Zhengye Biotechnology Holding Ltd. has announced a delay in filing its annual report on Form 20-F for the fiscal year ended December 31, 2024. The company received a delinquency letter from NASDAQ, notifying it of non-compliance with listing requirements due to this delay. Zhengye has 60 days to submit a compliance plan to regain compliance, potentially extending the deadline to November 11, 2025. The delayed filing currently has no immediate impact on the company's NASDAQ listing.
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