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yangtze river port and logis (YRIV) Details

Yangtze River Port and Logistics Limited, through its subsidiary, Wuhan Yangtze River Newport Logistics Co., Ltd., primarily engages in the real estate and infrastructural development business in the People’s Republic of China. It operates Wuhan Yangtze River Newport Logistics Center, a port logistics center located in Wuhan Newport Yangluo Port, Hubei Province of China. The company was formerly known as Yangtze River Development Limited and changed its name to Yangtze River Port and Logistics Limited in February 2018. Yangtze River Port and Logistics Limited is headquartered in New York, New York.

34 Employees
Last Reported Date: 03/1/19

yangtze river port and logis (YRIV) Top Compensated Officers

CEO, President, Secretary & Chairman
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: $96.0K
Executive Director
Total Annual Compensation: $70.0K
Executive Director
Total Annual Compensation: $24.0K
Executive Director
Total Annual Compensation: $24.0K
Compensation as of Fiscal Year 2018.
yangtze river port and logis
Yangtze River Port and Logistics Limited Reports Earnings Results for the First Quarter Ended March 31, 2019

Yangtze River Port and Logistics Limited announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced operating loss was USD 468,524 compared to USD 1.149 million a year ago. Net loss was USD 2.496 million compared to USD 3.049 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.02 a year ago.

Yangtze River Port and Logistics Receives Non-Compliance Notice From NASDAQ

On April 2, 2019, Yangtze River Port and Logistics Limited (the “Company”) received a notification from the Listing Qualifications Department of The NASDAQ Stock Market LLC (“NASDAQ”) indicating that the Company is not in compliance with NASDAQ Listing Rule 5450(a)(1) (the “Rule”) because the minimum bid price of the Company’s common stock on the NASDAQ Global Select Market has closed below $1.00 per share for 30 consecutive business days. The NASDAQ letter has no immediate effect on the NASDAQ listing or trading of the Company’s common stock. In accordance with NASDAQ Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, or until September 30, 2019, to regain compliance with the requirements under the Rule. If, at any time before that date the bid price of the Company’s common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, NASDAQ will notify the Company that it has achieved compliance with the Rule. In the event the Company does not regain compliance with the Rule by September 30, 2019, NASDAQ will notify the Company that its common stock will be delisted from the NASDAQ Global Select Market, unless the Company requests a hearing before a NASDAQ Hearings Panel. This information is being provided solely to comply with NASDAQ Listing Rules requiring public announcement of the Company’s receipt of the letter from NASDAQ.

Yangtze River Port and Logistics Limited(NasdaqGS:YRIV) dropped from S&P Global BMI Index

Yangtze River Port and Logistics Limited(NasdaqGS:YRIV) dropped from S&P Global BMI Index

 

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