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Cenntro Electric Group ( (CENN) ) has issued an announcement.
On December 22–23, 2025, Cenntro Inc. reported a boardroom change as independent director Gang “Gavin” Lin resigned from the board and its Audit Committee for personal reasons, with the company emphasizing that his departure did not stem from any dispute over its operations, policies or practices. To maintain board and audit oversight continuity, the company appointed veteran capital markets professional Charles Athle Nelson as an independent director and Audit Committee member effective December 23, 2025, granting him standard director compensation and indemnification and noting his long experience in equity and investment banking transactions and his independence under Nasdaq rules, a move that should help support Cenntro’s governance and capital markets interface.
The most recent analyst rating on (CENN) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Cenntro Electric Group stock, see the CENN Stock Forecast page.
Spark’s Take on CENN Stock
According to Spark, TipRanks’ AI Analyst, CENN is a Neutral.
Cenntro Electric Group’s overall stock score is primarily impacted by its weak financial performance and concerning valuation. The company faces significant financial challenges, with declining revenues and negative profitability metrics. Technical analysis indicates bearish momentum, further weighing on the stock. The negative P/E ratio highlights valuation concerns, making the stock less attractive to investors.
To see Spark’s full report on CENN stock, click here.
More about Cenntro Electric Group
Average Trading Volume: 8,627,778
Technical Sentiment Signal: Strong Sell
Current Market Cap: $12.81M
Learn more about CENN stock on TipRanks’ Stock Analysis page.