Schedule 13D Filing by Gimli Group Limited, Balentine Holdings Limited, and Xiuzhu Li
On December 3, 2025, Gimli Group Limited acquired 10,413,371 shares of CBAK Energy Technology, Inc. common stock as a gift from Yunfei Li. This transaction, valued at $0.00, resulted in Gimli Group Limited beneficially owning 11.7% of the outstanding shares. The filing indicates that Balentine Holdings Limited is the sole shareholder of Gimli Group Limited, and Xiuzhu Li is the sole shareholder of Balentine Holdings Limited, thus having indirect beneficial ownership. The Reporting Persons have not been involved in any criminal or civil proceedings in the last five years. No other transactions or agreements related to the Issuer's securities were made by the Reporting Persons within the past 60 days, other than the aforementioned gift. A Joint Filing Agreement was executed on December 19, 2025.