tiprankstipranks
Trending News
More News >

Cenntro Electric Group Appoints New Independent Director

Story Highlights
Cenntro Electric Group Appoints New Independent Director

Confident Investing Starts Here:

Cenntro Electric Group ( (CENN) ) has issued an update.

On May 31, 2025, Cenntro Electric Group announced the resignation of Mr. Jiawei “Joe” Tong from the board of directors and various committees, with no disagreements cited. The board appointed Mr. Guangguang “Steve” Qin as an independent director to fill the vacancy, bringing over 30 years of investment management experience in finance, technology, and healthcare sectors.

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 influenced by its financial performance challenges, particularly ongoing profitability and cash flow issues. The technical analysis suggests some potential for price correction, but valuation remains a concern due to negative earnings. The absence of earnings call and corporate events data limits further insights into future prospects.

To see Spark’s full report on CENN stock, click here.

More about Cenntro Electric Group

Average Trading Volume: 141,347

Technical Sentiment Signal: Sell

Current Market Cap: $26.57M

Learn more about CENN stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App