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China Carbon Neutral Development Group Advances Carbon Credits Digitalization

Story Highlights
  • China Carbon Neutral Development Group integrates 200,000 tons of carbon credits onto blockchain.
  • The initiative enhances carbon market efficiency and aligns with ESG principles.
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China Carbon Neutral Development Group Advances Carbon Credits Digitalization

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China Carbon Neutral Development Group Limited ( (HK:1372) ) has issued an announcement.

China Carbon Neutral Development Group Limited has successfully integrated 200,000 tons of carbon credits onto the blockchain through its subsidiary, Future Marvel Limited. This initiative, utilizing the Carbon Coin protocol, marks a significant advancement in the digitalization of carbon assets, enhancing data credibility, transaction efficiency, and regulatory compliance in the carbon market. The move aligns with the company’s commitment to ESG principles and strengthens its market position in the green and low-carbon sector, potentially expanding its business scope and benefiting shareholders.

More about China Carbon Neutral Development Group Limited

China Carbon Neutral Development Group Limited operates in the environmental sector, focusing on the digitalization and trading of carbon credits. The company leverages blockchain technology to enhance transparency and efficiency in carbon asset management, aligning with global trends towards sustainable development.

Average Trading Volume: 17,546,508

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.03B

For an in-depth examination of 1372 stock, go to TipRanks’ Overview page.

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