Company: CENN
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001140361-25-041657
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Company: Cenntro Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 4
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ITEM 4.
              
                CONTROLS AND PROCEDURES

          Evaluation of Disclosure Controls and Procedures

          We maintain disclosure controls and procedures (as defined in Roles 12a-15(e) or 15d-15(e) under the Exchange Act) designed to ensure that information required to be disclosed by us in the reports
            that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms and that such information is accumulated and communicated to our management, including
            our Chief Executive Officer (“CEO”) and acting Chief Financial Officer (“CFO”), as appropriate, to allow timely decisions regarding required disclosure.

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            Table of Contents

          Material Weaknesses in Internal Control over Financial Reporting

          There are inherent limitations on the effectiveness of any system of internal controls and procedures, including the possibility of human error and the circumvention or overriding of the controls
            and procedures. Accordingly, even effective internal controls and procedures can only provide reasonable assurance of achieving their control objectives.

          A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the
            annual or interim financial statements will not be prevented or detected on a timely basis.

          Our management, with the participation of our CEO and acting CFO, evaluated the effectiveness of our disclosure controls and procedures as of September 30, 2025, as required by paragraph (b) of
            Rules 13a-15 or 15d-15 under the Exchange Act. Based on this evaluation, management concluded that the Company’s disclosure controls and procedures was not effective as of September 30, 2025, due to material weaknesses in the Company’s internal
            control over financial reporting (as defined in Rules 13a-15(f) or 15d-15(f) under the Exchange Act) that have been previously identified but continue to exist. See Part II, Item 9A of the 2024 Form 10-K for additional information.

          Changes in Internal Control over Financial Reporting

          There have been no changes in our internal control over financial reporting that occurred during the second quarter of fiscal 2025 that have materially affected, or are reasonably likely to
            materially affect, the Company’s internal control over financial reporting.

          Remediation

          As previously described in Part II, Item 9A of our Annual Report on Form 10-K for the