China Carbon Neutral Development Group Ltd. has announced a subscription of new shares under its general mandate, raising gross proceeds of HK$48 million. The company plans to use approximately 85% of the net proceeds, or HK$40.8 million, to enrich general working capital—including salaries, allowances, and operational overheads—while the remaining 15%, or HK$7.2 million, will be allocated for debt repayment. The subscription shares will be issued at a net price of HK$1.50 per share. Completion of the subscription is subject to certain conditions being fulfilled by 23 January 2026. Following the transaction, 96,592,000 shares will remain available for issuance under the general mandate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Carbon Neutral Development Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260121-11996976), on January 21, 2026, and is solely responsible for the information contained therein.