Company: CENN
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001140361-25-041657
Chunk: 75

Company: Cenntro Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part II, Item 8
Chunk 75
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100% owned by Cenntro Inc.     Zhejiang Sinomachinery Co., Limited (“Sinomachinery Zhejiang”) (2)     June 16, 2011     PRC     100% owned by Cenntro Inc.     Shengzhou Cenntro Machinery Co., Limited (“Cenntro Machinery”) (2)     July 12, 2012     PRC     100% owned by Cenntro Inc.     Cenntro EV Center Italy S.R.L. (3)     May 8, 2023     Italy     100% owned by Cenntro Inc.     Antric GmbH     August 21, 2020     Herne, Germany      100% owned by Cenntro Inc.     Pikka Electric Corporation     August 3, 2023     Delaware, U.S.      100% owned by Cenntro Inc.     Centro Technology Corporation     August 24, 2023     California, U.S.      100% owned by Cenntro Inc.     Hangzhou Hezhe Energy Technology Co., Ltd. (“Hangzhou Hezhe”)     July 1, 2021     PRC     80% owned by Cenntro Inc.   

        (1)  On March 6, 2025, Teemak Power Corporation changed its name to Bison Motors Inc.   

        (2)  On October 22, 2025 and November 12, 2025, Sinomachinery Zhejiang and Cenntro Machinery were deregistered, respectively.   

        (3)  The subsidiaries were scheduled for structured dissolution and were measured as held for sale operations.   

        (4)  On April 1, 2025, the other shareholder of Cenntro Electric CICS, SRL, Billy Rafael Romero Del Rosario increased his shareholding from 10 shares to 29,010 shares through additional capital distribution. As a result, the total number of issued shares in Cenntro Electric CICS, SRL increased from 1,000 to 30,000, reducing the Company’s equity interest from 99% to 3.3%. On April 24,