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China Carbon Neutral Development Group Limited ( (HK:1372) ) has issued an update.
Shareholders of China Carbon Neutral Development Group Limited approved all resolutions at the extraordinary general meeting held on 29 December 2025, with both Subscription Agreement A and Subscription Agreement B, and their associated specific mandates, receiving 100% of votes cast in favour. The approval, with certain interested creditors and their associates abstaining in line with listing rules, clears the way for the company to proceed with the subscription arrangements, which are viewed by the board as fair, reasonable and in the interests of shareholders, potentially strengthening its capital structure and supporting its strategic development in carbon-neutral related investments.
The most recent analyst rating on (HK:1372) stock is a Hold with a HK$1.50 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 incorporated in the Cayman Islands, focusing on investments and business initiatives aligned with carbon neutrality and related environmental sectors. The company operates under stock code 1372 on the Main Board of the Stock Exchange of Hong Kong and is governed by a board comprising executive, non-executive and independent non-executive directors, reflecting a typical investment and development structure in the low-carbon and sustainability space.
Average Trading Volume: 6,381,494
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.04B
See more insights into 1372 stock on TipRanks’ Stock Analysis page.