Pingtan Marine Enterprise

Pingtan Marine Enterprise Ltd., through its subsidiary, engages in ocean fishing and sale of frozen marine catches. Its products include Japanese threadfin bream, red fish, ribbon fish, sea catfish, seabream, shrimp, silver pomfret, silver seaperch, slender shad, and spanish mackarel. The company was founded on February 27, 1998 and is headquartered in Fuzhou, China.

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Pingtan Marine is a Cayman Islands limited life blank check company organized on January 18, 2010 as an exempted company with limited liability. Exempted companies are Cayman Islands companies, the objects of which are to be carried out mainly outside the Cayman Islands. As an exempted company.

FUZHOU, China , Dec. 27, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced that it has received a notification letter dated December 21, 2022 (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), indicating that based on the actions from U.S. Department of Treasury's Office of Foreign Assets Control ("OFAC"), the Nasdaq Staff ("the Staff") has determined that the continued listing of the Company's securities are no longer warranted pursuant to Listing Rule 5101.

Pingtan Marine Enterprise Announces Receipt of Nasdaq Notification Letter

FUZHOU, China , Dec. 22, 2022  /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced that each of the proposed resolutions submitted for shareholders' approval (the "Proposed Resolutions") as set forth in the notice of annual general meeting and the proxy statement dated October 28, 2022 (the "Notice and Proxy Statement") has been duly adopted at its annual general meeting of shareholders held in Fuzhou, China on December 14, 2022.

Pingtan Marine Enterprise Announces Results of Annual General Meeting

FUZHOU, China , Dec. 16, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China (the "PRC"), today announced that it was notified by The Nasdaq Stock Market LLC ("Nasdaq") on December 9, 2022, that the trading in PME stock has been suspended in response to the actions by the U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC").

Pingtan Marine Enterprise Responded to the Designation of Being included in the SDN List by the U.S Department of the Treasury's Office of Foreign Assets Control

FUZHOU, China , Oct. 28, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. ("Pingtan" or the "Company") (Nasdaq: PME), a fishing company based in the People's Republic of China (the "PRC"), today announced that it will hold its 2022annual general meeting of members (the "2022 AGM") at 10:00 a.m.

Pingtan Marine Enterprise to Hold 2022 Annual General Meeting on December 14, 2022

FUZHOU, China , Oct. 28, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced that it has received a notification letter dated October 25, 2022 (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), indicating that for the last 30 consecutive business days from September 9, 2022 through October 24, 2022, the closing bid price for the Company's ordinary shares was below the minimum bid price of $1.00 required for continued listing under Nasdaq Listing Rule 5550(a)(2).

Pingtan Marine Enterprise Receives Nasdaq Notification Regarding Minimum Bid Price Compliance

FUZHOU, China , Oct. 26, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME) ("Pingtan," "we" or the "Company"), a fishing company based in the People's Republic of China (PRC), today announced the unaudited financial results for the six months ended June 30, 2022.

PINGTAN MARINE ENTERPRISE REPORTS UNAUDITED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED JUNE 30, 2022

FUZHOU, China , July 5, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated June 29, 2022, indicating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing of its ordinary shares on the Nasdaq Capital Market.

Pingtan Marine Enterprise Regains Compliance with NASDAQ Minimum Bid Price Requirement

Company to Hold Conference Call on Wednesday, May 18, 2022, at 8:30 AM ET FUZHOU, China , May 17, 2022 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME) ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China (PRC), today announced financial results for its fourth quarter and fiscal year ended December 31, 2021.

PINGTAN MARINE ENTERPRISE REPORTS FINANCIAL RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2021

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FUZHOU, China, Dec. 30, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, today announced that it received a notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on December 28, 2021, which granted the Company's request for a 180-day extension to regain compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule").

Pingtan Marine Enterprise Receives Extension from Nasdaq to meet Bid Price Requirement

FUZHOU, China, Dec. 20, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced that the Company will hold its Annual General Meeting of Members ("AGM") on December 23, 2021, at 10:00 a.m.

Pingtan Marine Enterprise to Hold Annual General Meeting of Members on December 23, 2021

FUZHOU, China, Nov. 16, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME) ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China (PRC), today announced financial results for its third quarter and nine months ended September 30,2021.

Pingtan Marine Enterprise Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2021

FUZHOU, China, Oct. 19, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, announced today that it received a determination notice letter dated October 13, 2021 (the "Determination Notice") from the Listing Qualification Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying that the Company did not meet the terms of exception granted by Staff.

Pingtan Marine Enterprise Receives Nasdaq's Determination Letter

FUZHOU, China, Aug. 26, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, announced that it has received an additional delinquency notification letter from the Listing Qualifications Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") on August 2 3, 2021, indicating that, since the Company remains delinquent in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 (the "Form 10-K") and its Quarterly Report on Form 10-Q for the period ended March 31, 2021 (the "Q1 Form 10-Q"), and the delay in the filing of its Quarterly Report on Form 10-Q for the period ended June 30, 2021 (the "Q2 Form 10-Q"), the Company is not in compliance with the timely filing requirement for continued listing under Nasdaq Listing Rule 5250(c)(1) (the "Rule").

Pingtan Marine Enterprise Ltd. Receives Nasdaq Notice of Additional Delinquency

FUZHOU, China, April 19, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China (PRC), today announced that it received a notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") indicating that, because of Pingtan's delay in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 (the "Form 10-K") with the U.S. Securities and Exchange Commission (the "SEC"), Pingtan is not in compliance with the timely filing requirement for continued listing under Nasdaq Listing Rule 5250(c)(1).

Pingtan Marine Enterprise Receives Notification From Nasdaq Related To Delayed Annual Report On Form 10-K

FUZHOU, China, March 9, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, announced that it has closed its previously announced registered direct offering of 3,625,954 ordinary shares at a price of $1.31 per share, and 2,719,464 five-year warrants to purchase ordinary shares at an exercise price of $1.31 per share.

Pingtan Marine Enterprise Ltd. Closes Registered Direct Offering

FUZHOU, China, March 4, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, today announced that it has agreed to sell 3,625,954 ordinary shares at a price of $1.31 per share, and...

Pingtan Marine Enterprise Ltd. Announces $4,750,000 Registered Direct Offering of Ordinary Shares and Warrants

FUZHOU, China, Feb. 2, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (NASDAQ: PME) ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced it has signed a Strategic Cooperation Framework Agreement (the "Agreement") with World Telecom...

Pingtan Marine Enterprise To Establish Satellite Live Broadcasting Network For Pelagic Fishing

FUZHOU, China, Jan. 8, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, announced today that it has sold $4.0 million of the Company's Series A Convertible Preferred Shares, par...

Pingtan Marine Enterprise Ltd. Closes $4.0 Million Registered Direct Offering

FUZHOU, China, Dec. 29, 2020 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (NASDAQ: PME) ("Pingtan" or the "Company"), today announced that 20 fishing vessels operated by the Company received approval from the Ministry of Agriculture and Rural Affairs of the People's Republic of China...

Pingtan Marine Enterprise's 20 Fishing Vessels to Resume Operations in Different Fishing Grounds after Modification and Rebuilding

FUZHOU, China, Nov. 19, 2020 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (NASDAQ: PME) ("Pingtan" or the "Company"), today announced that on November 17, 2020, Pingtan's CEO led a team for a study visit to Zhanjiang Guolian Aquatic Products Co., Ltd. ("Guolian") that is headquartered...

Pingtan Marine Enterprise's CEO Led a Study Visit on the Intelligent Processing Technology in One of China's Leading Aquatic Food Companies

Pingtan Marine Enterprise Ltd. (PME) CEO Xinrong Zhuo on Q3 2020 Results - Earnings Call Transcript

FUZHOU, China, Nov. 9, 2020 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), today announced its unaudited financial results for the third quarter and nine months ended September 30, 2020. Third Quarter 2020 Financial Highlights Revenue was $15.4...

Pingtan Marine Enterprise Reports FINANCIAL RESULTS for the THIRD quarter and NINE months ended SEPTEMBER 30, 2020

FUZHOU, China, Nov. 6, 2020 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company") announced today that it expects to release its financial results for the third quarter and nine months ended September 30, 2020, after the U.S. market closes on Monday,...

Pingtan Marine Enterprise to Release 2020 Third Quarter Financial Results on November 9, 2020

FUZHOU, China, Oct. 6, 2020 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), today announced that 21 of the Company's fishing vessels previously sent to the international waters of the Indian Ocean have traveled to their fishing ground and have...

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