SHENZHEN, China , Oct. 8, 2024 /PRNewswire/ -- BAIYU Holdings, Inc. (Nasdaq: BYU) (the "Company" or "BAIYU"), a leading B2B bulk commodity e-commerce platform and supply chain service provider, today announced that it has filed timely a formal notice of appeal to a Hearings Panel of a Nasdaq Stock Market Listing Qualifications Staff's determination to delist the Company's securities from Nasdaq pursuant to Nasdaq Listing Rules 5101 and IM-5101-1. Following the receipt of notification from Nasdaq on October 4th, BAIYU determined to appeal the decision and intends to maintain that the Staff did not consider all relevant facts in making its delisting decision.
BRADENTON, Fla. , Sept. 4, 2024 /PRNewswire/ -- BAIYU Holdings, Inc. ("BAIYU" or the "Company") (Nasdaq: BYU), a leading B2B bulk commodity e-commerce platform and supply chain service provider, today announced that the Company, through its subsidiary Shenzhen Jintongyuan Energy Storage Technology Co., Ltd.
BRADENTON, Fla. , Aug. 29, 2024 /PRNewswire/ -- BAIYU Holdings, Inc. ("BAIYU" or the "Company") (Nasdaq: BYU), a leading B2B bulk commodity e-commerce platform and supply chain service provider, today announced that the Company, through its subsidiary BMYA New Energy Technology Inc. ("BNET"), has signed a US$60 million purchase and sales contract (the "Contract") for electric lithium batteries with Feng's Auto Parts Inc., a U.S.-based auto parts supplier.
SHENZHEN, China , July 17, 2024 /PRNewswire/ -- BAIYU Holdings, Inc. ("BAIYU" or the "Company") (Nasdaq: BYU), a leading B2B bulk commodity e-commerce platform and supply chain service provider, today announced that its board of directors (the "Board") has appointed Ms. Rongrong (Rita) Jiang as the successor to Mr.
SHENZHEN, China , July 9, 2024 /PRNewswire/ -- BAIYU Holdings, Inc. ("BAIYU" or the "Company") (Nasdaq: BYU), a leading B2B bulk commodity e-commerce platform and supply chain service provider, today announced that on June 14, 2024, the Company, through its wholly owned subsidiary Legend Investment Holdings Co. Limited, completed the acquisition (the "Acquisition") of majority stake in Electra New Energy Vehicle Inc ("ENEV"), a U.S.-registered company based in Los Angeles specializing in the new energy vehicle ("NEV") sector. Following the closing of the Acquisition, BAIYU now holds a controlling interest of 60% in ENEV.
SHENZHEN, China , June 26, 2024 /PRNewswire/ -- BAIYU Holdings, Inc. ("BAIYU" or the "Company") (Nasdaq: BYU), a leading B2B bulk commodity e-commerce platform and supply chain service provider, today announced that on May 20, 2024, the Company entered into a memorandum of understanding (the "MoU") with certain industry experts (the "Partners") to explore new energy vehicle ("NEV") projects and international market ventures. This strategic move reflects BAIYU's ambition to expand into the rapidly growing and promising global NEV market.