CBAK Energy completes redomicile from Nevada to Cayman Islands; CBAT ticker unchanged

CBAK Energy Technology, Inc.

Redomicile merger effective June 23, 2026; each existing share converted into one ordinary share of CBAK Cayman.
Ordinary shares listed on Nasdaq Capital Market under same ticker symbol 'CBAT'.
Business, operations, management, and facilities remain unchanged post-merger.
Redomiciliation intended to reduce recurring costs, simplify administration, and align legal structure with international business.
Company expects streamlined governance and greater flexibility for future corporate transactions.

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