China Carbon Neutral (1372) Reports Share Purchase by Substantial Shareholder

Bulletin Express
02/04

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited disclaim responsibility for the contents of the announcement referenced here, make no representation as to its accuracy or completeness, and expressly disclaim any liability for any loss arising from or in reliance upon the whole or any part of its contents.

China Carbon Neutral Development Group Limited (Stock Code: 1372) has announced that on 4 February 2026, a substantial shareholder, Mr. Sha Tao, acquired 600,000 ordinary shares of the company on the open market at an average price of approximately HK$1.06 per share. This purchase amounts to around 0.09% of the issued share capital. Following the transaction, Mr. Sha holds an aggregate interest in 161,065,000 shares, or about 23.86% of the total issued share capital.

The board of directors noted that this voluntary move indicates Mr. Sha’s confidence in the group’s long-term development outlook. Based on available information and to the best of the board’s knowledge, the company continues to maintain a sufficient public float.

Shareholders and potential investors are advised to exercise caution when dealing in the shares.

As of the date of the announcement, the board of China Carbon Neutral Development Group Limited is composed of Executive Directors Mr. Di Ling, Mr. Cheung Hiu Tung, and Mr. Lu Xiangyong; Non-Executive Directors Mr. Chen Yonglan (Chairman), Mr. Zhong Guoxing, and Mr. Geng Zhiyuan (with Mr. Chen Lei as his alternate); and Independent Non-Executive Directors Mr. Wang Jiasi, Mr. Cao Ming, and Ms. Qiao Yanlin.

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