CN Energy Group. Inc. manufactures and supplies wood-based activated carbon in China. Its product is primarily used in pharmaceutical and industrial manufacturing, water purification, environmental protection, and food and beverage production markets. The company also serves activated carbon wholesalers and companies engaging in the activated carbon deep processing business. In addition, it produces and supplies biomass electricity generated in the process of producing activated carbon to State Grid Heilongjiang Electric Power Company Limited. The company was founded in 2018 and is based in Lishui, China.
IPO Year: 2021
Exchange: NASDAQ
Website: cneny.com
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LISHUI, China, Feb. 16, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ:CNEY) (the "Company"), a high-tech enterprise specializing in cogeneration of high-quality wood-activated carbon and clean energy, today announced the appointment of Steven Berman as its new Chief Executive Officer, effective immediately. This appointment follows a comprehensive global search. We believe Mr. Berman will bring a wealth of experience to the Company as the Chief Executive Officer, with over 28 years of leadership expertise in customer service, finance, sales and innovative technology. Mr. Berman is the founder of Berman Electronic Enterprises LLC ("BE Enterprises"), a private global enterprise in the se
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6-K - CN ENERGY GROUP. INC. (0001780785) (Filer)
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6-K - CN ENERGY GROUP. INC. (0001780785) (Filer)
LISHUI, China, Dec. 5, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ:CNEY) ("CNEY" or the "Company") today announced that it entered into Warrant Inducement Agreements with certain holders (each, a "Holder") of the Company's existing ordinary share purchase warrants issued in January 2023 (the "Existing Warrants"), covering up to an aggregate of 6,576,278 class A ordinary shares of the Company, no par value (the "Ordinary Shares"), pursuant to which (i) the exercise price of the Existing Warrants will be reduced from $1.4529 per share to $0.32 per share (the "Reduced Exercise Price") to the extent exercised by each Holder, and (ii) in exchange for each Holder's cash payment of the Reduc
LISHUI, China, Dec. 3, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that on November 26, 2024, the Company received a written notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, while the Company has not regained compliance with the minimum $1.00 bid price per share requirement (the "Minimum Bid Price Requirement"), Nasdaq has determined that the Company is eligible for an additional 180 calendar day period, or until May 27, 2025 (the "Second Compliance Period"), to regain compliance. Nasdaq's determination was based on (i) the Company meeting the continued listing requiremen
LISHUI, China, Oct. 11, 2024 /PRNewswire/ -- CN Energy Group. Inc. ((the ", Company", , NASDAQ:CNEY), today announced that on October 9, 2024, Company received a written notice from Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the minimum market value of publicly held shares ("MVPHS") requirement (the "MVPHS Requirement") under Nasdaq Listing Rule 5550(a)(5) (the "Rule"). The Company was previously notified by Nasdaq on September 6, 2024, that it was not in compliance with the MVPHS requirement because its Class A ordinary share had failed to maintain a MVPHS of $1,000,000 over the previous 30 consecut
LISHUI, China, Sept. 11, 2024 /PRNewswire/ -- CN Energy Group. Inc. ((the ", Company", , NASDAQ:CNEY), today announced that on September 6, 2024, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it is currently not in compliance with certain requirements under the relevant Nasdaq Listing Rules. The letter (the "MVPHS Deficiency Letter") notified the Company that, for the preceding 30 consecutive business days of the MVPHS Deficiency Letter, the Company's Class A Ordinary Shares (the "Class A Shares") did not meet the minimum $1,000,000 Market Value of Publicly Held Shares ("MVPHS") requirement for c
LISHUI, China, June 3, 2024 /PRNewswire/ -- CN Energy Group. Inc. ((the ", Company", , NASDAQ:CNEY) today announced that it received a written notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") on May 28, 2024. The Notice notifies that the Company is not in full compliance with the minimum bid price requirement set forth in Nasdaq Listing Rules for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive bus
LISHUI, China, April 4, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ:CNEY) (the "Company" or "CN Energy Group"), a high-tech enterprise specializing in cogeneration of high-quality wood-activated carbon and clean energy, today announced that Steven Berman, Chief Executive Officer of CN Energy Group, will participate in The Aegis Capital Corp 2024 Virtual Conference scheduled for Tuesday, May 7th, 2024, at 4pm Eastern Time. During the conference, Mr. Berman will be discussing the Company's current and future plans. He will also engage in a Q&A session to address inquiries from attendees. The conference will bring together a group of companies and key business partners, as well as featu
LISHUI, China, March 15, 2024 /PRNewswire/ -- CN Energy Group. Inc. (Nasdaq: CNEY) (the "Company" or "CN Energy Group"), a high-tech enterprise specializing in cogeneration of high-quality wood-activated carbon and clean energy, today announced that its wholly owned subsidiary, Zhejiang CN Energy New Materials Co., Ltd., has received a re-order to supply its high-quality wood-based activated carbon to an existing customer for application in the water purification industry. Wood-based activated carbon is widely used as an effective adsorbent in the water purification industry, mainly due to its unique properties, which provide a renewable and environmentally friendly solution for filtering
Preliminary revenue for the first three months of fiscal year 2024 is approximately equal to revenue for the first six months of fiscal year 2023 Committed to continually improve operations and cost structure, combined with a focus on product optimization and innovative commercial strategies that leverage the growth potential of the product portfolio, to expand margins, reduce losses and return to profitability LISHUI, China, Feb. 26, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ:CNEY) (the "Company" or "CN Energy Group"), a high-tech enterprise specializing in cogeneration of high-quality wood-activated carbon and clean energy, today announced certain preliminary financial information
LISHUI, China, Feb. 16, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ:CNEY) (the "Company"), a high-tech enterprise specializing in cogeneration of high-quality wood-activated carbon and clean energy, today announced the appointment of Steven Berman as its new Chief Executive Officer, effective immediately. This appointment follows a comprehensive global search. We believe Mr. Berman will bring a wealth of experience to the Company as the Chief Executive Officer, with over 28 years of leadership expertise in customer service, finance, sales and innovative technology. Mr. Berman is the founder of Berman Electronic Enterprises LLC ("BE Enterprises"), a private global enterprise in the se
LISHUI, China, Feb. 15, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ:CNEY) today announced its audited financial results for the fiscal year ended September 30, 2023 ("Fiscal 2023"). CNEY reported revenue of approximately $57.90 million for Fiscal 2023, marking a 44.0 percent increase compared to the fiscal year ended September 30, 2022 ("Fiscal 2022"). This increase was mainly due to an increase in the activated carbon sales, with 40,251 tons of activated carbon sold in Fiscal 2023, up by 39.2 percent from the previous year. Despite the revenue increase, CNEY faced a net loss of approximately $5.6 million, resulting in a loss per share of $0.10 for Fiscal 2023, compared to an earning
LISHUI, China, Feb. 12, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ:CNEY) (the "Company" or "CNEY") today announced the Company will host a conference call to discuss the second half-year and full-year 2023 financial results on February 16, 2024, at 5:30 PM ET. The Company's second half-year and full-year 2023 financial results are expected to be announced on February 15, 2024. Webcast:A live webcast of the conference call will be available via the investor conference call section of https://cneny.com/ or by accessing the webcast link directly at https://cneny.com/events/. About CN Energy Group. Inc.CN Energy Group. Inc. is currently listed on NASDAQ under the symbol of CNEY. With pa