CN ENERGY GROUP Inc (OQ:CNEY)
Business Focus: Commodity Chemicals
Apr 04, 2024 09:00 am ET
CN Energy Group. Inc. to Present at The Aegis Capital Corp 2024 Virtual Conference
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.
Apr 02, 2024 03:52 pm ET
Steven Berman, CN Energy Group, is Featured in an Interview with SmallCapsDaily
CEO, Steven Berman, Dives into Transforming Waste into Profitable Renewable Energy
Feb 26, 2024 07:30 am ET
CN Energy Group Provides Preliminary Unaudited Financial Information for the First Three Months of Fiscal Year 2024 and Announces an Operations Update
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
Feb 16, 2024 08:00 am ET
CN Energy Group. Inc. Appoints Steven Berman as the Chief Executive Officer
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.
Feb 15, 2024 10:05 pm ET
CNEY Released Its Audited Financial Results for Fiscal Year 2023
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.
Feb 12, 2024 03:05 pm ET
CNEY Will Host a Conference Call on February 16, 2024
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.
Feb 08, 2024 08:31 am ET
Thinking about buying stock in Foghorn Therapeutics, Oscar Health, Eli Lilly And Co, Palo Alto Networks, or CN ENERGY GROUP?
NEW YORK, Feb. 8, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for FHTX, OSCR, LLY, PANW, and CNEY.
Feb 02, 2024 03:05 pm ET
CNEY Regains Compliance with Nasdaq Minimum Bid Price Requirement
LISHUI, China, Feb. 2, 2024 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) today announced that on February 2, 2024, it received notification from the Nasdaq Office of General Counsel stating that the Company had regained compliance with the bid price requirement as set forth in Listing Rule 5550(a)(2). As a result, the scheduled hearing before the Hearings Panel on March 26, 2024 had been canceled and the matter was closed. The Company's Class A ordinary shares will continue to be listed and traded on The Nasdaq Capital Market under the ticker "CNEY."
Jan 05, 2024 04:00 pm ET
CN Energy Group. Inc. Announces Nasdaq Delisting Notification and Intends to Appeal
LISHUI, China, Jan. 5, 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 that it received a letter from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") on December 29, 2023. This letter stated that, because the Company's securities had a closing bid price of $0.10 or less for ten consecutive trading days as of the letter date, unless the Company timely requested a hearing before a Hearings Panel (the
Jul 24, 2023 08:30 am ET
CNEY Receives NASDAQ Minimum Bid Price Requirement Extension
LISHUI, China, July 24, 2023 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that on July 13, 2023, it received notification from The Nasdaq Stock Market LLC ("NASDAQ"), confirming that the Company had been granted an additional 180 calendar day period, or until January 8, 2024, to regain compliance under NASDAQ's minimum bid price requirement. To regain compliance, the bid price for the Company's Class A ordinary shares will need to close at $1.00 or more for a minimum of 10 consecutive business days by January 8, 2024.
May 17, 2023 08:30 am ET
CNEY Awarded License Renewal to Process and Sell Wood Products; Expects to Enhance Operating Efficiencies
LISHUI, China, May 17, 2023 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that its wholly-owned subsidiary, Greater Khingan Range Forasen Energy Technology Co., Ltd. Tahe Biopower Plant ("Tahe Biopower Plant"), has recently received a renewed business license with authorization to process and sell timber products. The license will be mostly used by the Tahe Biopower Plant located at the Greater Khingan Range in Northeast China.
Mar 20, 2023 08:30 am ET
CNEY Wins a Large Activated Carbon Order
LISHUI, China, March 20, 2023 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY", or the "Company") today announced that its wholly-owned subsidiary, Zhejiang CN Energy New Materials Co., Ltd., has recently signed a contract to supply its high-quality wood-based activated carbon to a buyer for direct application in the pharmaceutic industry. The order size is RMB5.76 million, equivalent to approximately US$0.84 million. The goods sold will be delivered before March 31, 2023.
Feb 01, 2023 11:25 am ET
Aegis Capital Corp. Acted as Sole Bookrunner on a $10 Million Underwritten Public Offering for CN Energy Group Inc. (NASDAQ:CNEY)
NEW YORK, NY / ACCESSWIRE / February 1, 2023 / Aegis Capital Corp. acted as Sole Bookrunner on a $10 Million Underwritten Public Offering for CN Energy Group Inc. (NASDAQ:CNEY).
Feb 01, 2023 08:59 am ET
CN Energy Group. Inc. Announces Closing of $10 Million Underwritten Public Offering
LISHUI, China, Feb. 1, 2023 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY", or the "Company") today announced the closing of its previously announced underwritten public offering. The gross proceeds to the Company were approximately $10 million, before deducting underwriting discounts and other expenses payable by the Company. The offering consisted of 18,183,274 units/pre-funded units consisting of (a) one Class A ordinary share (or one pre-funded warrant to purchase one Class A ordinary share in lieu thereof) and (b) one warrant to purchase one Class A ordinary share (the "Wa
Jan 30, 2023 08:24 am ET
CNEY Announces Pricing of $10 Million Underwritten Public Offering
LISHUI, China, Jan. 30, 2023 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY", or the "Company") today announced the pricing of an underwritten public offering with gross proceeds to the Company expected to be approximately $10 million, before deducting underwriting discounts and other expenses payable by the Company. The offering consists of 18,183,274 units/pre-funded units consisting of (a) one Class A ordinary share (or one pre-funded warrant to purchase one Class A ordinary share in lieu thereof) and (b) one warrant to purchase one Class A ordinary share (the "Warrants") at
Jan 27, 2023 04:37 pm ET
CNEY Announces Proposed Underwritten Public Offering of Securities
LISHUI, China, Jan. 27, 2023 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY", or the "Company") today announced that it intends to offer its securities in a public offering. All of the securities are being offered by CNEY. In addition, CNEY intends to grant the underwriter in the offering a 45-day option to purchase up to an additional 15% of the securities offered in the offering at the public offering price, less underwriting discounts. The Company intends to use the net proceeds from this offering for general corporate purposes, including, but not limited to, working capital
Jan 27, 2023 04:15 pm ET
CNEY Reports Its Audited Financial Results for Fiscal Year 2022
LISHUI, China, Jan. 27, 2023 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) today reported to the public its audited annual financial statements for the fiscal year ended September 30, 2022 (FY2022). It is worthwhile to note that, while facing macroeconomic challenges and supply chain uncertainties caused by the COVID-19 pandemic, CNEY succeeded in more than doubling its total sales revenues, which increased from approximately $19.8 million in FY2021 to approximately $40.2 million in FY2022. Consequently, CNEY's net income increased by 72% from approximately $1.3 million in FY2021 to a
Jan 27, 2023 07:30 am ET
CNEY Entered the Drinkable Water Market with a Large Order
LISHUI, China, Jan. 27, 2023 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) today announced that its wholly owned subsidiary, Zhejiang CN Energy New Materials Co., Ltd., had recently obtained a first order to supply high-quality wood-based activated carbon directly to a producer of potable water. The order size is RMB6.486 million, equivalent to approximately US$0.956 million. This is another significant milestone for CNEY after it was awarded in October 2022 the permit to sell to end-users in the vast and fast-growing drinkable water market under its own brand names. This order exempl
Jan 23, 2023 07:30 am ET
CN Energy Establishes its U.S. Headquarters to Expand Its Biochar and Wood-based Activated Carbon Businesses in Global Markets
LISHUI, China, Jan. 23, 2023 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that it had established its United States headquarters in Washington D.C. to accelerate its biochar and wood-based activated carbon businesses in North and South America. As a concrete step toward implementing its globalization strategy, CNEY will collaborate with partners in the United States, Canada, Brazil, and Mexico to establish a marketing network to facilitate specific client needs. It will also seek opportunities to localize production processes to minimize long
Jan 17, 2023 07:30 am ET
CNEY Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
LISHUI, China, Jan. 17, 2023 /PRNewswire/ -- CN Energy Group. Inc. (the "Company"; NASDAQ: CNEY) today announced that it received a written notice (the "Notification Letter") from The NASDAQ Stock Market LLC ("Nasdaq") on January 13, 2023. The Notification Letter 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.
Nov 25, 2022 06:00 am ET
CN Energy Group. Inc. has Upgraded its 6G Gasification Reactors
LISHUI, China, Nov. 25, 2022 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) today announced that its 6th-generation gasification reactors (FLS-VI) have been formally and smoothly put into full operation at its Tahe Factory, after completing all acceptance checks on design requirements and passing all tests on safety, efficiency and reliability. This is a crucial achievement of CNEY's own R&D team that started in May 2020 to revamp and optimize its 5th-generation gasification reactors (FLS-V). The first prototype of FLS-VI was built and installed in September 2021. This was followed
Nov 14, 2022 06:00 am ET
CN Energy Group. Inc. Has Obtained the Permit to Directly Sell to Drinkable Water Markets
LISHUI, China, Nov. 14, 2022 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) today announced that its wholly-owned subsidiary, Zhejiang CN Energy New Material Co., Ltd. has recently been awarded an official permit to sell its wood-based activated carbon products directly to domestic drinking water markets, after satisfying all increasingly more stringent requirements on safety and environmental protection. This is a significant milestone for CNEY to expand its business networks, reinforce its competitive strength and enhance its revenue sources. With such a permit, CNEY can now provide
Feb 10, 2022 07:00 am ET
CN Energy Named High-Technology Enterprise
LISHUI, China, Feb. 10, 2022 /PRNewswire/ -- CN Energy Group. Inc. (the "Company") today announced it was named an official High-Technology Enterprise by China's Ministry of Science and Technology. The prestigious government designation recognizes the Company's record of successful innovation leadership, and its alignment with the Chinese government's R&D, investment and growth policies. As a High-Technology Enterprise, CN Energy will receive certain tax concessions and is entitled to apply to receive preferential treatment and financial incentives and other economic benefits.
Jan 31, 2022 07:00 am ET
CN Energy's Subsidiary Completes New Manufacturing Facility
LISHUI, China, Jan. 31, 2022 /PRNewswire/ -- CN Energy Group. Inc. (the "Company") today announced the completion of a new manufacturing facility by its wholly-owned subsidiary, Zhejiang CN Energy New Materials Co., Ltd. The new facility is expected to add 2,600 square meters of production capacity when brought online after receipt of necessary environment and safety permits in April 2022. The completion of the plant marks the Company's formal entry into the water-wading charcoal market, which is expected to significantly increase its product diversity, opportunities for market share, reven
Jan 18, 2022 07:00 am ET
CN Energy Signs Operation & Management Agreement; Enters Multi-Billion Dollar Pharmaceutical Excipients Market
LISHUI, China, Jan. 18, 2022 /PRNewswire/ -- CN Energy Group. Inc. (the "Company") today announced that its subsidiary Hangzhou Forasen Technology Co., Ltd. signed an operation and management ("O&M") agreement (the "Agreement") with HuaiNan JiaHe New Materials Co., Ltd. ("JiaHe") and JiaHe's activated carbon subsidiary, NingGuo ZheWanZhenHua Activated Carbon Industry Co., LTD. ("ZhenHua"). Under the Agreement, the Company will be fully responsible for the operation, production, sales and management of ZhenHua and receive a quarterly management fee.
Nov 10, 2021 07:30 am ET
CN Energy Expands into Multi-Billion Dollar Water Purification Market
LISHUI, China, Nov. 10, 2021 /PRNewswire/ -- CN Energy Group. Inc. (the "Company"), a China-based manufacturer and supplier of wood-based activated carbon and a producer of biomass electricity, today announced plans to expand into the multi-billion dollar water purification market. The global water purification market is projected to grow from $29.12 billion in 2021 to $47.53 billion in 2028 at a CAGR of 7.2% in the forecast period, 2021 to 2028. (Source: Fortune Business Insights)
Feb 17, 2021 03:30 pm ET
CN Energy Group. Inc. Announces Full Exercise of Underwriters' Over-Allotment Option
LISHUI, China, Feb. 17, 2021 /PRNewswire/ -- CN Energy Group. Inc. (the "Company"), a China-based manufacturer and supplier of wood-based activated carbon and a producer of biomass electricity, today announced that the underwriters of its initial public offering (the "Offering") had exercised in full their option to purchase 750,000 additional ordinary shares at a public offering price of US$4.00 per share to cover over-allotments.
Feb 09, 2021 03:05 pm ET
CN Energy Group. Inc. Announces Closing of Initial Public Offering
LISHUI, China, Feb. 9, 2021 /PRNewswire/ -- CN Energy Group. Inc. (the "Company"), a China-based manufacturer and supplier of wood-based activated carbon and a producer of biomass electricity, today announced the closing of its initial public offering ("Offering") of 5,000,000 ordinary shares at a public offering price of US$4.00 per share.
Feb 04, 2021 07:00 pm ET
CN Energy Group. Inc. Announces Pricing of Initial Public Offering
LISHUI, China, Feb. 4, 2021 /PRNewswire/ -- CN Energy Group. Inc. (the "Company"), a China-based manufacturer and supplier of wood-based activated carbon and a producer of biomass electricity, today announced the pricing of its initial public offering ("Offering") of 5,000,000 ordinary shares at a public offering price of US$4.00 per share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on February 5, 2021 under the ticker symbol "CNEY."
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