Digital Currency X Technology Inc. engages in the design and development, production, sale, and after-sale service new energy vehicles and vehicle parts. in China. The company offers passenger vehicles, including small cars, sedans, and sports utility vehicles; and commercial vehicles, such as light trucks and vans. It also exports its products. The company was formerly known as Chijet Motor Company, Inc. and changed its name to Digital Currency X Technology Inc. in November 2025. The company was founded in 2009 and is based in Yantai, the People’s Republic of China.
Digital Currency X Technology Inc. Announces 160-for-1 Share Consolidation Effective September 28, 2026
Digital Currency X Technology (Nasdaq: DCX) will execute a 160-for-1 share consolidation effective 12:01 AM ET on September 28, 2026, cutting Class A shares outstanding from 375,387,811 to roughly 2,346,174.
Shares continue trading under the symbol DCX on a post-consolidation basis, with par value temporarily raised to US$0.016 before a subsequent capital reduction restores it to US$0.0001 and the prior US$300,000 authorized capital.
Notably, Series A and Series B warrants from the September 21, 2026 registered direct offering include a reset: the exercise price will be lowered to the lowest daily VWAP around the effective date, increasing the shares issuable and implying additional dilution beyond the proportionate adjustment.