---
title: "China Carbon Neutral Development Group to Raise Equity via Discounted Share Subscriptions"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286242423.md"
description: "China Carbon Neutral Development Group Limited (HK:1372) has announced three subscription agreements with independent investors for 96,592,000 new shares at HK$0.80 each, representing about 10.97% of its existing share capital. The subscription price is a 15.79% discount to the latest closing price. This issuance will dilute existing holdings to about 9.88% of the enlarged share capital but will enhance the company's funding position. The completion of the agreements is subject to certain conditions."
datetime: "2026-05-13T10:24:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286242423.md)
  - [en](https://longbridge.com/en/news/286242423.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286242423.md)
---

# China Carbon Neutral Development Group to Raise Equity via Discounted Share Subscriptions

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

China Carbon Neutral Development Group has entered into three subscription agreements with independent investors for a total of 96,592,000 new shares at HK$0.80 per share, representing about 10.97% of its existing share capital. The new shares, to be issued under the company’s general mandate without separate shareholder approval, will be fully paid and rank pari passu with existing shares.

The subscription price reflects a discount of roughly 15.79% to the latest closing price and 17.70% to the recent five-day average, indicating a pricing strategy aimed at securing demand while raising fresh equity capital. Upon completion, the issuance will moderately dilute existing holdings to about 9.88% of the enlarged share capital, but will strengthen the company’s funding position, and investors are cautioned that completion remains subject to conditions under the agreements.

**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, focused on activities aligned with carbon neutrality and related development initiatives. Its shares trade on the Main Board of the Stock Exchange of Hong Kong under stock code 1372, giving it access to regional capital markets and a broad investor base.

**Average Trading Volume:** 1,685,654

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$828M

Find detailed analytics on 1372 stock on TipRanks’ Stock Analysis page.

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