For the three months
ended March 31,

2025

2026

Net loss

$

(2,050,982

)

$

(8,962,290

)

Less: Net loss (income) attributable to non-controlling interests

471,748

(325,082

)

Net loss income attributable to shareholders of CBAK Energy Technology, Inc.

(1,579,234

)

(9,287,372

)

Weighted average shares outstanding -basic (note)

89,938,690

89,247,119

Dilutive unvested shares unit

-

Weighted average shares outstanding–- diluted

89,938,690

89,247,119

Loss per share

- Basic

$

(0.02

)

$

(0.10

)

- Diluted

$

(0.02

)

$

(0.10

)