Hong Kong Exchange censures China Carbon Neutral over carbon-credit asset misstatements

• Hong Kong's exchange censured China Carbon Neutral Development Group and seven directors on November 3, 2026, for reporting and disclosure breaches.
• Carbon-credit assets at December 31, 2023, were overstated at HKD 69.4 million versus an actual HKD 10.7 million.
• The reported 12-month loss was HKD 11.3 million versus an actual HKD 70 million.
• Disclosure failures involved an RMB 33.8 million advance payment and final terms of an HKD 30 million acquisition.
• Directors must complete 17 hours of compliance training, rising to 23 hours for Di Ling and Zhong Guoxing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Carbon Neutral Development Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261103-12396534), on November 03, 2026, and is solely responsible for the information contained therein.