𝕏 _ Alex | $CENN - $GTEC

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𝕏 _ Alex | $CENN - $GTEC

𝕏 _ Alex | $CENN - $GTEC

@_X_Alex_

Cenntro $CENN | Greenland Technologies $GTEC

انضم Mart 2022
136 يتبع1.3K المتابعون
𝕏 _ Alex | $CENN - $GTEC
𝕏 _ Alex | $CENN - $GTEC@_X_Alex_·
#CENN #CENNTRO - $CENN Aug 15, 2025 | 8-K 🔽 ir.cenntroauto.com/node/8826/html On August 15, 2025, we held an annual meeting of our stockholders (the “Annual Meeting”) at which our holders of common stock voted on the following proposals, as set forth below, each of which is described in detail in our Definitive Proxy Statement on Schedule 14-A filed with the U.S. Securities and Exchange Commission on June 27, 2025. A total of 29,108,119 votes was present at our Annual Meeting which constitutes a quorum for the Annual Meeting. Each of the proposals described below was approved by our holders of common stock. PROPOSAL: To approve the election to our Board of Directors of four director nominees, each to serve a term expiring at the Annual Meeting of Stockholders in 2025 or until their successors are duly elected and qualified (the “Director Election Proposal”). Peter Z. Wang For - 23,224,310 Withhold - 546,618 Benjamin B. Ge For - 22,817,046 Withhold - 953,882 Gang “Gavin” Lin For - 23,224,173 Withhold - 546,755 Guangguang “Steven” Qin For - 23,223,682 Withhold - 547,246 PROPOSAL: To approve the ratification of the appointment of GGF CPA LTD as our independent registered public accounting firm for the fiscal year ending December 31, 2025 (the “Appointment Proposal”). For - 27,879,363 Against - 880,850 PROPOSAL: to approve the adjournment of the Annual Meeting if there are insufficient votes at the Annual Meeting to approve the Director Election or Appointment Proposals (the “Adjournment Proposal”). For - 27,499,102 Against - 1,453,825 —
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𝕏 _ Alex | $CENN - $GTEC
𝕏 _ Alex | $CENN - $GTEC@_X_Alex_·
#GreenlandTechnologies - $GTEC Quarterly Report | 10-Q 🔽 ir.gtec-tech.com/node/8266/html For the quarterly period ended: Jun 30, 2025 (Q2) — Entity Common Stock, Shares Outstanding: Aug 13, 2025 - 17,394,226 May 15, 2025 - 17,394,226 — Revenues -$21,719,786 Cost of goods sold -$15,969,005 Gross Profit -$5,750,781 — Cash & Cash equivalents Jun 30, 2025 -$4,575,645 -) $827,609 Mar 31, 2025 -$5,403,254 -) $1,255,888 Dec 31, 2024 -$6,659,142 -) $16,322,182 Dec 31, 2023 -$22,981,324 — Greenland Technologies reported Q2 2025 revenue of $21.7 million, down 5.6% year-over-year, primarily due to a $1.05 million decrease in electric industrial equipment sales in the U.S. market. Gross profit declined 15.1% to $5.75 million, with gross margin contracting to 26.5% from 29.4% in Q2 2024, impacted by lower sales volume and increased raw material costs. Operating expenses surged 189.6% to $8.07 million, mainly driven by $6.95 million in stock-based compensation from issuing 3.8 million shares to employees. R&D expenses decreased 60.5% to $0.44 million due to reduced research activities. The company recorded a net loss of $2.76 million compared to net income of $5.87 million in Q2 2024.
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𝕏 _ Alex | $CENN - $GTEC@_X_Alex_·
#CENN #CENNTRO - $CENN Quarterly Report | 10-Q 🔽 x.com/_X_Alex_/statu… For the quarterly period ended: Jun 31, 2025 (Q2) — Entity Common Stock, Shares Outstanding: Aug. 11, 2025 - 51,912,831 (+) - 21,046,217 May 15, 2025 - 30,866,614 —— 3 Months Ended Jun 30, 2025 Net revenues -$6,406,918 Cost of goods sold - $6,425,822 Gross ((LOSS)) Profit -$18,904 —— Cash & Cash equivalents Jun 30, 2025 -$5,992,986 -) $2,543,728 Mar 31, 2025 -$8,536,714 -) $4,010,454 Dec 31, 2024 -$12,547,168 -) $16,244,887 Dec 31, 2023 -$28,792,055 —— ECVs & iChassis Sold For the quarterly period ended: Jun 30, 2025 (Q2) Cenntro Sold: 430 ECVs & 29 iChassis 191 Avantier 69 Logistar 450 56 Logistar 100 53 Clubcar 21 Logistar 200 16 Seres 5 10 Metro 7 Antric 5 Logistar 210 1 Teemak 1 Logistar 400 — Cenntro. reported Q2 2025 revenue of $6.4 million, down 12.4% year-over-year, with vehicle sales accounting for 94.9% of total revenue. Cenntro sold 430 ECVs during the quarter, Gross margin turned negative at -0.3% compared to 21.6% in Q2 2024, primarily due to lower vehicle sales margins. Operating expenses decreased to $8.1 million from $8.7 million in Q2 2024, driven by reduced selling, marketing and R&D costs. The company recorded a net loss of $9.9 million compared to $9.2 million loss last year. Cash and equivalents stood at $6.0 million as of June 30, 2025, down from $12.5 million at year-end 2024. Cenntro is implementing a strategic shift in European operations, moving from direct sales to a centralized dealership distribution model. Management expects this transition to improve operational efficiency and reduce costs, while maintaining focus on core markets in North America and Asia. The company continues to invest in new ECV models and expanding its technology capabilities.
𝕏 _ Alex | $CENN - $GTEC tweet media𝕏 _ Alex | $CENN - $GTEC tweet media𝕏 _ Alex | $CENN - $GTEC tweet media
𝕏 _ Alex | $CENN - $GTEC@_X_Alex_

#CENN #CENNTRO - $CENN Quarterly Report | 10-Q 🔽 ir.cenntroauto.com/node/8821/html For the quarterly period ended: Jun 30, 2025 (Q2)

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Cenntro - Low Price (Latest #CENN #CENNTRO - $CENN Aug 04 -$0.4861 Aug 01 -$0.4910 Jul 31 -$0.5299 Jul 30 -$0.5310 Jul 29 -$0.5610 Jul 15 -$0.6151 Jul 08 -$0.6204 Jul 01 -$0.6711 Mar 03 -$0.6816
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#CENNTRO - $CENN #GreenlandTechnologies - $GTEC Jan 31 - Aug 04, 2025 #CENN 🟥 Aug 04 -$0.4861 Aug 01 -$0.4910 High/Low Price (Latest H Mar 10 -$1.0800 ⚠️ L Aug 04 -$0.4861 #GTEC 🟩 Aug 04 -$1.6000 Aug 01 -$1.5600 High/Low Price (Latest H Feb 07 -$2.4100 L Mar 21 -$1.2600
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𝕏 _ Alex | $CENN - $GTEC
Cenntro - Low Price (Latest #CENN #CENNTRO - $CENN Aug 01 -$0.4910 Jul 31 -$0.5299 Jul 30 -$0.5310 Jul 29 -$0.5610 Jul 15 -$0.6151 Jul 08 -$0.6204 Jul 01 -$0.6711 Mar 03 -$0.6816
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#CENNTRO - $CENN #GreenlandTechnologies - $GTEC Jan 31 - Aug 01, 2025 #CENN 🟥 Aug 01 -$0.4910 Jul 31 -$0.5299 High/Low Price (Latest H Mar 10 -$1.0800 ⚠️ L Aug 01 -$0.4910 #GTEC 🟥 Aug 01 -$1.5600 Jul 31 -$1.7000 High/Low Price (Latest H Feb 07 -$2.4100 L Mar 21 -$1.2600
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Cenntro - Low Price (Latest #CENN #CENNTRO - $CENN Jul 31 -$0.5299 Jul 30 -$0.5310 Jul 29 -$0.5610 Jul 15 -$0.6151 Jul 08 -$0.6204 Jul 01 -$0.6711 Mar 03 -$0.6816
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#CENNTRO - $CENN #GreenlandTechnologies - $GTEC Jan 31 - Jul 31, 2025 #CENN 🟥 Jul 31 -$0.5299 Jul 30 -$0.5310 High/Low Price (Latest H Mar 10 -$1.0800 ⚠️ L Jul 31 -$0.5299 #GTEC 🟩 Jul 31 -$1.7000 Jul 30 -$1.6900 High/Low Price (Latest H Feb 07 -$2.4100 L Mar 21 -$1.2600
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Cenntro - Low Price (Latest #CENN #CENNTRO - $CENN Jul 30 -$0.5310 Jul 29 -$0.5610 Jul 15 -$0.6151 Jul 08 -$0.6204 Jul 01 -$0.6711 Mar 03 -$0.6816
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#CENNTRO - $CENN #GreenlandTechnologies - $GTEC Jan 31 - Jul 30, 2025 #CENN 🟥 Jul 30 -$0.5310 Jul 29 -$0.5610 High/Low Price (Latest H Mar 10 -$1.0800 ⚠️ L Jul 30 -$0.5310 #GTEC 🟥 Jul 30 -$1.6900 Jul 29 -$1.7100 High/Low Price (Latest H Feb 07 -$2.4100 L Mar 21 -$1.2600
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Jul 22, 2025 | NEWS 🔽 ir.cenntroauto.com/news-releases/… #CENN #CENNTRO - $CENN Cenntro Signs Strategic Partnership Agreement with Electricove Maroc for EV Assembly in Morocco EV Models to be Assembled for Distribution within the Local and Northern African Markets Cenntro has signed a strategic partnership agreement with Electricove Maroc, an electric vehicle distribution company organized under the laws of the Kingdom of Morocco and headquartered in Casablanca (“Electricove”). Pursuant to the strategic partnership agreement, Electricove will assemble Cenntro’s electric vehicles (“EVs”) in Morocco for distribution within the local and Northern African markets. Electricove has served as a Cenntro distribution partner for several years. Under the terms of the strategic partnership agreement, Cenntro agrees to supply vehicle assembly kits to Electricove. In turn, Electricove agrees to establish a local assembly plant to assemble Cenntro EV models, including the Teemak and LS450. Cenntro also agrees to provide technical documentation, assembly training, and engineering support to assist Electricove in developing local assembly capabilities. Electricove has indicated to us that the initiative has received strong endorsement from both government authorities and business organizations within Morocco. “Cenntro’s collaboration with Electricove Maroc builds on a longstanding relationship with Electricove and represents a significant step in supporting EV deployment in the region,” said Peter Wang, Chairman and CEO of Cenntro. “We’re pleased to support Electricove with technical resources and expertise as they expand assembly operations.”
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#CENNTRO - $CENN #GreenlandTechnologies - $GTEC Jan 31 - Jul 15, 2025 #CENN 🟥 Jul 15 -$0.6151 Jul 14 -$0.6891 High/Low Price (Latest H Mar 10 -$1.0800 ⚠️ L Jul 15 -$0.6151 #GTEC 🟩 Jul 15 -$1.8800 Jul 14 -$1.8700 High/Low Price (Latest H Feb 07 -$2.4100 L Mar 21 -$1.2600
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Jul 15, 2025 | NEWS 🔽 ir.cenntroauto.com/news-releases/… Cenntro Announces Orders for 260 Newly Introduced #Logistar 210 #LS210 Model #CENN #CENNTRO - $CENN Recently Introduced Model Offers Significant Upgrades in Features, Technology and Quality Cenntro today announced it received 260 orders for its newly introduced Logistar® 210 (“LS210”) model during the first half of 2025. The LS210 is Cenntro’s next-generation model, designed to replace the previous LS200 with significant upgrades in features, technology, and overall quality. Since its official launch earlier this year, Cenntro has sold and fulfilled delivery for 12 LS210 units to customers in Europe. Orders for the LS210 have primarily been placed for fulfillment in the European and Southeast Asian markets. The LS210 is available in multiple configurations, including cargo van, passenger van, and cargo truck, making it adaptable for a wide range of commercial applications. LS210 is a versatile model suited for various operational needs,” said Peter Wang, Chairman and CEO of Cenntro. “We’re pleased with the strong response from customers across multiple regions.” The LS210 continues Cenntro’s commitment to providing purpose-built electric vehicles that meet the evolving needs of global commercial transportation.
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