---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-054093"
form_type: "8-K"
ticker: "CTNT"
cik: "0001951667"
company_name: "CHEETAH NET SUPPLY CHAIN SERVICE INC."
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:48:01.760735+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cheetah Net reports Q1 2024 vehicle sales drop 84% YoY to 13 units; revenue falls to $1.4M

## Summary
- Q1 2024 sold 13 vehicles vs 49 in Q4 2023 and 82 in Q1 2023; vehicle sales revenue $1.4M vs $10.2M YoY.
- Market for parallel-import luxury vehicles in PRC remains weak due to discounting by official brands and shift to domestic EVs.
- Company does not expect significant sales rebound in Q2 2024; shifting focus to warehousing/logistics via Edward Transit Express acquisition.

## SEC filing metadata
- accession: 0001104659-24-054093
- form_type: 8-K
- ticker: CTNT
- cik: 0001951667
- company_name: CHEETAH NET SUPPLY CHAIN SERVICE INC.
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1951667/000110465924054093/0001104659-24-054093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1951667/000110465924054093/tm2412999d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-054093
- JSON: https://secwatch.observer/filing/0001104659-24-054093.json
- Plain text: https://secwatch.observer/filing/0001104659-24-054093.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.