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Company Executives

Officer Age In this role Joined Pay Source
Raymond Z. Wang
Chief Executive Officer and President
41 Since 2019
7 years
Not stated Not reported
Chenyang Wang
Acting Chief Financial Officer
38 Since 2025
1 year
Not stated Not reported

Each officer opens the passage of the filing that names them. A title that changed since the list comes from the officer's latest Form 3, 4 or 5, and its start year is not stated there. "Not stated" means the filing does not say. Pay is the proxy's Summary Compensation Table, which reports only the named executive officers.

Directors
5
serving now
Independent
4 of 4
stated in the proxy; 1 not stated
Average tenure
4.4 years
from year joined
CEO also chairs the board
No
Peter Zuguang Wang
Director Age On board Independent Committees Other public boards 2024 pay Source
Peter Zuguang Wang
71 2019
6 years
Not stated None stated Cenntro Electric Group Limited $25,000
Bo (Frank) Shen
56 2020
5 years
Independent None stated None stated $25,000
Ming Zhao
49 2020
5 years
Independent
audit · Chair
None stated $25,000
Charles Athle Nelson
72 2020
5 years
Independent None stated None stated $25,000
Zheng He
57 2024
1 year
Independent
nominating and governance
None stated Not stated

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

9 disclosed in the proxy filed Dec 8, 2025
Cenntro Smart Manufacturing Tech. Co., Ltd.
Amount not stated
As of December 31, 2024

Employee wages paid by Cenntro Smart Manufacturing Tech. Co., Ltd. on the Company's behalf, recorded as a balance due to the related party.

With the Company Open in proxy
Zhuhai Hengzhong Industrial Investment Fund (Limited Partnership)
Amount not stated
As of December 31, 2024

Temporary borrowings from Zhuhai Hengzhong Industrial Investment Fund, recorded as a balance due to the related party.

With the Company Open in proxy
Zhuhai Hengzhong Industrial Investment Fund (Limited Partnership)
235,497
As of December 31, 2024

Loan receivable from Zhuhai Hengzhong Industrial Investment Fund with an annual interest rate of 4.785%.

With the Company Open in proxy
Cenntro Holding Limited
Under common control of Peter Zuguang Wang
Amount not stated
As of December 31, 2024

Dividend declared by Zhongchai Holding to Cenntro Holding Limited, with the unpaid balance recorded as due to the related party.

With Zhongchai Holding Open in proxy
Amount not stated
As of December 31, 2024

Payable to Peter Zuguang Wang for capital reduction due to the dissolution of Shanghai Hengyu Business Management Consulting Co., Ltd.

With Shanghai Hengyu Business Management Consulting Co., Ltd. Open in proxy
Xinchang County Jiuhe Investment Management Partnership (LP)
$5.21 million
As of December 31, 2024

Dividend of $4.7 million declared by Zhejiang Zhongchai, with a refund of $5.85 million on termination of investment; balance due to the related party as of December 31, 2024.

With Zhejiang Zhongchai Open in proxy
Xinchang County Jiuhe Investment Management Partnership (LP)
5,934,100
2024

Dividend payment declared by Zhejiang Zhongchai to Xinchang County Jiuhe Investment Management Partnership (LP).

With Zhejiang Zhongchai Open in proxy
Xinchang County Jiuhe Investment Management Partnership (LP)
495,071
2023

Dividend payment declared by Zhejiang Zhongchai to Xinchang County Jiuhe Investment Management Partnership (LP).

With Zhejiang Zhongchai Open in proxy
Xinchang County Jiuxin Investment Management Partnership (LP)
Under control of Mr. Mengxing He, the General Manger and one of the directors of Zhejiang Zhongchai Machinery Co. Ltd.
208,524
2023

Dividend payment declared by Zhejiang Zhongchai to Xinchang County Jiuxin Investment Management Partnership (LP).

With Zhejiang Zhongchai Open in proxy

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