Core Viewpoint - CN Energy Group Inc. has entered into a framework agreement to negotiate the acquisition of approximately 82% of Blessing Logistics Ltd., an oil trading company, for an expected consideration of about US$2.0 million [1][2][4]. Group 1: Acquisition Details - The framework agreement allows CN Energy Group to negotiate a definitive share purchase agreement for acquiring 82% of Blessing Logistics' equity interests, which includes voting rights [2]. - The total consideration for the acquisition is estimated at US$2.0 million, subject to adjustments based on due diligence, final valuation, and market conditions [2]. - If a definitive agreement is not reached within 60 days, either party can terminate the framework agreement [2]. Group 2: Blessing Logistics Overview - Blessing Logistics, founded in 2015, is an oil trading company registered with the Alberta Energy Regulator and holds a Canadian crude oil export license [3]. - The company is qualified to trade within the China National Petroleum Corporation system and focuses on oil trading and the export of crude oil and bitumen in Canada [3]. Group 3: Strategic Implications - The proposed acquisition is seen as a significant step for CN Energy Group's expansion into the energy sector and development in the North American market [4]. - The company aims to leverage Blessing Logistics as a platform for pursuing oil trading and upstream investment opportunities, enhancing long-term shareholder value [5].

Core Viewpoint - CN Energy Group, Inc. has received a notice from Nasdaq regarding the delisting of its Class A ordinary shares due to the share price being below $1.00 for 30 consecutive business days, which violates Nasdaq Listing Rule 5550(a)(2) [1] Group 1: Delisting Notification - The Staff Determination was issued because the bid price of the Company's Class A ordinary shares has closed at less than $1.00 per share from December 3, 2025, to January 15, 2026 [1] - The Company is not eligible for any compliance period or extension due to having executed multiple reverse stock splits, including a 1-for-30 split on January 19, 2024, and a 1-for-25 split on May 19, 2025, resulting in a cumulative 1-for-750 reverse stock split ratio [1] Group 2: Appeal Process - On January 21, 2026, the Company submitted a hearing request to appeal the Staff Determination, which stays the suspension of trading in the Company's securities pending the Panel's decision [2] - The Company plans to present a plan to the Panel during the hearing to seek an exception or relief regarding the deficiencies identified in the Staff Determination [2] Group 3: Business Operations - The Staff Determination does not affect the Company's business operations or its reporting obligations under the Securities Exchange Act of 1934 [3] Group 4: Company Overview - CN Energy Group, Inc. specializes in producing high-quality recyclable activated carbon and renewable energy from abandoned forest and agricultural residues, providing significant financial, economic, environmental, and ecological benefits [4] - The Company's products and services are utilized by various sectors, including food and beverage producers, industrial and pharmaceutical manufacturers, and environmental protection enterprises [4] - CN Energy also develops customizable robotics products, automation tools, and related software solutions for small and medium-sized businesses in North America [4]