China: CAAS receives non-compliance letter from Nasdaq

China Automotive Systems (CAAS), a supplier of power steering components and systems to the Chinese automotive industry, has received a non-compliance letter from the Nasdaq stock market. The letter indicated that the supplier was not in compliance with the continued listing requirements under the Nasdaq listing rule. This rule, 5250( c Subscribe to Automotive World … Continued

• By Webmaster
• March 21, 2011