UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2025
Commission File Number: 001-41712
Chijet Motor Company, Inc.
(Registrant’s Name)
No. 8, Beijing South Road Economic & Technological Development Zone
Yantai, Shandong, CN-37 264006
People’s Republic of China
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Explanatory Note
On February 13, 2025, Chijet Motor Company, Inc.’s primary operating subsidiary in China, Shandong Baoya New Energy Vehicle Co., Ltd. (“Shandong Baoya”), was notified that the trial date for a lawsuit brought against Shandong Baoya by Yantai Public Transportation Co., Ltd. for an alleged default under a loan agreement was set for March 20, 2025. The plaintiff is seeking damages in the amount of RMB740,300,000 (approximately US$100 million). Shandong Baoya intends to vigorously defend itself in the lawsuit and explore options to settle with the plaintiff.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Chijet Motor Company, Inc. | ||
Date: February 26, 2025 | By: | /s/ Mu Hongwei |
Name: | Mu Hongwei | |
Title: | President and Chief Executive Officer |