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Kroger Named to Computerworld 2026 List of Best Places to Work in IT

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Thunder Power Holdings (OTCQB: AIEV) reported operational and strategic updates including advancement of a planned share exchange with Taiwan affiliate Electric Power Technology, approved by shareholders on June 26, 2025, at a ratio of 119 Thunder Power shares for every 100 TW shares (37,635,039 new shares issued for 31,626,082 TW shares, subject to closing conditions).

The company completed due diligence on acquiring 16 solar plants in Kaohsiung and Pingtung expected to add NT$24 million annual operating revenue, is evaluating EPC acquisitions, and is reviewing seven additional solar projects (300 kW–1.5 MW).

Q2 2025 results: no revenue, G&A $0.5M quarter ($1.3M six months), six-month net loss $1.3M, cash $97,454, and management noted substantial doubt about going concern following July 2025 Nasdaq delisting.

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Positive

  • Share exchange approved: 31,626,082 TW shares for 37,635,039 AIEV shares
  • Due diligence complete on 16 solar plants expected to add NT$24 million annual revenue
  • Reviewing seven solar projects sized 300 kW–1.5 MW
  • Evaluating EPC acquisitions to enable vertical integration of solar operations

Negative

  • No revenue reported in Q2 2025
  • Six-month net loss totaled $1.3 million
  • Cash on hand was $97,454 as of June 30, 2025
  • Management identified substantial doubt about the Company’s ability to continue as a going concern
  • Company securities were delisted from Nasdaq in July 2025, reducing market liquidity

News Market Reaction – AIEV

+16.86%
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+16.86% News Effect

On the day this news was published, AIEV gained 16.86%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CINCINNATI, Dec. 9, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR), today announced it has been named to Foundry's Computerworld 2026 Best Places to Work in IT. This year's recognition marks the eighth consecutive year Kroger's associates have been recognized by Computerworld for their innovative and industry-leading workplace culture. Kroger ranks No. 45 among large organizations on the Best Places to Work in IT list.

"Each and every day, our associates serve customers across the country, making it easier to shop for fresh, affordable food no matter how they are shopping with us – whether that be in a physical store or through our seamless ecommerce offerings," said Yael Cosset, Kroger's executive vice president & chief digital officer.

This particular distinction is a testament to our team's resiliency and commitment, navigating an ever-changing retail landscape with innovation, creativity, and passion. Our associates enable the company to stay competitive, equipping us to grow with our customers and meet them where they are."

Kroger focuses on building a culture where associates feel empowered to learn, grow and develop while contributing their unique ideas to solve some of the industry's toughest challenges.

"It's clear that AI is having a disruptive impact on IT operations and IT talent," says Barbara Call, global director of content strategy at Foundry. "This year's honorees demonstrate how organizations are proactively evolving their talent strategies to fill much-needed skills gaps and reskill existing staff to be more resilient and responsive to changing needs." 

The complete Computerworld 2026 Best Places to Work in IT list can be viewed here.

To learn more about pursuing a career at Kroger or apply for an open role visit: thekrogerco.com/careers.

About Kroger
At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: To Feed the Human Spirit™. We are, across our family of companies nearly 420,000 associates who serve over 11 million customers daily through a seamless digital shopping experience and retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities. To learn more about us, visit our newsroom and investor relations site.

FAQ

What did Thunder Power (AIEV) announce about the Taiwan share exchange on June 26, 2025?

Shareholders approved a share exchange at 119 AIEV shares per 100 TW shares, totaling 37,635,039 new AIEV shares for 31,626,082 TW shares, subject to closing conditions.

How much annual revenue would the 16 solar plants add to Thunder Power (AIEV)?

If acquired, the 16 solar power plants are expected to generate approximately NT$24 million of annual operating revenue.

What were Thunder Power’s (AIEV) key Q2 2025 financials and cash position?

Q2 2025 showed no revenue, G&A of $0.5M for the quarter ($1.3M six months), six-month net loss $1.3M, and cash of $97,454.

Why did Thunder Power (AIEV) say there is substantial doubt about its going concern?

Management cited limited liquidity, ongoing operating losses, recent Nasdaq delisting (July 2025), and uncertain access to capital markets.

What solar and clean-energy strategic moves is Thunder Power (AIEV) pursuing in Taiwan?

The company completed due diligence on 16 solar plants, is evaluating acquisitions of EPC solar providers, and is reviewing seven additional projects (300 kW–1.5 MW).

Could the Taiwan share exchange and solar acquisitions affect Thunder Power’s (AIEV) investor dilution?

The approved share exchange contemplates issuing 37,635,039 new AIEV shares in exchange for TW shares, which would increase outstanding share count if completed.
Thunder Power Holdings, Inc.

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