CBAK Energy Technology, Inc. Receives Nasdaq Delisting Warning

CBAK Energy Technology, Inc. was notified by Nasdaq on April 30, 2026, that it is not in compliance with the minimum bid price requirement of US$1.00 per share. This determination was based on the closing bid price of the Company's common stock from March 18, 2026, to April 29, 2026. The notice has no immediate effect on the trading of the Company's stock on Nasdaq under the ticker "CBAT." CBAK Energy Technology has 180 days, until October 27, 2026, to regain compliance by having its stock price at or above US$1.00 for 10 consecutive business days. The company may be eligible for an additional 180-day grace period if it fails to meet the deadline. Failure to regain compliance could lead to delisting, with an option to appeal the decision.