CNEY Regains Compliance with Nasdaq Minimum Bid Price Requirement

Group 1 - CN Energy Group, Inc. has regained compliance with Nasdaq's bid price requirement, leading to the cancellation of a scheduled hearing on March 26, 2024 [1] - The company's Class A ordinary shares will continue to be listed and traded on The Nasdaq Capital Market under the ticker "CNEY" [1] Group 2 - CN Energy Group specializes in producing high-quality recyclable activated carbon and renewable energy from abandoned forest and agricultural residues [2] - The company utilizes patented proprietary bioengineering and physiochemical technologies to convert harmful wastes into valuable products [2] - Its products and services are widely used by food and beverage producers, industrial and pharmaceutical manufacturers, and environmental protection enterprises [2]