WebsiteIntroduction
CHIJET Motor Company Inc (“CHIJET,” Nasdaq: CJET) is a Chinese automotive manufacturer that produces clean electric vehicles in addition to traditional-fuel models. The company was established in partnership with FAW Group, one of China’s leading automotive manufacturers. CHIJET aims to enhance electric vehicle performance while minimizing environmental impact. Its operations are supported by a 5.15 million-square-foot facility in Yantai, Shandong Province, which serves as its corporate headquarters.
Corporate Structure
CHIJET holds a 60.05 percent majority interest in its Chinese subsidiary, FAW Jilin Automobile Co., Ltd., which produces three SUV models under the Senya brand and four light-truck models under the Jiabao brand. These vehicles are available through more than 300 dealership locations across China and Southeast Asia. FAW Group reported over $100 billion in annual revenue for 2021 and was ranked 66th on the 2021 Fortune Global 500 list. CHIJET’s management team includes professionals with extensive experience in engineering, design, manufacturing, and finance. While the company does not disclose its precise headcount, it employs research and development engineers focused on advanced battery technologies, including solid-state and hydrogen fuel cell systems.
Electric vehicles by CHUTTERSNAP
Recent Developments and News
On 25 September 2025, CHIJET's Annual General Meeting of Shareholders approved a reverse stock split at a ratio of up to 100 ordinary shares into one share, pending regulatory approval. Resolutions approved included a proposed change of the company's name to Digital Currency X Technology Inc. and the adoption of revised articles of association. The meeting was rescheduled from 22 September to accommodate these changes. On 1 October 2025, CHIJET shares closed at $0.4974, reflecting a 206.85 percent increase from the previous close of $0.1621, on a trading volume of 119,598,579 shares.
Financial and Strategic Analysis
As of 1 October 2025, CHIJET's key metrics were as follows:
| Metric | Value |
|---|---|
| Share Price | $0.4974 |
| Price Change (1 Oct vs 30 Sep) | +206.85 % |
| Volume (1 Oct) | 119,598,579 |
| Market Cap | $7.309 million |
| Shares Outstanding | 45.09 million |
| 52-Week Range | $0.08 – $2.99 |
| Revenue (TTM) | $6.915 million |
| EBITDA (TTM) | $38.055 million |
| Gross Margin (TTM) | -359.02 % |
| Net Margin (TTM) | -997.90 % |
| Debt to Equity (MRQ) | 53.08 % |
| EPS (TTM) | -8.66 |
| P/E Ratio (TTM) | -0.02 |
| ROE (TTM) | 0.71 % |
The negative margins are indicative of research and development and early-stage manufacturing expenditures. The partnership with FAW Group enhances scalability and distribution, while the Yantai facility supports CHIJET's production capacity.
Market Position and Industry Context
CHIJET operates within a competitive global electric vehicle sector that includes established original equipment manufacturers and emerging startups. Its integration with FAW Group’s supply chain and distribution network of over 300 dealerships allows access to key markets in China and Southeast Asia. Government incentives for zero-emission vehicles and growing consumer demand for low-carbon transportation are influential in shaping industry dynamics. CHIJET's focus on advanced battery technologies and its large-scale manufacturing base align with broader trends toward sustainable mobility.
tl;dr
On 25 September 2025, CHIJET shareholders approved a 100:1 reverse stock split and a proposed name change to Digital Currency X Technology Inc. Trading on 1 October 2025 at $0.4974, the stock increased by 206.85 percent with a volume of 119.6 million shares. Trailing twelve-month revenue was $6.915 million, with EBITDA of $38.055 million and negative margins attributed to research and development and production costs. The share consolidation and proposed rebranding could influence CHIJET's liquidity and investor perception in the coming months.
