C CARBONNEUTRAL (01372) Announces EcoRise Solutions Investment, Plans to Issue 40.00 million New Shares

Bulletin Express

Mar 08

China Carbon Neutral Development Group Limited (C CARBONNEUTRAL, 01372) has entered into an investment agreement dated 6 March 2026 with EcoRise Solutions Company Limited. EcoRise Solutions will subscribe for 40.00 million new shares, representing approximately 5.59% of the enlarged share capital, subject to final confirmation. According to the announcement dated 8 March 2026, the net proceeds are intended for carbon neutral business expansion, green technology research and development, project investment, and working capital.

The company states that EcoRise Solutions, as a cornerstone investor with a focus on AI-driven environmental governance, is expected to enhance the group’s capabilities in water ecosystem AI governance, introduction of intelligent environmental solutions, and data-driven carbon asset development. The agreement remains subject to approvals by the Listing Committee and other customary conditions.

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