Weidai Regains Compliance with NYSE Minimum Price Requirement

HANGZHOU, China, March 1, 2022 /PRNewswire/ -- Weidai Ltd. (the "Company" or "Weidai") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced that it has regained compliance with the New York Stock Exchange (the "NYSE")'s continued listing standard for share prices, after it received a letter from the NYSE dated August 31, 2021.