Chijet Motor (CJET) backs 100-for-1 share consolidation, name change

Rhea-AI Filing Summary

Chijet Motor Company, Inc. reported that shareholders at the 2025 Annual General Meeting approved an up to 100-for-1 share consolidation of the company’s class A and class B ordinary shares, with the exact whole-number ratio to be set later by the board within this range. Shareholders also approved, subject to approval by the Cayman Islands Registrar of Companies, changing the company’s name from “CHIJET MOTOR COMPANY, INC.” to “Digital Currency X Technology Inc.” and, conditional on both the share consolidation and name change becoming effective, replacing the current Second Amended and Restated Memorandum and Articles of Association with a Third Amended and Restated version. The company noted that after the consolidation each shareholder’s percentage ownership is expected to remain essentially the same apart from fractional share adjustments, and that shareholder rights and privileges will be substantially unaffected.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2025

Commission File Number: 001-41712

CHIJET MOTOR COMPANY, INC.

(Exact name of registrant as specified in its charter)

No. 8, Beijing South Road

Economic & Technological Development Zone, Yantai

Shandong, CN-37 264006

People’s Republic of China

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

ANNUAL GENERAL MEETING OF CHIJET MOTOR COMPANY, INC.

On September 25, 2025, CHIJET MOTOR COMPANY, INC. (the “Company”) held its 2025 Annual General Meeting of Shareholders (the “Annual Meeting”).

At the Annual Meeting, the Company’s shareholders approved: (1) that the Company shall undertake an up to 100 for 1 share consolidation of the issued and unissued shares of the Company (the “Range”), such that (i) every up to one hundred (100) class A ordinary shares of a par value of US$0.003 each be consolidated into one (1) class A ordinary share with a par value of not more than US$0.3 each, and (ii) every up to one hundred (100) class B ordinary shares of a par value of US$0.003 each be consolidated into one (1) Class B ordinary share with a par value of not more than US$0.3 each (the “Share Consolidation”), with the exact ratio to be set at a whole number within the Range to be determined by the board of directors of the Company in its sole discretion and such Share Consolidation to be further implemented and effected by the board of directors of the Company; (2) subject to and conditional upon the approval of the Registrar of Companies in the Cayman Islands (the “Cayman Registrar”), the name of the Company be changed from “CHIJET MOTOR COMPANY, INC.” to “Digital Currency X Technology Inc.”, with effect from the date of the certificate of incorporation on change of name to be issued by the Cayman Registrar (the “Change of Name”); and (3) subject to the approval of both Resolution 1 and Resolution 2, and entirely conditional upon the effectiveness of the Share Consolidation and Change of Name, the Second Amended and Restated Memorandum and Articles of Association of the Company currently in effect be amended and restated by their deletion in their entirety and the substitution in their place with the Third Amended and Restated Memorandum and Articles of Association. The Company also presented to its shareholders financial information for the fiscal year ended December 31, 2024 and afforded the opportunity to discuss Company affairs with management.

The Company will determine the exact ratio within the Range, and implement and announce the effectiveness of the Share Consolidation afterwards. Immediately after the Share Consolidation, each shareholder’s percentage ownership interest in the Company will remain unchanged, except for minor changes and adjustments that will result from the treatment of fractional shares. The rights and privileges of the holders of ordinary shares will be substantially unaffected by the Share Consolidation. The Company’s Third Amended and Restated Memorandum and Articles of Association are attached as Exhibit 3.1 to this Form 6-K.

Exhibits Index

Exhibit No.		Description
3.1		Third Amended and Restated Memorandum and Articles of Association

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: September 25, 2025

	Chijet Motor Company, Inc.
	By:	/s/ Dongchun Fan
	Name:	Dongchun Fan
	Title:	Chief Financial Officer

FAQ

What did Chijet Motor Company (CJET) shareholders approve at the 2025 Annual General Meeting?

Shareholders approved an up to 100-for-1 consolidation of the company’s class A and class B ordinary shares, a conditional name change to “Digital Currency X Technology Inc.” subject to approval by the Cayman Islands Registrar of Companies, and, conditional on both actions becoming effective, the adoption of a Third Amended and Restated Memorandum and Articles of Association.

How will Chijet’s up to 100-for-1 share consolidation work for existing shareholders?

The approved share consolidation allows every up to one hundred existing class A ordinary shares of par value US$0.003 each to be combined into one class A ordinary share with a par value of not more than US$0.3, and similarly for class B shares. The board will later set the exact whole-number ratio within this range.

Will the Chijet Motor Company (CJET) share consolidation change shareholder ownership percentages?

The company stated that immediately after the share consolidation each shareholder’s percentage ownership interest in the company will remain unchanged, except for minor changes arising from the treatment of fractional shares.

What conditions apply to Chijet Motor’s planned name change to Digital Currency X Technology Inc.?

The name change from “CHIJET MOTOR COMPANY, INC.” to “Digital Currency X Technology Inc.” is subject to and conditional upon approval by the Cayman Islands Registrar of Companies and will take effect on the date shown on the Registrar’s certificate of incorporation on change of name.

When will Chijet Motor announce the effective date of the share consolidation?

The company stated that its board will determine the exact ratio within the approved range for the share consolidation and will then implement and announce the effectiveness of the share consolidation afterwards.

What changes are planned to Chijet Motor’s Memorandum and Articles of Association?

Subject to the share consolidation and the name change both becoming effective, the current Second Amended and Restated Memorandum and Articles of Association will be deleted in their entirety and replaced with a Third Amended and Restated Memorandum and Articles of Association

Did Chijet Motor present financial information at the 2025 Annual General Meeting?

Yes. The company presented financial information for the fiscal year ended December 31, 2024 and gave shareholders an opportunity to discuss company affairs with management.