C CARBONNEUTRAL: Substantial Shareholder Sha Tao Raises Stake to 16.56% Through HK$0.10 Million Market Purchase

Bulletin Express
06/23

On 23 June 2026, China Carbon Neutral Development Group Limited (“C CARBONNEUTRAL”) reported that substantial shareholder Sha Tao acquired 109,000 ordinary shares on the open market at an average price of HK$0.90 per share. The transaction is valued at approximately HK$0.10 million and represents about 0.01% of the company’s issued share capital.

Following the purchase, Sha Tao’s total holding increased to 162.41 million shares, equivalent to 16.56% of the company’s outstanding shares.

The board noted that the voluntary stake increase signals the shareholder’s confidence in the group’s long-term development prospects. The company confirmed that it continues to maintain sufficient public float as required by the Hong Kong Stock Exchange.

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

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