Cenntro Electric shareholders vote for redomiciling from Australia to U.S.

Cenntro Electric Group Limited announced that Cenntro shareholders have voted in favor of the proposed scheme of arrangement in which Cenntro will redomicile from Australia to the United States , and under which Cenntro will become a wholly owned subsidiary of Cenntro a United States company incorporated in accordance with the laws of the State of Nevada for the purpose of effecting the Cenntro’s redomiciliation to the U.S. Cenntro is pleased to report the resolution to approve the Scheme as set out in the Notice of Meeting included within the scheme booklet that is contained within the Definitive Proxy Statement on Schedule 14A filed with the United States Securities and Exchange on December 15 was passed by the requisite majorities of Cenntro shareholders present at the scheme meeting held on Wednesday, January 24 pursuant to orders made by the Supreme Court of New South Wales, Australia.