China Carbon Neutral Development Group Raises HK$48 Million Through New Share Subscription

Reuters

Jan 21

China Carbon Neutral Development Group Raises HK$48 Million Through New Share Subscription

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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  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. Ch","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1594":"碳中和概念股","BK1600":"工业大麻","BK1144":"机动车零配件与设备","01372":"中国碳中和","BK1148":"建筑与工程"},"translate_title":"中国碳中和发展集团通过新股认购融资4800万港元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01372":0.9},"content_text":"China Carbon Neutral Development Group Raises HK$48 Million Through New Share Subscription\n    \n\n        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. 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