NEW YORK, July 22, 2025 — Lucas GC Limited (NASDAQ: LGCL), an artificial intelligence (AI) technology-driven Platform-as-a-Service (PaaS) company whose technologies are applied across human resources, insurance, and wealth management, announced today that it has received a notification letter (“Compliance Notice”) from The Nasdaq Stock Market LLC’s (“Nasdaq”) Listing Qualifications Department. The letter, dated July 21, 2025, informed the company that it has regained compliance with the minimum bid price requirement outlined in Nasdaq Listing Rule 5550(a)(2) (“Minimum Bid Price Requirement”).

As previously disclosed, Nasdaq had notified the company on January 15, 2025, that its ordinary shares failed to maintain a minimum bid price of US$1.00 for 30 consecutive business days.

According to the Compliance Notice, the company achieved compliance with the Minimum Bid Price Requirement because the closing bid price of its ordinary shares remained at US$1.00 per share or higher for 20 consecutive business days, spanning from June 20, 2025, to July 18, 2025. This matter is now considered closed.

About Lucas GC Limited

Lucas GC Limited is an AI technology-driven PaaS company, possessing 19 granted U.S. and Chinese patents and over 75 registered software copyrights in AI, data analytics, and blockchain technologies. Its platform supports over 780,320 agents, with Lucas’ technologies implemented in the human resources and insurance industry sectors. For further details, please visit: https://www.lucasgc.com/.

Forward-Looking Statements

Statements within this press release regarding future expectations, plans, and prospects, as well as any statements that are not historical facts, may be considered “forward-looking statements.” Words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and similar expressions are used to identify forward-looking statements, although not all forward-looking statements include these terms. Actual results could differ materially from those indicated by such forward-looking statements due to various significant factors, including uncertainties related to market conditions. Any forward-looking statements in this press release are made only as of the date of this document, and Lucas GC Limited expressly disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise.

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