Highest-materiality recent filing
CBAK Energy completes redomicile from Nevada to Cayman Islands; CBAT ticker unchanged
Redomicile merger effective June 23, 2026; each existing share converted into one ordinary share of CBAK Cayman.
Consolidated net revenues $69.62M (up 99.3% YoY); battery segment revenue $37.52M (up 84.3%).
Nasdaq notice: CBAT common stock failed to maintain minimum $1.00 bid price for 30 consecutive business days through Apr 29, 2026.
CBAK Energy reports full year 2025 net loss of $9.38M; Q4 revenue surges 132% to $58.8M
Full year net loss attributable to shareholders of $9.38M vs net income of $11.79M in 2024.
Shareholders approve redomicile merger to Cayman Islands; CBAT regains Nasdaq bid price compliance
Special Meeting held March 18, 2026; 50,274,880 shares (56.71%) present, quorum.
CBAK Energy holds 2025 annual meeting; reelects all director nominees, ratifies auditor
Quorum of 45,586,456 shares (51.42%) present at Dec. 29 meeting.
CBAK Energy Q3 revenue up 36.5% to $60.9M, net income jumps sharply to $2.65M
Q3 net revenues $60.92M, +36.5% YoY; net income $2.65M vs $17.6K (150-fold increase).
CBAK Energy receives Nasdaq delisting notice for bid price below $1.00
Nasdaq notified CBAK on Oct 1, 2025 of non-compliance with minimum $1.00 bid price rule.
CBAK Energy to redomicile from Nevada to Cayman Islands via merger; share conversion 1:1
CBAK Energy Technology (CBAT) will merge into its Cayman subsidiary, with the Cayman entity surviving as public company.
CBAK Energy Q2 2025 net loss $3.07M vs net income $6.45M; revenue down 15% YoY
Q2 net revenues $40.52M (-15% YoY); battery revenues $21.09M (-40.8% YoY).
CBAK Energy authorizes up to $20M share repurchase program over 12 months
Board approved repurchase of up to $20M of common stock; program ends May 20, 2026.
CBAK Energy Chairman Yunfei Li resigns; CFO Jiewei Li elected to board
Yunfei Li resigned as Board member and Chairman effective May 20, 2025, for personal reasons, no disagreement.
CBAK Energy Q1 net revenues down 41% YoY to $34.9M; net loss of $1.58M
Net revenues $34.9M, down 41% from $58.8M in Q1 2024; battery revenue fell 54.6% to $20.36M.
CBAK Energy swings to FY2024 net income of $11.79M from loss of $2.45M in 2023
Net income attributable to shareholders $11.79M vs net loss $2.45M in 2023; basic EPS $0.13 vs loss $(0.03).
CBAK Energy receives Nasdaq bid price deficiency notice; 180-day cure period until June 2025
Notice received Dec 26, 2024: closing bid below $1.00 for 30 consecutive business days through Dec 24.
CBAK Energy holds 2024 annual meeting; all director nominees elected, auditor ratified
Quorum of 47,920,922 shares (53.28%) was present at Dec. 6, 2024 annual meeting.
CBAK Energy Q3 net loss $0.2M; 9-month battery revenue up 18.4%, net income $16.3M
Q3 net loss $0.2M vs net income $6.3M a year ago; total revenue $44.6M, down 30% on maintenance shutdown.
CEO Yunfei Li resigns for retirement; Zhiguang Hu named CEO effective Oct 24, 2024
Yunfei Li resigned as CEO and President effective Oct 24, 2024, for personal reasons and planned retirement.
CBAK Energy posts Q2 net income of $6.45M vs year-ago loss; battery revenue up 60%
Q2 2024 net income attributable to shareholders of $6.45M ($0.07 EPS), vs net loss of $2.6M in Q2 2023.
CBAK Energy Q1 net revenue $58.8M (+38.7% YoY); battery net income $11.7M
Battery business revenue $44.8M (+51.5% YoY); gross margin 41.2% vs 10.9% a year ago.
CBAK Energy Q4 2023 battery revenue up 31% to $36.8M; gross margin 36%
Battery business net income of $6.6M in Q4 vs loss of $6.4M a year ago.
CBAK Energy regains Nasdaq minimum bid price compliance
Received September 27, 2023 deficiency notice for bid price below $1.00 for 30 consecutive days.
CBAK Energy annual meeting: all five proposals pass, including director elections and equity plan
Five directors elected: Yunfei Li, J. Simon Xue, Martha C. Agee, Jianjun He, Xiangyu Pei with strong support; broker non-votes ~12.4M.
CBAK Energy Q3 2023: battery revenue +71.5% YoY, net income $6.3M vs loss
Battery net revenues $44.3M (+71.5% YoY); gross margin 26.4% vs 8.7% YoY
CBAK buys 5% of BAK Power ($35.6M), enters battery recycling; Nasdaq warns on bid price
Nanjing CBAK to buy 5% stake in BAK Power for RMB260M ($35.6M); BAK Power to supply battery products and non-compete.
CBAK Energy CFO Xiangyu Pei resigns; Jiewei Li appointed as CFO and Secretary
Xiangyu Pei resigned as Interim CFO and Secretary effective Aug 22, 2023; remains as director and in finance dept.
CBAK Energy Q2 2023 net loss $2.6M, revenue down 24.7%; battery business revenue up 27.2% in H1
Q2 net revenues $42.4M, down 24.7% YoY; battery business net revenues $22.2M, down 13.5%.
CBAK Energy dismisses Centurion ZD CPA, appoints ARK Pro CPA as new auditor
Board dismissed Centurion ZD CPA & Co. effective July 18, 2023; appointed ARK Pro CPA & Co. for FY 2023.
CBAK Energy regains Nasdaq minimum bid price compliance; deficiency closed
Received Nasdaq letter on June 15, 2023 confirming compliance with Rule 5550(a)(2).
CBAK Energy reports Q1 net loss of $1.38M; battery sales surge 97% YoY
Net revenues from battery sales $29.60M, up 97.1% YoY; overall net revenues $42.40M, down 47.1% due to Hitrans raw materials decline.
Notice received April 24, 2023 for non-compliance with $1.00 minimum bid price (closing bid <$1.00 for 30 consecutive business days from Mar 10 to Apr 21, 2023).
CBAK Energy Q4 revenue +95.9% to $54.5M; net loss of $10.7M vs prior-year income
Q4 net revenues $54.46M (+95.9% YoY); full year $248.73M (+372.2% YoY).
CBAK Energy files 8-K/A to correct immaterial vote counts from 2022 annual meeting
Amendment corrects share vote numbers for director election and auditor ratification; outcome unchanged.
CBAK Energy stockholders elect five directors, ratify auditor at 2022 annual meeting
Quorum of 40,978,113 shares (46.05% of outstanding) represented at Dec 23, 2022 meeting.
CBAK Energy Q3 2022 revenue up 504% YoY to $57.7M; net loss narrows to $0.9M
Net revenues $57.7M, up 504% YoY from $9.6M; driven by lithium batteries and new materials segment from Hitrans acquisition.
CBAK Energy Q2 revenue up 857% to $56.4M; net income falls to $0.8M from $2.7M
Q2 net revenue $56.4M (+857% YoY); H1 net revenue $136.5M (+792% YoY).
CBAK Energy Q1 revenue surges 752% to $80.2M; net income falls to $0.4M from $29.6M
Net revenues $80.2M (+752% YoY) driven by Hitrans materials business and strong lithium battery demand.
CBAK Energy Q4 revenue $27.8M (+80% YoY); full-year net income $61.5M vs loss
Q4 net revenues $27.8M, up 80% YoY; FY revenue $52.7M, up 40% YoY.
CBAK acquisition target Hitrans shows FY2020 net income $17K, going concern risk
Hitrans FY2020 net revenue $84.5M, down 27% from $116.1M in FY2019.
CBAK Energy authorizes 10M shares of preferred stock via charter amendment
Filed Certificate of Amendment with Nevada on Dec 9, 2021, authorizing 10,000,000 shares of preferred stock, $0.001 par value.
CBAK Energy shareholders elect directors, ratify auditor, approve preferred stock authorization
Elected all five directors: Yunfei Li, J. Simon Xue, Martha C. Agee, Jianjun He, Xiangyu Pei with majority for votes.
CBAK Energy completes acquisition of 81.56% stake in battery materials supplier Hitrans
Total cash consideration of ~RMB40.74M ($6.31M) for 21.56% stake plus loan arrangement for additional 60%.
Nanjing plant commenced ops with initial capacity of 0.7 GWh for 32140 battery model targeting LEV and EV sectors.
CBAK Energy Q3 net income $20.0M on $23M warrant revaluation; battery revenue up 51% to $9.6M
Net revenue $9.6M; high-power lithium battery revenue $9.6M (+51% YoY); no raw material trades.
Director Guosheng Wang resigns; Xiangyu Pei appointed to board of CBAK Energy
Guosheng Wang resigned from the Board effective Sep 24, 2021 for personal reasons, no disagreement.
CBAK Energy Q2 swings to $2.7M net income; gross margin 18.6%
Q2 net revenues $5.9M, up 27% YoY; gross margin 18.6% vs 1.9% a year ago.
CBAK Energy to acquire 81.56% of Hitrans for ~$24.5M; aims to close Q3 2021
Total consideration RMB158.74M (~$24.5M) for 81.56% equity of Hitrans, a lithium battery material supplier.
the Board elected Mr. Jiewei Li, the Company’s Chief Financial Officer, as a new director of the Company, effective immediately.
On May 20, 2025, Mr. Yunfei Li advised the Board of Directors (the “Board”) of CBAK Energy Technology, Inc. (the “Company”) of his resignation as a member and the Chairman of the Board, effectively immediately.
On and effective October 24, 2024, Mr. Yunfei Li resigned as Chief Executive Officer and President of the Company.
On the same date, the Board of Directors of the Company appointed Mr. Zhiguang Hu as Chief Executive Officer and President of the Company.
On August 22, 2023, Ms. Xiangyu Pei resigned from her positions as the Interim Chief Financial Officer and Secretary of CBAK Energy Technology, Inc. (the “Company”), effectively immediately.
On August 22, 2023, the Board of Directors appointed Mr. Jiewei Li as the Chief Financial Officer and Secretary of the Company, effective immediately.
On September 24, 2021, Guosheng Wang advised the Board of Directors (the “Board”) of CBAK Energy Technology, Inc. (the “Company”) of his resignation as a member of the Board, effectively immediately.
On September 24, 2021, the Board elected Ms. Xiangyu Pei as a new director of the Company, effective immediately.
Max materiality 0.85 · Median 0.70 · Most common event earnings