LISHUI, China, Sept. 7,
2023 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ:
CNEY), a high-tech enterprise specializing in cogeneration of
high-quality wood-activated carbon and clean energy, announced
today that its wholly-owned subsidiary, Hangzhou Fulaisen Science
and Technology Co., Ltd. closed on an order for activated carbon
totaling RMB 12 million, equivalent
to approximately US $1.64 million.
Hangzhou Forasen Technology Co., Ltd. was recognized as the
preferred supplier.
The activated carbon in the order has been independently
researched and developed by CN Energy's corporate team and
offers enhanced absorption capacity, electrical conductivity, and
renewability. The Company believes this
collaboration will encourage CNEY's corporate partners
to further upgrade their technological capabilities which is
expected to result in improved profitability and increase.
Ms. Xinyang Wang, CNEY's Board
Chairwoman, commented, "We appreciate the trust of our clientele.
We have guaranteed the timely fulfillment of the order, in addition
to providing high-performance and reputable activated carbon
commodities, along with professional and comprehensive
after-sales service. In the meantime, we will continue to pursue
additional market opportunities, expand our core market strengths,
create value for clients with innovative products and advance the
implementation of the corporation's long-term strategy of expanding
our client base globally."
About CN Energy Group. Inc.
With patented proprietary bioengineering and physiochemical
technologies, CN Energy Group has pioneered and
specialized in producing high-quality recyclable activated carbon
and renewable energy from abandoned forest and agricultural
residues, converting harmful wastes into a valuable product
and delivering significant financial, economic, environmental and
ecological benefits. CN Energy Group products
and services have been widely used by food and beverage producers,
industrial and pharmaceutical manufacturers, as well as
environmental protection enterprises. For more information, please
visit the Company's website at www.cneny.com
Forward-Looking Statements
Certain statements, other than statements of historical facts,
made in this announcement are forward-looking statements. These
forward-looking statements involve known and unknown risks and
uncertainties, including the further spread of the COVID-19 virus
or new variants thereof, or the occurrence of another wave of cases
and the impact it may have on the Company's operations and the
demand for the Company's products, and are based on current
expectations and projections about future events and financial
trends that the Company believes may affect its financial
conditions, results of operations, business strategy and financial
needs. Investors can identify these forward-looking statements by
words or phrases such as "may," "will," "expect," "anticipate,"
"aim," "estimate," "intend," "plan," "believe," "potential,"
"continue," "is/are likely to" or other similar expressions. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results and encourages investors to
refer to its filings with SEC, including without limitation,
Company's registration statements and other filings with the SEC
that set forth certain risks and uncertainties that may have an
impact on future results and directions of the Company.
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SOURCE CN Energy Group. Inc.