XML 45 R26.htm IDEA: XBRL DOCUMENT
v3.22.1

ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
ORGANIZATION AND PRINCIPAL ACTIVITIES [Abstract] |
Net Cash Proceeds from Reverse Recapitalization | The following table shows the net cash proceeds from the reverse recapitalization:
|  | Reverse recapitalization |
Cash - NBG |  | $ | 247,382,859 |
Less: transaction costs |  |  | (883,300 | )
Net cash contributions from reverse recapitalization |  | $ | 246,499,559 |
Significant Subsidiaries of Company | As of December 31, 2021, the Company’s subsidiaries are as follows giving effect to the Combination:
Name |  | Date of Incorporation |  | Place of Incorporation |  | Percentage of direct or indirect economic interest
Naked Brand Group, Inc. (“NBGI”) |  | July 27, 2012 |  | Nevada, U.S. |  | 100%
Naked Inc. |  | May 17, 2005 |  | Nevada, U.S. |  | 100% owned by NBGI
Cenntro Automotive Corporation (“CAC”) |  | March 22, 2013 |  | Delaware, U.S. |  | 100%
Cenntro Electric Group, Inc. (“CEG”) |  | March 9, 2020 |  | Delaware, U.S. |  | 100%
Cenntro Automotive Group Limited (“CAG HK”) |  | February 15, 2016 |  | Hong Kong |  | 100%
Simachinery Equipment Limited (“Simachinery HK”) |  | June 2, 2011 |  | Hong Kong |  | 100% owned by CAG HK
Zhejiang Cenntro Machinery Co., Limited |  | January 20, 2021 |  | PRC |  | 100% owned by CAG HK
Zhejiang Tooniu Tech Co., Limited |  | December 19, 2018 |  | PRC |  | 100% owned by CAG HK
Hangzhou Ronda Tech Co., Limited (“Hangzhou Ronda”) |  | June 5, 2017 |  | PRC |  | 100% owned by CAG HK
Hangzhou Cenntro Autotech Co., Limited (“Cenntro Hangzhou”) |  | May 6, 2016 |  | PRC |  | 100% owned by CAG HK
Zhejiang Sinomachinery Co., Limited (“Sinomachinery Zhejiang”) |  | June 16, 2011 |  | PRC |  | 100% owned by Simachinery HK
Shengzhou Cenntro Machinery Co., Limited (“Cenntro Machinery”) |  | July 12, 2012 |  | PRC |  | 100% owned by Cenntro Hangzhou
Hangzhou Hengzhong Tech Co., Limited |  | December 16, 2014 |  | PRC |  | 100% owned by Cenntro Hangzhou
Zhejiang Xbean Tech Co., Limited |  | December 28, 2016 |  | PRC |  | 100% owned by Sinomachinery Zhejiang

X
- Definition Tabular disclosure of net cash proceeds from the reverse recapitalization. + References No definition available. + Details
Name: | cenn_CashProceedsFromReverseRecapitalizationTableTextBlock
Namespace Prefix: | cenn_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition A tabular presentation of the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates, as prescribed by the SEC. It reflects specified information about ownership, financial results from, and financial position in such entities. Includes the tabular presentations that disaggregate investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates. + References No definition available. + Details
Name: | us-gaap_ScheduleOfInvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration