Company: CNEY
Filing Date: 2025-10-29
Form Type: F-1/A
Source: 0001477932-25-007791
Chunk: 65

Company: CN ENERGY GROUP. INC.
Filing Date: 2025-10-29
Form: F-1/A
Chunk 65
---
 | $        | 112,237,710 |   |
| Class B ordinary share, no par value, unlimited number of shares authorized; 4,028 shares issued and outstanding as of March 31, 2025 and 635,419 shares issued and outstanding as adjusted |     |                |   4,231,055 |   |     |          |   5,683,255 |   |
| Additional paid-in capital                                                                                                                                                                  |     |                |   8,865,199 |   |     |          |   8,865,199 |   |
| Statutory reserves                                                                                                                                                                          |     |                |      14,990 |   |     |          |      14,990 |   |
| Accumulated deficits                                                                                                                                                                        |     |                | (12,109,557 | ) |     |          | (12,109,557 | ) |
| Accumulated other comprehensive loss                                                                                                                                                        |     |                |  (8,723,545 | ) |     |          |  (8,723,545 | ) |
| Total shareholders' equity                                                                                                                                                                  |     | $              | 100,048,052 |   |     | $        | 105,968,052 |   |
| Total Capitalization                                                                                                                                                                        |     | $              | 100,048,052 |   |     | $        | 105,968,052 |   |

| ● | on an actual basis, as derived from our unaudited consolidated financial statements as of March 31, 2025, which are incorporated by reference into this prospectus supplement;                                                                                                                                            |
|:--|:--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ● | on an as adjusted basis to give further effect to the offering and sale of 1,977,302 Class A Ordinary Shares and 631,391 Class B Ordinary Shares at a price per share of $2.30 each for gross proceeds of $6,000,000, and for net proceeds of US$5,920,000 after deducting the estimated offering expenses payable by us. |

<div align='center'>USE OF PROCEEDS</div>

The Selling Shareholders will receive all of the proceeds from the sale of the Shares under this prospectus. We will not receive any of the proceeds from the sale of the Shares by the Selling Shareholders pursuant to this prospectus.

The Selling Shareholders will pay any agent’s commissions and expenses it incurs for brokerage, accounting, tax or