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AZI Received Nasdaq Notification Regarding Minimum Market Value Deficiency

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BEIJING, March 28, 2025 /PRNewswire/ — Autozi Internet Technology (Global) Ltd. (Nasdaq: AZI) (“Autozi” or the “Company”), a automotive products and services company in China, today announced that it has received written notification (the “Notification Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) dated March 25, 2025, notifying the Company that it is not in compliance with the minimum Market Value of Listed Securities (MVLS) of $50,000,000. Nasdaq Listing Rule 5450(b)(2)(A) requires a company that has its primary equity security listed on the Nasdaq Global market to maintain a minimum Market Value of Listed Securities (MVLS) of $50,000,000, and Nasdaq Listing Rule 5810(c)(3)(C) provides that a failure to meet the market value requirement exists if the deficiency continues for a period of last 30 consecutive business days. Based on the market value of the Company for the 30 consecutive business days from February 10, 2025 to March 24, 2025, the Company no longer meets the requirement of minimum Market Value of Listed Securities (MVLS).

The Notification Letter does not impact the Company’s listing on The Nasdaq Global Market at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company has been provided 180 calendar days, or until September 22, 2025, to regain compliance with the market value requirement. To regain compliance, the Company’s MVLS must close at $50,000,000 or more for a minimum of ten consecutive business days during the compliance period of 180 calendar days. If the Company does not regain compliance by September 22, 2025 or transfer to The Nasdaq Capital Market, the Company will receive written notification that its securities are subject to delisting. 

The Company intends to monitor its market value of publicly held shares between now and September 22, 2025 and intends to cure the deficiency within the prescribed grace period. During this time, the Company expects that its Class A ordinary shares will continue to be listed and traded on The Nasdaq Global Market.

Notwithstanding the Notification Letter, the Company remains confident in its core business fundamentals and its position in the automotive services market in China. Autozi’s advanced supply chain cloud platform and SaaS solutions continue to create tangible value for both customers and partners, supporting the Company’s long-term growth strategy. Management is focused on operational optimization, disciplined execution, and prudent capital allocation, all with the goal of driving sustainable value for Autozi’s shareholders. The Company believes that these efforts will position Autozi for continued success and expansion in the years ahead.

About Autozi

Autozi Internet Technology (Global) Ltd. is a leading, fast-growing provider of lifecycle automotive services in China. Founded in 2010, Autozi offers a comprehensive range of high-quality, affordable, and professional automotive products and services through both online and offline channels across the country. Leveraging its advanced online supply chain cloud platform and SaaS solutions, Autozi has built a dynamic ecosystem that connects key participants across the automotive industry. This interconnected network enables more efficient collaboration and streamlined processes throughout the entire supply chain, positioning Autozi as a key driver of innovation and growth in the automotive services sector.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995, including but not limited to statements related to Autozi’s cash position, financial resources and potential for future growth, market acceptance and penetration of new or planned product offerings, and future recurring revenues and results of operations. These forward-looking statements can be identified by terminology such as “aim,” “anticipate,” “believe,” “estimate,” “expect,” “hope,” “going forward,” “intend,” “ought to,” “plan,” “project,” “potential,” “seek,” “may,” “might,” “can,” “could,” “will,” “would,” “shall,” “should,” “is likely to” and the negative form of these words and other similar expressions. Among other things, statements that are not historical facts, including statements about the Company’s beliefs and expectations are or contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. All information provided in this press release is as of the date of this press release and is based on assumptions that the Company believes to be reasonable as of this date, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contact Information

The Blueshirt Group
Jack Wang
Email: Jack@blueshirtgroup.co 

View original content:https://www.prnewswire.com/news-releases/azi-received-nasdaq-notification-regarding-minimum-market-value-deficiency-302414241.html

SOURCE Autozi Internet Technology (Global) Ltd.

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Fresh Technology Launches “On the Fly” App to Help Restaurants Improve Kitchen Performance in Real Time

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New mobile app debuts at National Restaurant Association Show; brings KDS data to life with simple, actionable scoring for operators on the move

CHICAGO, May 17, 2025 /PRNewswire-PRWeb/ — Fresh Technology, the company behind Fresh KDS, today announced the launch of “On The Fly”, a new mobile app that gives restaurant operators a real-time kitchen score powered by actual KDS performance data. The app will debut at the National Restaurant Association Show in Chicago, where Fresh Technology is exhibiting for the first time.

Fresh KDS On The Fly puts the most important insights in the palm of your hand, where operators actually need them. It’s about turning complex data into immediate action.

Built to work seamlessly with Fresh KDS, “On The Fly” tracks speed of service, consistency, and kitchen activity to generate a simple, dynamic score that helps operators understand how their kitchen is performing—at a glance, from anywhere.

 

“Most kitchen data today is locked away in dashboards or buried in spreadsheets,” said Shaun Shankel, CEO of Fresh Technology. “On The Fly puts the most important insights in the palm of your hand, where operators actually need them. It’s about turning complex data into immediate action.”

The app is designed for everyone from single-store owners to multi-unit operators. Independent operators often don’t have the time or resources for deep data analysis. “On the Fly” gives them instant clarity, helping them spot issues and make improvements on the fly—no analyst required. At the same time, larger restaurant groups can use the app to push performance visibility and accountability all the way to the store level, bridging the gap between their analytics teams and front-line managers.

Fresh Technology sees “On the Fly” as the first in a series of tools aimed at redefining what a KDS can do. While most native KDS solutions focus solely on routing tickets, Fresh is using its platform to unlock deeper operational insights and deliver more value through data.

“Our goal is to move beyond the basics of ticket handling and help restaurants actually improve how they operate,” said Shankel. “By making data more accessible, understandable, and actionable, we can give operators a real edge—regardless of size.”

Visit Fresh Technology at Booth 8331

NRA Show attendees can demo “On the Fly” and see how it integrates with Fresh KDS at Booth 8331 in the tech pavilion. The app is now available to all Fresh KDS users via iOS and Android.

About Fresh Technology

Fresh Technology is the creator of Fresh KDS, a cloud-first kitchen display system used by thousands of restaurants nationwide. Known for its ease of use, reliability, and POS-agnostic design, Fresh KDS helps independent and multi-unit restaurants run faster, more consistent kitchens. Fresh Technology is committed to unlocking the power of kitchen data to help operators thrive.

Media Contact

David Corts, Fresh KDS, 1 615-480-4989, dcorts@freshtechnology.comhttps://www.fresh.technology

View original content to download multimedia:https://www.prweb.com/releases/fresh-technology-launches-on-the-fly-app-to-help-restaurants-improve-kitchen-performance-in-real-time-302456182.html

SOURCE Fresh KDS

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LaVivid Unveils Seamless Custom Hair System Experience: A Journey from Vision to Confidence

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LaVivid unveils a transformative custom hair system experience, blending artistry and innovation to restore confidence. Discover the journey from vision to reality.

CHINO, Calif., May 17, 2025 /PRNewswire-PRWeb/ — In an era where personal expression and self-confidence are paramount, LaVivid redefines the hair replacement industry with its bespoke hair system solutions. More than a product, a LaVivid custom hair system is a transformative experience designed to restore confidence, authenticity, and the freedom to embrace one’s true self. Today, the brand unveils its meticulously crafted process—from initial consultation to doorstep delivery—proving why it stands as a global leader in premium hair solutions.

“A custom hair system should never be a compromise—it’s a masterpiece you live in.” – LaVivid Chief Experience Officer

The LaVivid Promise: Where Artistry Meets Individuality

At LaVivid, we recognize that hair loss is deeply personal. Our mission transcends aesthetics; we deliver empowerment through hyper-personalized craftsmanship, cutting-edge materials, and unwavering customer care. Each custom order is a collaboration, ensuring every client receives a hair system that feels as natural as their own hair—because confidence begins with authenticity.

Step 1: Collaborative Design – Your Vision, Perfected

Beyond Transactions: A Partnership in Creation

The journey begins with an immersive consultation tailored to your unique needs. Clients may submit requests via LaVivid’s Custom Order Portal or connect directly with our hair experts. This dialogue ensures every detail aligns with your lifestyle, preferences, and aspirations.

Base Selection

Breathable lace? Undetectable thin skin? A hybrid for versatility? Our specialists guide you through material options, balancing comfort, durability, and realism.

Hair Customization

From jet-black waves to salt-and-pepper curls, we offer:

• 100% Remy Human Hair: Ethically sourced, handpicked for texture and luster.

• Tailored Color Blending: Precision-matched hues, including balayage, highlights, or natural graying patterns.

• Styling Flexibility: Straight, wavy, or curly—crafted to mirror natural growth patterns.

Final Approval

Clients receive a detailed quote, a visual mockup, and a secure payment link. Once confirmed, production begins with a clear timeline provided. Most custom orders can be completed within 4–5 weeks, thanks to the dedicated custom hair system team at the LaVivid factory.

Step 2: Artisan Craftsmanship – Precision in Every Strand

Custom-Fit Systems: The Signature Mold Process

For thin skin or full-cap systems requiring anatomical accuracy, LaVivid employs its proprietary mold technology:

1. Scalp Impression Kit: Easy-to-use templates ensure precise measurements.

2. Hand-Sculpted Perfection: Artisans create plaster molds for millimeter-perfect fit.

3. Secure Archiving: Molds are stored indefinitely, expediting future orders.

Behind the Scenes: Meticulous Handcrafting

• Base Construction: Medical-grade, hypoallergenic materials are double-layered for durability and comfort.

• Knot-by-Knot Artistry: Each strand is hand-tied to replicate natural follicular distribution—a process requiring weeks but guaranteeing undetectable realism.

• Styling Mastery: Hair direction and density are calibrated for seamless integration with existing hair.

Step 3: Rigorous Quality Assurance – Excellence Guaranteed

Every LaVivid hair system undergoes a 12-point inspection:

✓ Knot integrity and tension testing

✓ Density verification for natural movement

✓ Base durability and fit validation

✓ Final styling and conditioning

Only after surpassing these benchmarks is your system gently cleansed, styled, and prepared for shipment.

Step 4: Delivery & Lifelong Support – Confidence, Delivered

Upon arrival, clients unbox:

• Your Custom Masterpiece: Ready-to-wear, pre-styled for immediate use.

• Expert Care Guide: Prolong longevity with tailored maintenance tips.

• Dedicated Support: 24 access online customer services and hair system experts for 1-on-1 consultations.

The LaVivid Advantage

• Effortless Reorders: Archived molds enable one-click repeat purchases.

• End-to-End Guidance: From installation to styling, our experts empower you at every step.

• Sustainable Confidence: Designed to last, our systems empower you to live boldly—rain, sweat, or shine.

A New Chapter of Confidence Begins Today

“A custom hair system should never be a compromise,” LaVivid’s Chief Experience Officer. “We merge artisanal tradition with innovation to create solutions that aren’t just worn—they’re lived in.”

Begin Your Transformation

Visit [LaVividhair.com/Custom-Order] to start your journey. For inquiries, contact our hair experts at support@lavividhair.com or 1-833-879-0279.

About LaVivid

LaVivid is a global leader in premium non-surgical hair replacement solutions, serving clients across 30+ countries. Renowned for its handcrafted systems and client-centric ethos, the brand empowers individuals to reclaim their narrative through hair that looks, feels, and moves authentically.

Media Contact:

Lisa Liu

LavividHair Manager

LaVivid Hair Systems

service@lavividhair.com

1-833-879-0279.

https://www.lavividhair.com/

View original content to download multimedia:https://www.prweb.com/releases/lavivid-unveils-seamless-custom-hair-system-experience-a-journey-from-vision-to-confidence-302456478.html

SOURCE LaVivid

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Trensor Breaks Ground on First Factory in Malaysia

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SEBERANG PERAI, Malaysia, May 17, 2025 /PRNewswire/ — Trensor Electronics Sdn Bhd, the Malaysian subsidiary of Trensor Co Ltd—a leading manufacturer of automotive pressure sensors—held a groundbreaking ceremony to mark the commencement of construction on its new manufacturing plant at the Penang Technology Park @Bertam in Penang, Malaysia.

The new plant—a four-storey facility with an approximate floor area of 10,000 square meters and an estimated investment of RM100 million—is expected to begin mass production of automotive pressure sensors before Q2 2026. At full capacity, it will employ over 200 workers and generate more than RM200 million in annual sales. Trensor has also reserved space on its current land lots to accommodate future expansions.

The ceremony was attended by YAB Chow Kon Yeow, the Chief Minister of Penang, YB H’ng Mooi Lye, the Penang State Executive Councillor (EXCO) for Local Government and Town&Country Planning, as well as representatives from various local organizations, including the Malaysian Investment Development Authority (MIDA), Northern Corridor Implementation Authority (NCIA) and InvestPenang.

In his speech, YAB Chow Kon Yeow welcomed Trensor’s entry into Penang’s vibrant industrial ecosystem and emphasized its role in strengthening the state’s electrical and electronics value chain, particularly in automotive electronics.

Zhou Wenbo, General Manager of Trensor Electronics Sdn Bhd, stated: “The decision by Trensor Co Ltd to establish its first-ever overseas factory in Penang, Malaysia, was driven by the state’s world-class infrastructure, business-friendly governance, high quality of life, cultural affinity, and abundant pool of high-tech talent attracted to the ‘Silicon Valley of the East’.”

“MIDA, InvestPenang, the Seberang Perai City Council, and all local authorities have provided strong support in helping Trensor turn its globalization strategy into a concrete reality today,” Zhou added.

Trensor Co Ltd specializes in the development and manufacture of automotive pressure sensors, ranking highly in annual output, automation, and vertical integration. Its world-class products are included in the procurement systems of major global automakers such as Ford and Geely, as well as Tier 1 suppliers like Cummins and Hanon Systems. Approximately 60% of the company’s revenue is derived from exports, primarily to North America and Europe. Its pressure sensors are also used in the air conditioning systems of Perodua vehicles.

The Penang facility will support Trensor’s strategic expansion into Southeast Asia’s growing automotive markets and beyond.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/trensor-breaks-ground-on-first-factory-in-malaysia-302458329.html

SOURCE Trensor Co., Ltd

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