FangDD Received Nasdaq Notification Regarding Minimum Bid Price Requirement

Shenzhen-based Fangdd Network Group Ltd. (Nasdaq: DUO) recently disclosed that it received a notification from The Nasdaq Stock Market LLC on July 22, 2026, stating that the Company is not meeting the minimum bid price requirement outlined in Nasdaq Listing Rule 5550(a)(2). This violation was due to the bid price of FangDD's Class A ordinary shares staying below US$1 per share for 30 consecutive business days from June 8 to July 21, 2026.