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Chijet Motor (CJET) moves 2025 AGM and adds 1-for-100 reverse split proposal

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Chijet Motor Company, Inc. filed an amendment to its 2025 Annual General Meeting of Shareholders arrangements. The meeting originally scheduled for September 22, 2025 in Yantai, China has been adjourned to September 25, 2025 at the same location and time.

The company also revised Resolution 1 so shareholders will vote on a proposed reverse stock split, described as a share consolidation under Cayman Islands law, in which up to 100 existing ordinary shares with a par value of US$0.003 per share would be consolidated into 1 ordinary share with a par value of no more than US$0.3 per share.

Positive

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Insights

Chijet adds a sizable reverse split proposal to its 2025 shareholder meeting.

Chijet Motor Company, Inc. is changing the agenda and timing of its 2025 shareholder meeting. The meeting moves from September 22, 2025 to September 25, 2025, keeping the same venue and hour in Yantai, China, which is mainly procedural.

The key substantive change is amending Resolution 1 to propose a reverse stock split, or share consolidation, of up to 100 existing ordinary shares into 1 new share. The par value per share would increase from US$0.003 to no more than US$0.3, while the aggregate par value of holdings would stay aligned with the consolidation ratio.

The economic effect for shareholders depends on whether the reverse split is approved and how many shares are ultimately consolidated, but the proposal signals a willingness to materially reduce the number of ordinary shares outstanding. Subsequent company communications and the meeting outcome on September 25, 2025 will determine the next steps.

 

 

 

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 ☐

 

 

 

 

 

 

Amendment to Notice of 2025 Annual General Meeting of Shareholders

 

On September 11, 2025, CHIJET MOTOR COMPANY, INC. (the “Company”) submitted to the U.S. Securities and Exchange Commission a Report of Foreign Private Issuer on Form 6-K that contained its notice (the “Notice”) for 2025 Annual General Meeting of Shareholders to be held at No. 40 Tianshan Road, Economic & Technological Development Zone, Yantai, Shandong, China on September 22, 2025 at 10:00 A.M. (local time) (the “Meeting”).

 

The Company has resolved to (i) adjourn the Meeting to September 25, 2025 at 10:00 A.M. (local time) at the same place, or at such other time, on such other date and at such other place to which the meeting may be postponed or adjourned; and (ii) amend Resolution 1 in the Notice, such that the shareholders will be asked to vote on, as an ordinary resolution, a proposed reverse stock split (a “share consolidation” under Cayman Islands law) pursuant to which up to 100 issued and unissued ordinary shares of the Company, par value US$0.003 per share, will be consolidated into 1 ordinary share of the Company, par value no more than US$0.3 per share.

 

The amended Notice is attached to this Form 6-K as Exhibit 99.1.

 

Other than as stated above, all other information included in the original Notice remains unchanged under the amended Notice.

 

Exhibits

 

Exhibit No.   Description
99.1   Amended Notice of 2025 Annual General Meeting of Shareholders

 

 

 

 

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 15, 2025

 

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

 

 

 

FAQ

What did Chijet Motor Company (CJET) change about its 2025 annual meeting?

Chijet Motor Company adjourned its 2025 Annual General Meeting of Shareholders from 22 September 2025 to 25 September 2025. The meeting will still be held at 10:00 A.M. local time at No. 40 Tianshan Road in Yantai, Shandong, China.

What reverse stock split is Chijet Motor Company (CJET) proposing?

Chijet Motor Company is asking shareholders to approve a reverse stock split, or share consolidation, where up to 100 existing ordinary shares would be combined into 1 new ordinary share. This materially reduces the number of shares, while adjusting the stated par value per share upward.

How will the par value of Chijet Motor Company (CJET) shares change in the proposed split?

Each ordinary share currently has a par value of US$0.003. Under the proposed share consolidation, each resulting ordinary share would have a par value of no more than US$0.3, consistent with combining up to 100 existing shares into a single new share.

When and where will Chijet Motor Company (CJET) hold the adjourned 2025 AGM?

The adjourned 2025 Annual General Meeting will be held on 25 September 2025 at 10:00 A.M. local time. The location remains No. 40 Tianshan Road, Economic & Technological Development Zone, Yantai, Shandong, China, as stated in the amended notice.

Does the amendment change any other items in Chijet Motor Company’s 2025 AGM notice?

Apart from adjourning the meeting date and revising Resolution 1 to include the reverse stock split proposal, all other information in the original 2025 AGM notice remains unchanged. The company explicitly states that no further modifications were made to the original agenda items.

Where can investors find the full amended AGM notice for Chijet Motor Company (CJET)?

The complete amended notice for Chijet Motor Company’s 2025 Annual General Meeting is provided as Exhibit 99.1 to the Form 6-K. Investors can review that exhibit to see the detailed wording of the resolutions and procedural information.
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