Smart Powerr Corp. receives Nasdaq deficiency notice for late 10-K filing

Smart Powerr Corp.

Nasdaq notified CREG on April 19, 2022 of non-compliance with Listing Rule 5250(c)(1) for failure to file 2021 Form 10-K on time.
Company has until June 20, 2022 to submit a plan to regain compliance; if accepted, extension possible until October 17, 2022.
The notification has no immediate effect on the listing of CREG's common stock on the Nasdaq Capital Market.
CREG attributes the delay to undue burden and hardship caused by COVID-19 in the PRC, as previously disclosed on April 15, 2022.

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