UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~May~~June 1924, 2021

CHINA XD PLASTICS COMPANY LIMITED

(Exact name of registrant as specified in its charter)

Nevada

001-34546

04-3836208

(State or other jurisdiction
of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

No. 9 Dalian North Road, Haping Road Centralized Industrial Park, Harbin Development Zone, Heilongjiang Province, the PRC		150060
No. 9 Dalian North Road, Haping Road Centralized Industrial Park, Harbin Development Zone,Heilongjiang Province, the PRC		150060
(Address of principal executive offices)		(Zip Code)

(86) 451-8434-6600

(Registrant’s ~~Telephone~~telephone ~~Number~~number, ~~Including~~including ~~Area~~area ~~Code~~code)

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

[ ]

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		CXDC		Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§ 240.12b–2 of this chapter).

Emerging growth company [ ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

ITEM 3.01

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

On ~~May~~June 1924, 2021, China XD Plastic Company Limited (the “Company”) received a letter (the “Nasdaq Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it was ~~not~~no inlonger in compliance with ~~requirements~~ ofthe ~~Nasdaq~~minimum ~~Listing~~bid ~~Rule~~price ~~5250(c)(1)~~requirement as aset ~~result~~forth ofin ~~not~~Nasdaq ~~having~~Listing ~~timely~~Rule ~~filed its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2021~~ 5450(~~the “Form 10-Q”~~a)(1) ~~and because the Company has not yet filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2020~~ (the “~~Form~~Minimum ~~10-K~~Bid Price Requirement”).

~~The~~Nasdaq ~~Letter~~Listing ~~has~~Rule no5450(a)(1) ~~immediate~~requires ~~effect~~listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the Minimum Bid Price Requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the ~~listing~~closing orbid ~~trading~~price of the Company’s common stock onfor the ~~Nasdaq~~30 ~~Global~~consecutive ~~Market.~~business ~~The~~days ~~Letter~~prior to the date of the ~~states~~Nasdaq ~~that~~Letter, the Company isno ~~required~~longer tomeets ~~submit~~the aMinimum ~~plan~~Bid toPrice ~~regain~~Requirement. ~~compliance~~The ~~with~~Nasdaq ~~Rule~~Letter ~~5250(c)(1)~~has byno ~~June~~immediate ~~15,~~effect ~~2021.~~on If the ~~plan~~listing or istrading ~~accepted by~~of ~~Nasdaq,~~the ~~then~~Company’s ~~Nasdaq~~common ~~can~~stock ~~grant~~on the ~~Company~~Nasdaq upGlobal toMarket ~~180~~and, ~~calendar~~at ~~days~~this ~~from~~time, the ~~due~~common ~~date~~stock ofwill continue to trade on the ~~Form~~Nasdaq ~~10-K~~Global toMarket ~~regain~~under ~~compliance~~the symbol “CXDC.”

OnThe ~~May~~Nasdaq 27Letter provides that the Company has 180 calendar days, or until December 21, 2021 (the “Compliance Period”), to regain compliance with Nasdaq Listing Rule 5450(a)(1). To regain compliance, the Company’s ~~issued~~common stock must have a ~~press~~closing ~~release~~bid ~~announcing~~price of ~~its~~at ~~receipt~~least $1.00 per share for a minimum of ~~the~~10 ~~Letter~~consecutive business days. AIf ~~copy~~the Company does not regain compliance with the Minimum Bid Price Requirement by the end of the ~~press~~Compliance ~~release~~Period, isthen ~~attached~~under Nasdaq Listing Rule 5810(c)(3)(A)(i), the Company may transfer to The Nasdaq Capital Market, provided that it meets the applicable market value of publicly held shares requirement for continued listing as ~~Exhibit~~well as all other standards for initial listing of its common stock on the Nasdaq Capital Market (other than the Minimum Bid Price 99Requirement) and notifies Nasdaq of its intention to cure the deficiency during a second compliance period (by effecting a reverse stock split if necessary).1 Following a transfer to ~~this~~The ~~Current~~Nasdaq ~~Report~~Capital onMarket, ~~Form~~under 8Nasdaq Listing Rule 5810(c)(3)(A)(ii), the Company may be afforded an additional 180-Kdays ~~and~~to isregain ~~incorporated~~compliance ~~herein~~with bythe ~~reference~~Minimum Bid Price Requirement.

~~ITEM~~If ~~9.01~~the ~~Financial~~Company ~~Statements~~does ~~and~~not ~~Exhibits~~regain compliance with the Minimum Bid Price Requirement by the end of the Compliance Period (or the Compliance Period as may be extended) the Company’s common stock will be subject to delisting.

~~(d)~~The ~~Exhibits~~Company intends to monitor the closing bid price of its common stock and may, if appropriate, consider implementing available options, including, but not limited to, implementing a reverse share split of its outstanding common stock, to regain compliance with the Minimum Bid Price Requirement under the Nasdaq Listing Rules.

Exhibit No.		Description
99.1		Press release dated May 27, 2021

SIGNATURES

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.

Date: ~~May~~July 271, 2021

	CHINA XD PLASTICS COMPANY LIMITED

	By:	/s/ Jie HAN
	Name:	Jie HAN
	Title:	Chief Executive Officer

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