Smart Powerr Corp Expands Authorized Shares Significantly
Smart Powerr Corp (CREG) announced the approval of three key proposals during its Annual Meeting of Stockholders on September 22, 2025, including the election of five directors, the appointment of Enrome LLP as the independent auditor for 2025, and a significant increase in authorized shares from 10 million to 1 billion. This change may impact the company's capital structure. However, Spark's analysis indicates CREG is underperforming due to zero revenue, ongoing losses, and negative cash flow, despite low debt and some positive technical signals. Current market cap stands at $6.05M.
An announcement from Smart Powerr Corp ( (CREG) ) is now available.
On September 22, 2025, Smart Powerr Corp held its Annual Meeting of Stockholders, where three key proposals were voted on. The election of five directors to the Board, the appointment of Enrome LLP as the independent registered public accounting firm for 2025, and an amendment to increase the authorized shares of common stock from 10 million to 1 billion were all approved. This expansion of authorized shares could significantly impact the company’s capital structure and market strategy.
Spark’s Take on CREG Stock
According to Spark, TipRanks’ AI Analyst, CREG is a Underperform.
Smart Powerr Corp’s score reflects its challenging financial situation, with zero revenue and ongoing losses being significant concerns. While the company has low debt, its negative cash flow and lack of earnings growth are critical risks. Technical analysis provides some positive signals, but they are insufficient to offset fundamental weaknesses. The valuation further emphasizes the need for strategic changes to improve investor confidence.
To see Spark’s full report on CREG stock, click here.
More about Smart Powerr Corp
Smart Powerr Corp is a Nevada-based company with its principal executive offices in Xi’an City, Shaanxi Province, China. The company operates in the energy sector, focusing on providing innovative power solutions.
Average Trading Volume: 1,577,831
Technical Sentiment Signal: Sell
Current Market Cap: $6.05M
