China XD Plastics Company Ltd (CXDC): * CHINA XD PLASTICS COMPANY LIMITED RECEIVES NASDAQ DELISTING LETTER AND ANNOUNCES INTENDED APPEAL. * CHINA XD PLASTICS CO (CXDC) - INTENDS TO REQUEST HEARING BEFORE NASDAQ HEARINGS PANEL NO LATER THAN SEPT. 14 TO SEEK EXCEPTION PERIOD TO COMPLETE FILINGS Source text for Eikon: Further company coverage:
China XD Plastics Company Limited (CXDC) today announced that it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market indicating that Nasdaqs staff has determined to deny the Companys request for continued listing on Nasdaq.
China XD Plastics Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of modified plastics primarily for automotive applications in the People's Republic of China, and Dubai, the United Arab…
China XD Plastics Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of modified plastics primarily for automotive applications in the People's Republic of China, and Dubai, the United Arab Emirates. Its modified plastics are used to fabricate various auto components, including exteriors consisting of automobile bumpers, rearview and sideview mirrors, and license plate parts; interiors, such as door panels, dashboards, steering wheels, glove compartments, and safety belt components; and functional components comprising air conditioner casings, heating and ventilation casings, engine covers, and air ducts. The company also offers engineered plastics and environment-friendly plastics for use in oilfield equipment, mining equipment, vessel propulsion systems, and power station equipment; and polymer composite materials. Its products are also used in high-speed railways, airplanes, ships, and electronic appliances. The company sells its products through distributors, as well as directly to end customers. China XD Plastics Company Limited was founded in 1985 and is headquartered in Harbin, the People's Republic of China.
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