- Hongli Group Inc. (HLP) previously received a deficiency letter from Nasdaq on **July 10, 2025**, for non-compliance with the **$1.00 minimum bid price requirement**.  **[1855557_0001213900-25-096814_ea0260411-6k_hongli.htm:0]** **[1855557_0001213900-25-096814_ea026041101ex99-1_hongli.htm:0]** 
- On **October 3, 2025**, the Company received a notification from Nasdaq stating that it had regained compliance with the Minimum Bid Price Requirement.  **[1855557_0001213900-25-096814_ea0260411-6k_hongli.htm:0]** **[1855557_0001213900-25-096814_ea026041101ex99-1_hongli.htm:0]** 
- This compliance was achieved after the Company's ordinary shares traded at **$1.00 per share or greater for 12 consecutive business days from September 16, 2025, to October 1, 2025**, and the matter is now closed.  **[1855557_0001213900-25-096814_ea0260411-6k_hongli.htm:0]** **[1855557_0001213900-25-096814_ea026041101ex99-1_hongli.htm:0]**

Hongli Group Inc. Regains Nasdaq Minimum Bid Price Compliance

- Hongli Group Inc. reported a **net income of $0.99 million** for the six months ended June 30, 2025, a significant improvement from a net loss of **$1.90 million** in the prior year period, with **basic and diluted earnings per share of $0.01**.  **[1855557_0001213900-25-093674_ea025879601ex99-1_hongli.htm:0]** **[1855557_0001213900-25-093674_ea025879601ex99-3_hongli.htm:4]** 
- **Revenues increased by 37.7%** to **$9,587,978** for the six months ended June 30, 2025, compared to **$6,962,241** for the same period in 2024.  **[1855557_0001213900-25-093674_ea025879601ex99-1_hongli.htm:0]** 
- The company's **working capital decreased by 52%** to approximately **$1.8 million** as of June 30, 2025, from **$3.7 million** as of December 31, 2024, primarily due to the reclassification of a **$3.3 million long-term loan** to a short-term loan.  **[1855557_0001213900-25-093674_ea025879601ex99-3_hongli.htm:5]** 
- On July 10, 2025, Hongli Group Inc. received a **Nasdaq deficiency letter** for not maintaining a minimum bid price of **$1.00 per share** for continued listing.  **[1855557_0001213900-25-093674_ea025879601ex99-2_hongli.htm:29]**

Hongli Group (HLP)