has regained compliance with NASDAQ's minimum bid price continued listing requirement, as a result of the closing bid price of its common stock having been at or above the minimum requirement of $1.00 per share for at least 10 consecutive trading days. About China Auto Logistics Inc. China Auto Logistics Inc. is one of China's top sellers of imported luxury vehicles, and also manages China's largest imported auto mall in Tianjin. Additionally, it operates www.cali.com.cn, one of the leading automobile portals in China, as well as three major websites serving China's auto dealers and their customers. The Company also provides a growing variety of "one stop" automobile related services such as short term dealer financing. Additional information about the Company is available at www.chinaautologisticsinc.com. Information Regarding Forward-Looking Statements Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product demand, market competition, and risks inherent in our operations. These and other risks are described in our filings with the U.S. Securities and Exchange Commission. Contacts: Sun Jiazhen firstname.lastname@example.org Ken Donenfeld DGI Investor Relations Inc. email@example.com Tel: 212-425-5700 Fax: 646-381-9727 Floor 1 FTZ International Auto Mall 86 Tianbao Avenue Free Trade Zone, Tianjin, P.R. China 300461 Tel:86 (22) 25762771 Fax: 86 (22) 66271509
China Auto Logistics Has Regained Compliance With NASDAQ
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