Smart Powerr receives Nasdaq delinquency notice for late 10-K and 10-Q filings

Smart Powerr Corp.

Nasdaq notified CREG on May 20, 2022 of failure to file FY2021 10-K and Q1 2022 10-Q under Listing Rule 5250(c)(1).
Company must submit a compliance plan by June 20, 2022; if accepted, extension possible until October 17, 2022.
Delays attributed to COVID-19 impact in China, as previously disclosed in Form 8-K on April 15, 2022.
Notice has no immediate effect on Nasdaq Capital Market listing; shares continue trading under CREG.

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