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JINJIANG, China, July 16, 2019 /PRNewswire/ — China Ceramics Co., Ltd. (NASDAQ Capital Market: CCCL) (“China Ceramics” or the “Company”), a arch Chinese architect of bowl tiles acclimated for exoteric balustrade and for autogenous attic and architecture in residential and bartering buildings, today appear that on July 12, 2019, it accustomed a accounting apprehension (the “Notice”) from the Advertisement Qualifications administration of The Nasdaq Banal Bazaar (“Nasdaq”) advising the Company that based aloft the closing bid amount for the Company’s shares for the accomplished 30 after business days, the Company no best met the minimum $1.00 per allotment Nasdaq connected advertisement claim set alternating in Nasdaq Advertisement Rules. The notification additionally declared that the Company would be provided 180 agenda days, or until January 8, 2020, to achieve acquiescence with the aloft advertisement requirement. To do so, the bid amount of the Company’s shares charge abutting at or aloft $1.00 per allotment for a minimum of 10 after business canicule above-mentioned to that date.

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If the Company does not achieve acquiescence by the acquiescence deadline, the Company may be acceptable for added time to achieve compliance. To qualify, the Company will be appropriate to accommodated the connected advertisement claim for bazaar amount of about captivated shares and all added antecedent advertisement standards for The Nasdaq Capital Market, with the barring of the bid amount requirement, and will charge to accommodate accounting apprehension of its ambition to cure the absence during the added acquiescence period, by adeptness a about-face banal split, if necessary. If the Company meets these requirements, the Nasdaq agents will acquaint the Company that it has been accepted an added 180 agenda days. However, if it appears to the Nasdaq agents that the Company will not be able to cure the deficiency, or if the Company is contrarily not eligible, the agents will accommodate apprehension that its balance will be accountable to delisting.

While the Company intends to abide to adviser the bid amount for its shares, it cannot accommodate any affirmation that its shares will barter at levels all-important to achieve and advance acquiescence with the above-referenced bid amount aphorism afore the acquiescence deadline.

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About China Ceramics Co., Ltd.

China Ceramics Co., Ltd. is a arch architect of bowl tiles in China. The Company’s bowl tiles are acclimated for exoteric siding, autogenous flooring, and architecture in residential and bartering buildings. China Ceramics’ products, awash beneath the “Hengda” or “HD”, “Hengdeli” or “HDL”, the “TOERTO” and “WULIQIAO” brands, and the “Pottery Capital of Tang Dynasty” brands, are accessible in over 2,000 style, blush and admeasurement combinations and are broadcast through a arrangement of absolute distributors as able-bodied as anon to ample acreage developers. For added information, amuse appointment http://www.cceramics.com.

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Cautionary Note Regarding Forward-Looking Statements

Certain statements in this columnist absolution are advanced statements that absorb a cardinal of risks and uncertainties, including statements apropos to the Company’s adeptness to achieve acquiescence with the Nasdaq advertisement requirements. Absolute contest or after-effects may alter materially from the Company’s expectations. Factors that could account absolute after-effects to alter materially from those declared or adumbrated by the Company’s advanced statements are appear in its filings with the Balance and Exchange Commission. These advanced statements represent the Company’s acumen as of the time of this release. The Company disclaims any absorbed or obligation to amend these advanced statements, added than as may be appropriate beneath applicative law.

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SOURCE China Ceramics Co., Ltd.

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How to Find a Home Interior and Exterior Decorator by .. | exterior design qualifications

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