Smart Powerr to execute 1-for-10 reverse stock split June 16

• Smart Powerr set a 1-for-10 reverse stock split to target compliance with Nasdaq’s minimum bid price rule.
• Shares held at the June 15 close consolidate into new shares; post-split trading starts June 16 under CREG.
• Fractional shares round up, cutting outstanding shares to about 2,750,000 from about 27,500,000.
• Options and warrants adjust to fewer shares with proportionately higher exercise prices; ownership percentages unchanged aside from rounding.
• Post-split common stock CUSIP: 168913507.

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. Smart Powerr Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-071170), on June 23, 2026, and is solely responsible for the information contained therein.