C CARBONNEUTRAL (01372) Announces EcoRise Solutions Investment, Plans to Issue 40.00 million New Shares

Bulletin Express
03/08

China Carbon Neutral Development Group Limited (C CARBONNEUTRAL, 01372) has entered into an investment agreement dated 6 March 2026 with EcoRise Solutions Company Limited. EcoRise Solutions will subscribe for 40.00 million new shares, representing approximately 5.59% of the enlarged share capital, subject to final confirmation. According to the announcement dated 8 March 2026, the net proceeds are intended for carbon neutral business expansion, green technology research and development, project investment, and working capital.

The company states that EcoRise Solutions, as a cornerstone investor with a focus on AI-driven environmental governance, is expected to enhance the group’s capabilities in water ecosystem AI governance, introduction of intelligent environmental solutions, and data-driven carbon asset development. The agreement remains subject to approvals by the Listing Committee and other customary conditions.

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