Core Viewpoint - Smart Share Global Limited has regained compliance with Nasdaq's minimum bid price requirement, indicating a positive turnaround for the company's stock performance [1][3]. Group 1: Compliance Notification - The company received a Compliance Notification from Nasdaq on May 22, 2024, confirming it has met the minimum bid price requirement of US$1.00 per share [1][3]. - Previously, the company was notified on June 22, 2023, that it was not in compliance due to its American Depositary Shares (ADSs) closing bid price being below US$1.00 for 30 consecutive business days [2]. - The company was initially given 180 calendar days to regain compliance, which was later extended for another 180 days until June 17, 2024 [2]. Group 2: Stock Performance - Nasdaq confirmed that the closing bid price of the company's ADSs was at or above US$1.00 for ten consecutive business days from May 8, 2024, to May 21, 2024 [3]. - The matter regarding compliance is now considered closed following this confirmation [3]. Group 3: Company Overview - Smart Share Global Limited, also known as Energy Monster, is the largest provider of mobile device charging services in China, holding the number one market share [4]. - The company operates a network of power banks available in various points of interest (POIs) such as entertainment venues, restaurants, and public spaces, with 9.2 million power banks deployed across 1,234,000 POIs in over 2,000 counties as of December 31, 2023 [4].

SHANGHAI, April 24, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the United States Securities and Exchange Commission (the "SEC") on April 24, 2024. The annual report can be accessed on the Company's investor relations website at https://ir.enmonster.com/ and on the SEC's website ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SE ...

Smart Share Global Limited (NASDAQ:EM) Q4 2023 Earnings Conference Call March 28, 2024 8:00 AM ET Company Participants Mars Cai - Chairman and Chief Executive Officer Maria Xin - Chief Financial Officer Hansen Shi - Director of Investor Relations Conference Call Participants Charlie Chen - China Renaissance. Operator Hello! And thank you for standing by for Energy Monster Fourth Quarter and Fiscal Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. Today's confere ...

SHANGHAI, China, March 11, 2024 (GLOBE NEWSWIRE) -- Smart Share Global Limited (NASDAQ:EM) ("Energy Monster" or the "Company"), a consumer tech company providing mobile device charging service, today announced that its Board of Directors approved a special cash dividend of US$0.015 per ordinary share, or US$0.03 per American Depositary Share ("ADS"), to holders of ordinary shares and holders of ADSs of record as of the close of business on May 31, 2024, U.S. Eastern Time, payable in U.S. dollars. Dividend t ...

Company Overview - Smart Share Global Limited, also known as Energy Monster, is a consumer tech company specializing in mobile device charging services [3] - The company operates the largest mobile device charging service network in China, with a leading market share [3] - As of September 30, 2023, the company had 8 7 million power banks deployed across 1,189,000 points of interest (POIs) in over 2,000 counties and county-level districts in China [3] Sustainability Campaign - Energy Monster launched a new power bank sustainability campaign aimed at enhancing the utilization of power banks by incentivizing users to recycle previously purchased power banks [1] - The campaign encourages users to return their power banks to Energy Monster's cabinets, which are equipped to assess the eligibility of returned power banks [2] - Users returning eligible power banks will receive mobile device charging service vouchers as an incentive [2] - The company has previously collected over 50,000 power banks through earlier versions of this campaign [3] Environmental Impact - Energy Monster's mobile device charging service has a net positive environmental impact by promoting power bank sharing and reducing individual ownership [1] - The company's sustainability campaign aligns with its founding principles of shared economy and environmental sustainability [3] - Energy Monster manages a distributed network of energy storage systems consisting of over 8 million power banks across China [3] Industry Leadership - Energy Monster is the industry leader in China's mobile device charging service market [3] - The company's extensive network and market share position it as a key player in driving sustainability initiatives within the industry [3]

What’s behind today’s pricey S&P valuation … history suggests buying today isn’t wise … but is the market really as expensive as it seems? … why stocks are more attractive than at first glanceWhat if stocks aren’t that expensive?What if they’re offering a 30% discount to the S&P’s average valuation over the last 30 years?If you’re a regular Digest reader, this likely raises an eyebrow.In recent months, we’ve looked at all sorts of valuation indicators suggesting that we’re in an expensive market. From the t ...

Commercial Real Estate Sector - The commercial real estate sector is facing significant challenges due to elevated refinancing costs resulting from Federal Reserve rate hikes, leading to potential defaults as property values and rental incomes decline [1][2] - Regional banks, which account for 67% of all commercial real estate lending, are particularly vulnerable to the fallout from defaults in this $20 trillion sector [1] Recent Bank Performance - New York Community Bancorp's decision to cut its dividend and increase reserves resulted in a 38% drop in its stock price, reaching a 23-year low, while Aozora Bank also experienced a significant decline of over 20% due to warnings about U.S. commercial property losses [2] Interest Rate Outlook - The commercial real estate sector urgently requires substantial interest rate cuts, but the current economic conditions suggest that the Federal Reserve is unlikely to make significant cuts in the near future [3][4] - Wall Street had previously anticipated rate cuts by March, but recent statements from Federal Reserve Chairman Jerome Powell indicate that such cuts are not forthcoming [3][4] Institutional Investor Behavior - Institutional investors have recently engaged in significant selling, marking the largest outflow from single stocks since 2015, with a focus on technology and discretionary stocks [5] - There is a notable shift in capital flows towards emerging market stocks, with a recorded inflow of $6.8 billion into these markets, particularly driven by China [6][7] Emerging Markets Valuation - Emerging markets are presenting more attractive valuations compared to U.S. stocks, with CAPE ratios significantly lower than that of the U.S., which stands at 31 [7] - The potential for a weakening dollar as the Fed cuts rates could further benefit emerging market stocks, making them an appealing investment option [7] Global Trade and Shipping Concerns - Ongoing conflicts in the Red Sea, particularly attacks by Houthi militants, are causing disruptions in trade routes and increasing shipping costs, which could have broader implications for consumer prices in the U.S. [10][11] - The National Retail Federation has reported a doubling of container prices, indicating a significant cost increase for affected cargo [11] Local Economic Impact - New York's congestion pricing plan is set to impose additional financial burdens on families, with daily driving taxes potentially reaching nearly $4,000 annually, reflecting the broader impact of inflation on everyday life [13][14]

Core Points - Smart Share Global Limited, also known as Energy Monster, has received approval from Nasdaq to transfer its listing from the Nasdaq Global Select Market to the Nasdaq Capital Market, effective December 22, 2023 [1] - The transfer follows a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as the closing bid price of the American depositary shares (ADSs) had been below US$1.00 for 30 consecutive business days [2] - Nasdaq has granted the company an additional 180-day period until June 17, 2024, to regain compliance with the minimum bid price requirement [3] Company Overview - Smart Share Global Limited is the largest provider of mobile device charging services in China, holding the number one market share [5] - The company operates a network of power banks available at various points of interest (POIs) such as entertainment venues, restaurants, and public spaces, with 8.7 million power banks deployed across 1,189,000 POIs in over 2,000 counties as of September 30, 2023 [5]

Smart Share Global Limited (NASDAQ:EM) Q3 2023 Earnings Conference Call November 27, 2023 8:00 AM ET Company Participants Hansen Shi - Director of Investor Relations Mars Cai - Chairman and Chief Executive Officer Maria Xin - Chief Financial Officer Conference Call Participants Victor Tang - Goldman Sachs Vicky Wei - Citi Charlie Chen - China Renaissance Operator Hello, and thank you for standing by for Energy Monster's 2023 Third Quarter Earnings Conference Call. At this time, all participants are in liste ...