ITEM 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On September 7, 2021, China XD Plastic Company Limited (the "Company") received a letter (the "Letter") from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") indicating that Nasdaq's staff (the "Staff") has determined to deny the Company's request for continued listing on Nasdaq.

The Letter states that the Staff has notified the Company on April 16, 2021 that it did not comply with Nasdaq's filing requirements for continued inclusion set forth in Listing Rule 5250(c)(1) (the "Rule") because it had not filed its Form 10-K for the fiscal year ended December 31, 2020 and notified the Company through subsequent additional delinquency notifications for failing to file its Forms 10-Q for the periods ended March 31, 2021 and June 30, 2021. The Company submitted materials to Nasdaq relating to its plan to regain compliance (the "Submission"). Based on the Staff's review and the Submission, in addition to a telephone discussion on July 26, 2021, the Staff has determined that the Company did not provide a definitive plan evidencing its ability to achieve compliance with the Rule.

Unless the Company requests an appeal of this determination pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series, trading of the Company's common stock will be suspended at the opening of business on September 16, 2021, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company's securities from listing and registration on The Nasdaq Stock Market. The Company plans to request such an appeal and a hearing before a Nasdaq Hearings Panel no later than September 14, 2021 to seek an exception period in which to complete its filings and thereby regain compliance with listing standards.

On September 10, 2021, the Company issued a press release announcing its receipt of the Letter. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

ITEM 9.01 Financial Statements and Exhibits





(d) Exhibits.



Exhibit No.   Description
99.1            Press release dated September 10, 2021.

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