Huize Holding Limited Announces Receipt of Minimum Bid Price Notification from Nasdaq

SHENZHEN, China, Oct. 14, 2022 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize” or the “Company”) (NASDAQ:HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced it has received a notification letter dated October 12, 2022 (the “Notice”) from the staff of the Listing Qualifications Department of Nasdaq Stock Market LLC (“Nasdaq”), indicating that for the last 30 consecutive business days, the closing bid price of the Company’s American depositary shares (the “ADSs”) was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1). The Notice has no current effect on the listing or trading of the Company’s ADSs on Nasdaq.

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