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LISHUI, China, Jan. 24, 2026 /PRNewswire/ -- CN Energy Group. Inc. (NASDAQ: CNEY) ("CNEY" or the "Company"), a Nasdaq-listed company, today announced that it received a written notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that Nasdaq has determined to delist the Company's Class A ordinary shares from The Nasdaq Capital Market (the "Staff Determination"). The Staff Determination was issued because the bid price of the Company's Class A ordinary share has closed at less than $1.00 per share for the previous 30 consecutive business days from December 3, 2025 through January 15, 2026 and, as a result, the Company does not comply with Listing Rule 5550(a)(2). In addition, pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iv), the Company is not eligible for any compliance period or extension specified in Rule 5810(c)(3)(A) because the Company has effected a reverse stock split over the prior one-year period and has effected one or more reverse stock splits over the prior two-year period with a cumulative ratio of 250 shares or more. As noted in the Staff Determination, the Company effected a 1-for-30 reverse stock split on January 19, 2024 and a 1-for-25 reverse stock split on May 19, 2025, resulting in a cumulative 1-for-750 reverse stock split ratio for the Class A ordinary shares. On January [21], 2026, the Company submitted a hearing request to appeal the Staff Determination to a hearings penal (the "Panel"). The hearing request automatically stays the suspension of trading in the Company's securities and the filing of the Form 25-NSE with the Securities and Exchange Commission, in each case pending the Panel's decision. In connection with the hearing, the Company intends to present a plan to the Panel seeking an exception or other relief to address the deficiencies identified in the Staff Determination. During the appeal process with the Panel, the Company's Class A ordinary shares will continue to be listed and trade on Nasdaq. The Staff Determination does not affect the Company's business operations or its reporting obligations under the Securities Exchange Act of 1934, as amended. About CN Energy Group. Inc. CN Energy Group. Inc. is currently listed on NASDAQ under the symbol "CNEY." With patented proprietary bioengineering and physiochemical technologies, CNEY has pioneered and specialized in producing high-quality recyclable activated carbon and renewable energy from abandoned forest and agricultural residues, converting harmful wastes into invaluable wealth and delivering significant financial, economic, environmental and ecologic benefits. CNEY's products and services have been widely used by food and beverage producers, industrial and pharmaceutical manufacturers, as well as environmental protection enterprises. CNEY also develops and provides customizable robotics products, automation tools, and related software solutions for small and medium-sized industrial, logistics, and service businesses in North America. For more information, please visit the Company's website at www.cneny.com. Cautionary Note Regarding Forward-Looking Statements This press release contains statements that do not relate to historical facts but are "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can generally (although not always) be identified by their use of terms and phrases such as anticipate, appear, believe, continue, could, estimate, expect, indicate, intend, may, plan, possible, predict, project, pursue, will, would and other similar terms and phrases, as well as the use of the future tense. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our registration statements and annual reports under the heading "Risk Factors" as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements in this press release speak only as of the date hereof. Unless otherwise required by law, we undertake no obligation to publicly update or revise these forward-looking statements, whether because of new information, future events or otherwise. Information contained on, or that can be accessed through, the Company's website or any other website or any social media is expressly not incorporated by reference into and is not a part of this press release.
BEIJING, Jan. 24, 2026 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S.-listed EV charging service company in China, is pleased to announce that at its extraordinary general meeting of shareholders held in Langfang, Hebei Province today, shareholders of the Company approved each of the three proposed resolutions set out in the notice of extraordinary general meeting (the "Meeting Notice"), namely, (i) a special resolution to amend the par value of each authorized and issued share in the capital of the Company from US$0.01 to US$0.000001, such that following the amendment, the authorized and issued share capital of the Company shall be US$52,000, (ii) a special resolution to amend and restate the Company's Third Amended and Restated Memorandum and Articles of Association to the Fourth Amended and Restated Memorandum and Articles of Association, which shall take effect on the date of registration of the solvency statement made under section 14A and the minute as required by the Companies Act (as revised) of the Cayman Islands, and (iii) an ordinary resolution to authorize the Company's directors, officers and agents to carry out the foregoing. The Meeting Notice had been furnished on January 5, 2026 to the Securities and Exchange Commission under cover of a Form 6-K and timely disseminated to shareholders and holders of the Company's American depositary shares prior to the meeting. About NaaS Technology Inc. NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company is one of the leading providers of new energy asset operation services. The Company utilizes advanced technology to intelligently match charging supply with demand, offering electric vehicle users a seamless, efficient, and smart charging experience. Furthermore, NaaS empowers charging stations and charging station operators to optimize their operations, driving greater efficiency and enhancing profitability. For investor and media inquiries, please contact: Investor RelationsNaaS Technology Inc.E-mail: ir@enaas.com Media inquiries:E-mail: pr@enaas.com
WENZHOU, China, Jan. 23, 2026 /PRNewswire/ -- Erayak Power Solution Group Inc. (Nasdaq: RAYA) ("Erayak" or the "Company"), a manufacturer, designer, and exporter of power solution products, today provided a business update regarding recent market demand trends in the United States. Over the past several days, severe winter storm conditions across parts of the U.S. East Coast have coincided with a sharp increase in customer demand for Erayak's portable quiet inverter generators. Beginning around January 20, 2026, the Company observed a rapid acceleration in order activity across U.S. e-commerce channels serving end users preparing for potential power outages. During this period, daily unit sales increased by more than twenty times compared to the Company's average daily unit sales in the preceding weeks, with aggregate shipments across the Company's key portable inverter generator models approaching 1,000 units over a two-day period. The Company believes this surge reflects heightened consumer preparedness in response to extreme winter weather events and associated grid reliability concerns. As a result of the accelerated sales activity, certain U.S. inventory positions have tightened. Erayak is actively coordinating with its supply chain partners to expedite replenishment, including accelerating production schedules and prioritizing inbound logistics. There can be no assurance that inventory levels will be sufficient to fully meet ongoing demand, particularly if adverse weather conditions persist. Looking ahead, Erayak continues to advance its product roadmap for the North American market. During the first quarter of 2026, the Company plans to introduce additional home emergency power solutions, including gasoline inverter generators in the approximately 4 kW to 13 kW range and multi-fuel generator models. Subject to production readiness, regulatory certifications, and market conditions, these products are currently expected to enter the U.S. market during the second quarter of 2026. In parallel, as the Company's U.S. sales channels continue to mature, Erayak is evaluating selective opportunities to expand into adjacent, power-dependent product categories that closely align with its core power-generation expertise and customer base. These categories may include home and outdoor equipment used in emergency and off-grid scenarios, such as pressure washers, electric or gas-powered chainsaws, and certain camping-related equipment. Any such evaluation is expected to follow a disciplined approach, with emphasis on engineering relevance, product reliability, and long-term portfolio coherence, rather than broad or opportunistic category expansion. In connection with these developments, Lingyi Kong, CEO and Chairman of Erayak, commented: "Since formally expanding into the U.S. market in 2024, we have been encouraged by the strong market response to Erayak products across U.S. e-commerce channels. During 2025, these channels demonstrated meaningful sales momentum, providing clear validation of customer demand patterns and product-market fit in the U.S. This market feedback has helped guide our decisions around product portfolio expansion and capacity planning, particularly in home emergency power solutions. At the same time, we are accelerating the development of new industrial facilities through our subsidiary, Ruike Electronics. Over time, these initiatives may enhance our manufacturing capabilities for higher-output generator products and may provide opportunities to improve cost efficiency. As these projects move through development, introduction, and production phases, and as we continue to actively expand our sales channels, we expect to pursue additional growth opportunities. However, the scale, pace, and ultimate impact of such expansion will depend on market conditions, execution progress, and external demand dynamics." About Erayak Power Solution Group Inc. Erayak specializes in the manufacturing, research and development, and wholesale and retail of power solution products. Erayak's product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. Our products are used principally in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. Our goal is to be the premier power solutions brand and a solution for mobile life and outdoor living. For more information, visit www.erayakpower.com. Forward-Looking Statements Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and in its other filings with the U.S. Securities and Exchange Commission. For more information, please contact: Investor RelationsErayak Power Solution Group Inc.Email: investor@erayakpower.com Website: www.erayakpower.com
HEFEI, China, Jan. 23, 2026 /PRNewswire/ -- Sungrow, a globally renowned renewable energy company, has been named on Corporate Knights' 2026 Global 100 list of the world's most sustainable corporations during the World Economic Forum in Davos. Ranked 12th globally and first in the electrical equipment manufacturing sector, the recognition highlights Sungrow's sustainable growth strategy and strong business performance. Sungrow Named One of the World's Most Sustainable Corporations by Corporate Knights For the 2026 ranking, the Global 100 evaluated more than 8,000 publicly listed companies based on criteria including sustainable investments, revenues, and revenue momentum. This accolade follows Sungrow's recent recognition by Time magazine and Statista as one of the World's Best Companies in Sustainable Growth 2026. Sustainability Embedded in Strategy and Operations Guided by its sustainability philosophy, "Green Mission, Better Life," Sungrow actively integrates the principles into every facet of its global operations. The company's strategic framework is built on five pillars: Excellent Governance, Towards Net Zero, Eco-friendly Development, Mutually Beneficial Collaboration, and Diversity and Inclusion. This commitment has been recognized with an MSCI ESG rating of AAA and the EcoVadis Gold Medal for Corporate Social Responsibility at the group level in 2025. Sungrow is also committed to achieving carbon neutrality on the operational level by 2028, carbon neutrality across the supply chain by 2038, and net zero across the supply chain by 2048. Innovation as the Bridge to a Sustainable Future Sungrow's sustainability impact is driven by continuous innovation and R&D investment. In the first three quarters of 2025 alone, the company invested USD 438 million in research and development with more than 11,000 patents filed. This technological expertise supports its "Bridge to a Sustainable Future" brand value proposition, converting natural resources into reliable clean energy for customers in over 100 countries. By the end of June 2025, Sungrow's cumulative installed capacity of power electronic converters exceeded 870 GW worldwide, over 540 million tons of CO₂ emissions can be avoided annually together with its customers. The company continues to advance comprehensive solutions across solar, wind, energy storage, EV charging, and hydrogen energy. About Sungrow Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 29 years. As of June 2025, Sungrow has installed 870 GW of power electronic converters worldwide and is recognized by BloombergNEF as the world's most bankable PV inverter and energy storage company. Sungrow supports customers with a global service network of 520 service outlets. For more information, please visit: www.sungrowpower.com/en.
Leadership Updates Reinforce Focus on People, Technology, and Long-Term Strategic Execution MELBOURNE, Australia, Jan. 19, 2026 /PRNewswire/ -- Panduit, a global leader in electrical and network infrastructure solutions, today announced a series of executive appointments designed to strengthen leadership alignment, accelerate innovation, and support the company's long-term growth strategy. Shannon McDaniel will now serve solely as Chief Executive Officer (CEO) further sharpening the company's growth and direction. McDaniel will remain focused on shaping the company's vision and long-term strategy while investing in its people, innovation, and customers. Marc Naese has been named President of Panduit, expanding his leadership responsibilities as the company continues to execute against its corporate strategic pillars of market innovation, manufacturing excellence, and customer affinity. In this role, Naese will oversee global sales, marketing, operations, and all business units. Tom Kelly has been named Chief Technology Officer (CTO). Kelly, who began his career at Panduit as an engineer and advanced through leadership roles across the organization, brings deep technical expertise and a strong understanding of the business to the position. As CTO, he will lead the company's global technology and innovation strategy. Rebecca Hulse has been named Director of Artificial Intelligence (AI) and Digital Strategy, a newly expanded role reflecting the company's commitment to digital transformation and responsible AI adoption. In her new role, Hulse will lead the company's enterprise-wide AI strategy and guide the responsible implementation of AI across the organization. "These appointments reflect our continued investment in people and leadership as we prepare Panduit for its next phase of growth," explained McDaniel. "These leaders represent the best of Panduit – deep expertise, strong values, and a shared commitment to our customers and our people. Together, they will help us shape the future of connected infrastructure." About Panduit Panduit is a leading global manufacturer of high-quality electrical and network infrastructure and connectivity solutions. Operating from our headquarters in Tinley Park, Ill., USA, and across 112 worldwide locations, we drive innovation through strategic R&D investments and breakthrough product development while providing seamless global support and service. Since 1955, our commitment to our customers and partners has remained constant. And together, with them, we create exceptional solutions that support their businesses in a way that's good for them and good for the world. Panduit is making the connections that matter. For more information, visit www.panduit.com.
Jiangsu records the highest level of grid-connected offshore wind capacity among China's provinces NANJING, China, Jan. 19, 2026 /PRNewswire/ -- State Grid Jiangsu Electric Power Co., Ltd. reported that as of the end of 2025, Jiangsu's offshore wind power (OWP) capacity connected to the provincial grid had reached 13.49 million kilowatts, the highest level among China's provinces. This capacity is expected to supply more than 30 billion kilowatt-hours of renewable electricity annually to the Yangtze River Delta region, equivalent to an annual reduction of more than 22 million tonnes of carbon dioxide emissions. After two decades of exploration, Jiangsu has established a mature and comprehensive OWP development framework spanning intertidal zones, nearshore waters, and far-offshore areas, with continued expansion across the sector. Yancheng provides a clear illustration of this development: the city is home to the country's largest OWP industrial cluster, with an integrated industrial ecosystem that encompasses R&D and design, equipment manufacturing, resource development, and operation and maintenance services. Its offshore wind turbine manufacturing capacity accounts for more than 40% of the national total. Jiangsu's OWP grid-connection capabilities have developed in parallel, with the commissioning of the nation's first 110 kV and 220 kV offshore booster stations, as well as the country's largest OWP grid-connection transmission facility. "Once aggregated, Jiangsu's OWP is transmitted to major load centers in the Yangtze River Delta via six high-capacity cross-river transmission corridors within the province. During the 15th Five-Year Plan period, we will progress the planning and construction of key infrastructure, including the Sutong GIL DC link and the third phase of the Yangzhou-Zhenjiang DC project, to ensure a reliable and stable supply of coastal renewable electricity to the heart of the Yangtze River Delta," said Cai Hui, Senior Expert at State Grid Jiangsu Electric Power. Looking nationwide, China's cumulative OWP installed capacity has ranked first globally for four consecutive years. By the end of the 15th Five-Year Plan period, the country's total OWP capacity is anticipated to exceed 100 million kilowatts. As one of China's leading provinces in offshore wind development, Jiangsu is steadily building an innovative power system that is clean and low-carbon, secure and reliable, cost-effective, well balanced between supply and demand, as well as operationally flexible and digitally enabled, providing critical support for low-carbon growth in the Yangtze River Delta and across the nation.
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