China Auto Logistics Regains Compliance With Nasdaq Listing Requirement
TIANJIN, CHINA -- (Marketwired) -- 11/04/13 -- China Auto Logistics
Inc. (the "Company" or "CALI") (NASDAQ: CALI), a top seller in China
of luxury imported automobiles, and a leading provider of
auto-related services, reported today it has been notified by the
Listing Qualifications department of the Nasdaq Stock Market that the
Company has regained compliance with the $5 million minimum market
value of publicly held shares requirement of the Nasdaq Global
About China Auto Logistics Inc.
China Auto Logistics Inc. is one of China's top sellers of imported
luxury vehicles. It also manages China's largest imported auto mall
in Tianjin and provides a growing variety of "one stop" automobile
related services such as short term dealer financing. Additional
information about the Company is available at
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.
DGI Investor Relations Inc.
Press spacebar to pause and continue. Press esc to stop.