Company: CENN
Filing Date: 2025-06-27
Form Type: DEF 14A
Source: 0001140361-25-023970
Chunk: 27

Company: Cenntro Inc.
Filing Date: 2025-06-27
Form: DEF 14A
Chunk 27
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 in a climate of responsibility, candor and integrity. The Board and Committees of the Board Audit Committee Our audit committee consists of Benjamin Ge, and Guangguang “Steve” Qin. Mr. Ge serves as the audit committee chairperson. The Board has determined that each member of the Audit Committee meets the requirements for independence and financial literacy under the current Nasdaq listing rules and SEC rules and regulations, including Rule 10A-3. In addition, the Board has determined that Mr. Ge qualifies as an “audit committee financial expert” within the meaning of Item 407(d) of Regulation S-K promulgated under the Securities Act. This designation does not impose any duties, obligations, or liabilities that are greater than are generally imposed on members of the audit committee and the Board. The audit committee is responsible for, among other things:

| • | selecting a qualified firm to serve as the independent registered public accounting firm to audit our financial statements; |

| • | helping to ensure the independence and overseeing the performance of the independent registered public accounting firm; |

| • | reviewing and discussing the scope and results of the audit with the independent registered public accounting firm and reviewing, with management and that firm, our interim and year-end operating results; |

| • | reviewing our financial statements and critical accounting policies and estimates; |

| • | reviewing the adequacy and effectiveness of our internal controls; |

| • | developing procedures for employees to submit concerns anonymously about questionable accounting, internal accounting controls, or audit matters; |

| • | overseeing our policies on risk assessment and risk management; |

| • | overseeing compliance with our code of business conduct and ethics; |

| • | reviewing related party transactions; and |

| • | approving or, as permitted, pre-approving all audit and all permissible non-audit services (other than de minimis non-audit services) to be performed by the independent registered public accounting firm. |

The audit committee operates under a written charter, which satisfies the applicable rules of the SEC and the listing standards of Nasdaq. All audit services to be provided to us and all permissible non-audit services, other than de minimisnon-audit services, to be provided to us by our independent registered public accounting firm will be approved in advance by the audit committee. The Board’s Role in Risk Oversight The Board oversees that the assets of the Company are properly safeguarded, that the appropriate financial and other controls are maintained, and that the Company’s business is conducted wisely and in compliance with applicable laws and regulations and proper