Smart Powerr Corp. Announces Effective Date of Reverse Stock Split

XI’AN, China, June 08, 2026 (GLOBE NEWSWIRE) -- Smart Powerr Corp. (Nasdaq: CREG) (“CREG” or “the Company”), today announced that it has resolved to effect a reverse stock split of the Company’s outstanding common stock, par value $0.001 per share (the “Common Stock”) with the split ratio set at 1-for-10 (the “Reverse Stock Split”).