IPO - Profile

CN Energy Group, Inc.

Capital Goods > Specialty Chemicals

CNEY

Summary

Through our wholly owned PRC subsidiary, Khingan Forasen, we are a manufacturer and supplier of wood-based activated carbon that is primarily used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production (“Activated Carbon Production”), and a producer of biomass electricity generated in the process of producing activated carbon (“Biomass Electricity Production”).

As a manufacturer of wood-based activated carbon, our primary raw materials are forestry residues, little fuelwood, and wood wastes, which we source from our suppliers. Our current facility is located in Tahe County, Heilongjiang Province, More

Offer Price Offer Size 3-Year Outlook Volatility First Day Turnover
$4.00 5,000,000 Positive High 36.97%

Offering Team

  • Legal counsel
  • Loeb & Loeb, LLP
  • Auditors
  • Friedman LLP

Deal Highlights

Deal Tracker

IPO Dates

Filing 04 Feb, 2021

Offer 05 Feb, 2021

Look Ahead

Lock Up Expiry Aug 05, 2021

IPO Terms

Offer Price $4.00
Offer Size 5M

Market Sentiments

Stock Price