China New Energy completes placement of 117,951,779 new shares at HK$0.17 each

• China New Energy completed a placement of 117,951,779 new shares on July 15, 2026 at HK$ 0.17 each.
• Placement shares equal 16.67% of issued share capital after issuance; placed to at least six investors.
• Net proceeds totaled about HK$ 19.59 million; earmarked for general working capital.
• Pricing reflected a 15.61% discount to the prior close of HK$ 0.21; a 19.91% discount to the five-day average.

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 New Energy Limited 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-20260715-12245427), on July 15, 2026, and is solely responsible for the information contained therein.