CBAK Energy completes redomiciliation to Cayman Islands from Nevada

• CBAK Energy completed a merger to redomicile its parent company from Nevada to the Cayman Islands, effective 8 a.m. PDT on June 23, 2026.
• Each common share converted into the right to receive one ordinary share of successor issuer CBAK Energy Technology Limited.
• Ordinary shares to trade on Nasdaq under CBAT, unchanged.
• Reorganization leaves operations unchanged; intended to cut recurring public-company costs, simplify administration, improve flexibility for future transactions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBAK Energy Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606231605PRIMZONEFULLFEED9750260) on June 23, 2026, and is solely responsible for the information contained therein.