ZHENGZHOU, China , March 2, 2015 /PRNewswire-FirstCall/ -- China Gerui Advanced Materials Group Limited (NASDAQ: CHOP) ("China Gerui," or the "Company"), a leading high- precision, cold-rolled steel producer in China , today announced that on February 24, 2015 , it received a written notice (the "Notice") from the Listing Qualifications department of The Nasdaq Stock Market ("Nasdaq") indicating that the Company is not in compliance with the Nasdaq Listing Rule 5450(b)(1)(c) because the market value of publicly held shares ("MVPHS") of the Company's ordinary shares has fallen below the minimum $5,000,000 requirement for continued listing for a period of at least 30 consecutive business days.
Sign-up for CHOP SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Notifies Investors of Class Action Against China Gerui Advanced Materials Group Ltd. and Its Board of Directors and a Lead Plaintiff Deadline of January 30, 2015 -- CHOP investment picks
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