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China Carbon Neutral Development Group Limited ( (HK:1372) ) has provided an announcement.
China Carbon Neutral Development Group is expanding its renewable resources operations through a lithium-battery circular economy ecosystem built with partners such as China Tower, China Recycling Resources, and Eve Energy. By integrating its Xunli.com online platform with blockchain traceability, it is rolling out a nationwide recycling network targeting 50,000 tons of annual waste battery and black powder recycling, sizeable monthly trading volumes with battery makers, and growing capital deployment in battery reuse and energy storage services.
On the demand and application side, the Group provides around 20,000 power battery leasing units for transport and is deploying county-level energy-storage microgrids to boost energy efficiency and grid stability in urban and rural areas. Management expects this to complete an industrial closed loop from recycling to energy storage, strengthen its role in the carbon-neutral industry chain, and support sustainable growth and returns.
In digital green carbon assets, the Group is advancing its Carbon Coins project by aligning it with international carbon credit standards and broadening participation in the global carbon market. Using Web3 and real-world asset tokenization, it has completed multiple transactions at $30–$40 per ton, aiming to improve liquidity and efficiency in carbon credit trading and to open new revenue streams while enhancing its valuation and market influence.
The company is also growing its ecological governance business by applying innovative saline-alkali land remediation technologies in regions including Xinjiang, Jiangsu, and Henan. These projects aim to turn degraded saline-alkali land from ecological liabilities into carbon sink assets, reinforcing the Group’s low-carbon environmental portfolio and supporting its broader carbon sink development strategy.
The most recent analyst rating on (HK:1372) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Carbon Neutral Development Group Limited stock, see the HK:1372 Stock Forecast page.
More about China Carbon Neutral Development Group Limited
China Carbon Neutral Development Group Limited is a Hong Kong-listed company focused on the carbon-neutrality value chain, including battery recycling, renewable resources, carbon asset development, and ecological governance. The Group leverages digital platforms, green finance tools, and environmental technologies to build circular economy systems and green asset markets in China and globally.
Average Trading Volume: 1,990,512
Technical Sentiment Signal: Sell
Current Market Cap: HK$769.5M
Learn more about 1372 stock on TipRanks’ Stock Analysis page.