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CBAK Energy Technology, Inc. — fact timeline

Source-grounded facts extracted from CBAK Energy Technology, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CBAT CBAK Energy Technology, Inc. JSON
Earnings Releases

CBAK Energy Technology, Inc. reported first quarter ended March 31, 2026 results: revenue $69.62 million.

“March 31, 2026. First Quarter of 2026 Financial and Operational Highlights 1. First Quarter Consolidated Net Revenues achieved an explosive 99.3% year-over-year growth, reaching $69.62 million, compared to $34.94 million in the same period of 2025. The strong sales momentum was driven by the gradual release of newly added production capacity as ramp-up progressed, as”
Listing & Compliance Notices

CBAK Energy Technology, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“April 30, 2026, CBAK Energy Technology, Inc. (the “Company”) received notice (the “Notice”) from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is currently not i”
Earnings Releases

CBAK Energy Technology, Inc. reported the fourth quarter ended December 31, 2025 results: revenue $58.80 million.

“Net revenues for the fourth quarter of 2025 were $58.80 million, representing a 131.8% increase compared to $25.37 million in the fourth quart”
Earnings Releases

CBAK Energy Technology, Inc. reported the full year ended December 31, 2025 results: revenue $195.19 million.

“pricing cycle has powerfully rebounded, acting as a critical counter-cyclical stabilizer for the Company’s consolidated top line. ● Full Year Consolidated Net Revenues reached $195.19 million, representing an 11% increase compared to $176.61 million in the fiscal year 2024. This top-line growth was primarily driven by a robust recovery in the battery raw materials”
Listing & Compliance Notices

CBAK Energy Technology, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“October 1, 2025, CBAK Energy Technology, Inc. (the “Company”) received notice (the “Notice”) from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of US$1.00 per share. Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on th”

Jiewei Li was elected as Director at CBAK Energy Technology, Inc..

“the Board elected Mr. Jiewei Li, the Company’s Chief Financial Officer, as a new director of the Company, effective immediately.”

Yunfei Li resigned as Chairman of the Board at CBAK Energy Technology, Inc..

“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.”
Listing & Compliance Notices

CBAK Energy Technology, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“December 26, 2024, CBAK Energy Technology, Inc. (the “Company”) received notice (the “Notice”) from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of US$1.00 per share. Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on”

Zhiguang Hu was appointed as Chief Executive Officer and President at CBAK Energy Technology, Inc..

“On the same date, the Board of Directors of the Company appointed Mr. Zhiguang Hu as Chief Executive Officer and President of the Company.”

Yunfei Li resigned as Chief Executive Officer and President at CBAK Energy Technology, Inc..

“On and effective October 24, 2024, Mr. Yunfei Li resigned as Chief Executive Officer and President of the Company.”
Earnings Releases

CBAK Energy Technology, Inc. reported financial results for the first quarter ended March 31, 2024.

“On May 10, 2024, CBAK Energy Technology, Inc. (the “Company”) released its unaudited results of operations for the first quarter ended March 31, 2024.”
Earnings Releases

CBAK Energy Technology, Inc. reported the full year ended December 31, 2023 results: revenue $133.0 million, net income $13.4 million.

“Full Year of 2023 Financial Highlights ● Net revenues from sales of batteries were $133.0 million, an increase of 40.4% from $94.7 million in 2022. - Net revenues from batteries used in light electric vehicles were $5.6 million, a decrease of 12.6% from $6.4 million in 2022. - Net revenues from batteries used in electric vehicles were $2.9 million, a decrease of 38.6% from $4.7 million in 2022. - Net revenues from residential energy supply & uninterruptible supplies were $124.5 million, an increase of 48.9% from $83.6 million in 2022. ● Gross margin for the battery business was 23.8%, an increase of 14.9 percentage points from 8.9% in 2022. ● Net income for the battery business was $13.4 million, compared to a net loss of $7.8 million in 2022.”
Earnings Releases

CBAK Energy Technology, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $36.8 million, net income $6.6 million.

“Fourth Quarter of 2023 Financial Highlights ● Net revenues from sales of batteries were $36.8 million, an increase of 30.9% from $28.1 million in the same period of 2022. - Net revenues from batteries used in light electric vehicles were $1.4 million, a decrease of 69.5% from $4.5 million in the same period of 2022. - Net revenues from batteries used in electric vehicles were $0.5 million, a decrease of 88.8% from $4.7 million in the same period of 2022. - Net revenues from residential energy supply & uninterruptible supplies were $35.0 million, an increase of 84.3% from $19.0 million in the same period of 2022. ● Gross margin for the battery business was 36.0%, an increase of 27.7 percentage points from 8.3% in the same period of 2022. ● Net income from the battery business was $6.6 million, compared to a net loss of $6.4 million in the same period of 2022.”
Shareholder Votes

CBAK Energy Technology, Inc. shareholders approved Advisory vote on frequency of say-on-pay (every three years) at the 2023-12-15 meeting.

“Proposal 5 : The frequency of "Every Three Years" received the highest number of votes cast from the Company’s stockholders. The votes regarding this proposal were as follows: Every Year Every Two Years Every Three Years Abstentions Broker Non-Votes 2,153,832 71,502 38,243,990 112,698 12,394,542”
Shareholder Votes

CBAK Energy Technology, Inc. shareholders approved Approval of compensation of Named Executive Officers (say-on-pay) at the 2023-12-15 meeting.

“Proposal 4 : The Company’s stockholders approved the compensation of its Named Executive Officers named in the proxy statement for the Annual Meeting. The votes regarding this proposal were as follows: Votes For Votes Against Abstentions Broker Non-Votes 39,406,370 1,107,980 71,817 12,390,397”
Shareholder Votes

CBAK Energy Technology, Inc. shareholders approved Approval of CBAK Energy Technology 2023 Equity Incentive Plan at the 2023-12-15 meeting.

“Proposal 3 : The Company’s stockholders approved the CBAK Energy Technology 2023 Equity Incentive Plan. The votes regarding this proposal were as follows: Votes For Votes Against Abstentions Broker Non-Votes 48,401,746 4,328,423 246,395 12,390,396”
Shareholder Votes

CBAK Energy Technology, Inc. shareholders approved Ratification of appointment of ARK Pro CPA & Co as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-12-15 meeting.

“Proposal 2: The Company’s stockholders ratified the appointment of ARK Pro CPA & Co as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The votes regarding this proposal were as follows: Votes For Votes Against Abstentions 48,401,746 4,328,423 246,395”
Shareholder Votes

CBAK Energy Technology, Inc. shareholders approved Election of five directors to serve until the 2024 annual meeting at the 2023-12-15 meeting.

“Proposal 1: The Company’s stockholders elected five directors to the Board of Directors of the Company to serve until the 2024 annual meeting of stockholders. The votes regarding this proposal were as follows: Votes For Votes Against Abstentions Broker Non-Votes Yunfei Li 39,629,202 868,698 88,268 12,390,396 J. Simon Xue 39,197,235 1,302,329 86,603 12,390,397 Martha C. Agee 38,920,619 1,575,709 89,839 12,390,397 Jianjun He 38,915,313 1,582,521 88,634 12,390,096 Xiangyu Pei 39,600,913 897,835 88,419 12,389,397”
Earnings Releases

CBAK Energy Technology, Inc. reported the third quarter ended September 30, 2023 results: revenue $63.4 million, net income $6.3 million, EPS $0.07.

“RMB33.58 million from Anker, one of the largest third-party accessories suppliers globally for Apple Inc.’s products. Third quarter of 2023 Financial Results Net revenues were $63.4 million, representing an increase of 9.9% compared to $57.7 million in the same period of 2022. This increase was primarily attributable to growth in the Company’s battery business.”
Material Agreements

CBAK Energy Technology, Inc. entered into Equity Transfer Agreement with Shenzhen BAK Battery Co., Ltd. valued at RMB260 million (approximately $35.57 million) (effective 2023-09-27).

“On September 27, 2023, Nanjing CBAK New Energy Technology Co., Ltd. (“Nanjing CBAK”), a wholly-owned subsidiary of CBAK Energy Technology, Inc. (the “Company”) in China, entered into an Equity Transfer Agreement (the “Equity Transfer Agreement”) with Shenzhen BAK Battery Co., Ltd. (“BAK Battery”), under which BAK Battery shall sell a five percent (5%) equity interest in Shenzhen BAK Power Battery Co., Ltd. (“BAK Power”) to Nanjing CBAK for a purchase price of RMB260 million (approximately $35.57 million) (the “Target Equity”).”

Jiewei Li was appointed as Chief Financial Officer and Secretary at CBAK Energy Technology, Inc..

“On August 22, 2023, the Board of Directors appointed Mr. Jiewei Li as the Chief Financial Officer and Secretary of the Company, effective immediately.”

Xiangyu Pei resigned as Interim Chief Financial Officer and Secretary at CBAK Energy Technology, Inc..

“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.”
Earnings Releases

CBAK Energy Technology, Inc. reported second quarter ended June 30, 2023 results: revenue Net revenues were $42.4 million, net income Net loss attributable to shareholders of CBAK Energy was $2.6 million.

“Second Quarter of 2023 Financial Results Net revenues were $42.4 million, representing a decline of 24.7% compared to $56.3 million in the same period of 2022.”
Auditor Changes

CBAK Energy Technology, Inc. engaged ARK Pro CPA & Co as its auditor.

“On July 18, 2023, the Board of Directors of the Company approved the appointment of ARK Pro CPA & Co (“ARK”) as its independent registered public accounting firm for the fiscal year ending December 31, 2023, subject to ARK’s completion of their client acceptance procedures.”
Auditor Changes

CBAK Energy Technology, Inc. dismissed Centurion ZD CPA & Co. as its auditor.

“On July 18, 2023, the Board of Directors of CBAK Energy Technology, Inc. (the “Company”) approved the dismissal of Centurion ZD CPA & Co. (“Centurion”) as independent registered public accounting firm of the Company, effective immediately.”
Earnings Releases

CBAK Energy Technology, Inc. reported first quarter ended March 31, 2023 results: revenue $42.40 million, net income $1.38 million, EPS $0.02.

“First Quarter of 2023 Financial Results Net revenues were $42.40 million, representing a decline of 47.1% compared to the same period in 2022. This decline was primarily attributable to a decrease in sales at Hitrans, our indirect majority-owned subsidiary engaged in the production and sale of battery raw materials, which was primarily caused by the falling prices of raw materials. Among these revenues, detailed revenues from our battery business are: Battery Business 2022 First Quarter 2023 First Quarter % Change YoY Net Revenues ($) 15,020,686 29,603,383 97.1 Gross Profits ($) 982,924 3,213,358 1787.0 Gross Margin 6.54 % 10.85 % - Net Revenues from Battery Business on Applications ($) Electric Vehicles 309 1,820,248 588,977 Light Electric Vehicles 88,764 1,968,057 2,117.2 Uninterruptable supplies 14,931,613 25,815,078 72.9 Total 15,020,686 29,603,383 97.1 Cost of revenues was $39.49 million, a decrease of 47.3% from $74.88 million in the same period of 2022. This decrease was primari”
Listing & Compliance Notices

CBAK Energy Technology, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“April 24, 2023, CBAK Energy Technology, Inc. (the “Company”) received notice (the “Notice”) from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of US$1.00 per share. Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the”
Earnings Releases

CBAK Energy Technology, Inc. reported financial results for the fourth quarter and full year ended December 31, 2022.

“On April 11, 2023, CBAK Energy Technology, Inc. (the "Company") released its unaudited results of operations for the fourth quarter and full year ended December 31, 2022.”
Shareholder Votes

CBAK Energy Technology, Inc. shareholders approved Ratification of the appointment of Centurion ZD CPA & Co. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022. at the 2022-12-31 meeting.

“Proposal 2: The Company’s stockholders ratified the appointment of Centurion ZD CPA & Co. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022. The votes regarding this proposal were as follows: Votes For Votes Against Abstentions 40,076,307 656,693 245,112”
Shareholder Votes

CBAK Energy Technology, Inc. shareholders approved Election of five directors to serve until the 2023 annual meeting of stockholders..

“Proposal 1: The Company’s stockholders elected five directors to the Board of Directors of the Company to serve until the 2023 annual meeting of stockholders. The votes regarding this proposal were as follows: Votes For Votes Against Abstentions Broker Non-Votes Yunfei Li 26,996,038 339,464 165,791 13,476,819 J. Simon Xue 26,890,800 501,777 108,715 13,476,820 Martha C. Agee 26,729,232 644,993 127,067 13,476,820 Jianjun He 26,712,874 678,754 109,663 13,476,821 Xiangyu Pei 26,733,745 639,895 127,652 13,476,820”
Shareholder Votes

CBAK Energy Technology, Inc. shareholders approved Ratification of appointment of Centurion ZD CPA & Co. as independent registered public accounting firm for fiscal year ending December 31, 2022 at the 2022-12-23 meeting.

“Proposal 2: The Company’s stockholders ratified the appointment of Centurion ZD CPA & Co. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022. The votes regarding this proposal were as follows: Votes For Votes Against Abstentions 40,094,475 656,693 226,945”
Shareholder Votes

CBAK Energy Technology, Inc. shareholders approved Election of Directors at the 2022-12-23 meeting.

“Proposal 1: The Company’s stockholders elected five directors to the Board of Directors of the Company to serve until the 2023 annual meeting of stockholders. The votes regarding this proposal were as follows: Votes For Votes Against Abstentions Broker Non-Votes Yunfei Li 26,996,038 339,464 164,891 13,477,720 J. Simon Xue 26,890,800 501,777 107,815 13,477,721 Martha C. Agee 26,729,232 644,993 126,167 13,477,721 Jianjun He 26,712,874 678,754 108,763 13,477,722 Xiangyu Pei 26,733,745 639,895 126,752 13,477,721”
Earnings Releases

CBAK Energy Technology, Inc. reported the third quarter of 2022 ended September 30, 2022 results: revenue $57.7 million, net income $290, EPS nil.

“Net revenues were $57.7 million, an increase of 504% from $9.6 million for the same period of 2021. This was driven mostly by strong sales of high-power lithium batteries as well as from sales of materials for use in manufacturing lithium battery, a new operating segment as a result of the acquisition of Zhejiang Hitrans Lithium Battery Technology Co., Ltd (“Hitrans”) in November 2021. The table below breaks down our net revenues by segment, and further breaks down the battery segment by end application and the materials segment by product type. Net Revenues by End-product Applications ($ thousands) 2021 Third Quarter 2022 Third Quarter % Change YoY Segment 1 High power lithium batteries used in: Uninterruptible supplies $ 9,335 $ 24,680 164 % Light electric vehicles 227 1,146 404 % Electric vehicles - 20 - Trading of raw materials used in lithium batteries - - - 9,562 25,846 170 % Segment 2 Materials for use in manufacturing of lithium battery cell Precursor - 20,681 - Cathode - 11,19”

Xiangyu Pei was elected as Director at CBAK Energy Technology, Inc..

“On September 24, 2021, the Board elected Ms. Xiangyu Pei as a new director of the Company, effective immediately.”

Guosheng Wang resigned as Director at CBAK Energy Technology, Inc..

“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.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.