CN Energy and Xujin Environmental Protection Enter Strategic Cooperation

CN Energy Group. Inc. announced a strategic cooperation between its subsidiary CN Energy Industrial Development Co., Ltd. and Xujin Environmental Protection Carbon Industry Co., Ltd.

The two companies will cooperate in sharing technology, resources and expertise for their mutual benefits, as they create an integrated and optimized activated carbon sales business focused on revenue and profit growth opportunities in the hazardous waste and solid waste disposal businesses.

CN Energy Group. Inc. is a manufacturer and supplier of high-quality wood-based activated carbon and biomass electricity.

The Company also provides activated carbon-related technical services used by food and beverage producers, industrial manufacturers, pharmaceutical manufacturers, and environmental protection enterprises.

Founded in 2016, Xujin Environmental Protection has been focused on growing its business in the hazardous waste treatment industry. The company has established expertise in the regeneration of saturated activated carbon and the sales of recycled activated carbon.

Mr. Kangbin Zheng, Chairman and CEO of CN Energy Group, Inc, said, "We continue to focus on accelerating our revenue growth and profitability as we execute on our core business and invest in new areas. We have been developing multi-year expansion opportunities as we have grown our footprint to include numerous new industries, including providing waste treatment solutions for pharmaceutical manufacturers, food services companies and environmental protection enterprises, among others."