Pingtan Marine Enterprise Ltd. Receives Nasdaq Notice of Additional Delinquency FUZHOU, China , May 28, 2021 |PRNewswire| -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME ), ("Pingtan," or the "Company"), a fishing company based in the People''s Republic of China , announced that it has received an additional delinquency notification letter from the Listing Qualifications Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") on May 25, 2021 , due to the Company''s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule") as a result of the Company''s failure to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 (the "Q1 Form 10-Q") with the Securities and Exchange Commission (the "SEC"). As previously disclosed, the Company received a notice from the Staff on April 15, 2021 regarding its non-compliance with the Rule following the Company''s delay in the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 (the "Form 10-K"). As per these notices, Pingtan shall submit a plan to Nasdaq on or before June 14, 2021 to regain compliance with respect to these delinquent reports.