CN Energy Group Inc. has entered into a framework agreement with the shareholders of Blessing Logistics Ltd., an oil trading company based in Alberta, Canada. Under the terms outlined, CN Energy Group would acquire approximately 82% of Blessing Logistics’ equity in exchange for its own Class A ordinary shares, with the total consideration expected to be around US$2.0 million. The agreement allows both parties to negotiate a definitive share purchase agreement within 60 days, with the potential for termination if no final agreement is reached. The proposed acquisition aims to provide CN Energy Group with a platform for expansion into the energy trading and upstream investment sectors, particularly in North America. Completion of the transaction remains subject to further negotiation, due diligence, and approvals.

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. CN Energy Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN74129) on January 29, 2026, and is solely responsible for the information contained therein.