[SCHEDULE 13G/A] CBAK Energy Technology, Inc. SEC Filing
Dawei Li filed an amendment to Schedule 13G reporting beneficial ownership of 3,733,359 shares of CBAK Energy Technology, Inc. common stock, representing approximately 4.21% of the company's outstanding shares based on 88,645,836 shares outstanding as of September 17, 2025. The filing states the shares are owned with sole voting and dispositive power and were not acquired for the purpose of changing or influencing control of the issuer. The filing lists Dawei Li’s citizenship as China and provides a China address for both the issuer and the reporting person.
- Transparent disclosure of a 4.21% ownership position by the reporting person
- Sole voting and dispositive power clearly stated, simplifying ownership and control assessment
- Certification that the shares were not acquired to influence control indicates no stated activist intent
- None.
Insights
TL;DR: A 4.21% disclosed stake by an individual investor; below the 5% reporting threshold for more intensive disclosure and appears non-control.
The filing reports 3,733,359 shares owned outright with sole voting and dispositive power. Because the stake is 4.21%, it falls under the category of 5% or less ownership noted in the form, which typically signals a passive, non‑control position. The filer explicitly certifies the shares were not acquired to influence control. For investors, this is a transparency disclosure rather than an indication of strategic control or imminent governance change.
TL;DR: Reported ownership is material for record-keeping but does not imply control or trigger enhanced governance concerns.
All reported shares are held with sole voting and dispositive authority by the reporting person, simplifying the ownership picture. The certification language affirms no intent to change control. From a governance perspective, filings at this level require monitoring but do not, by themselves, indicate activist intent, board influence, or a need for defensive corporate actions.