Company: CNEY
Filing Date: 2025-10-29
Form Type: F-1/A
Source: 0001477932-25-007791
Chunk: 229

Company: CN ENERGY GROUP. INC.
Filing Date: 2025-10-29
Form: F-1/A
Chunk 229
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| Net (loss) income                         |     | $                                 | (14,040,769 | ) |     | $    | (5,625,740 | ) |     |      |  2,229,708 |   |
| Net (loss) income                         |     |                                   | (14,040,769 | ) |     |      | (5,625,740 | ) |     |      |  2,229,708 |   |
| Foreign currency translation gain (loss)  |     |                                   |   4,826,918 |   |     |      | (2,238,556 | ) |     |      | (6,655,036 | ) |
| Comprehensive loss                        |     | $                                 |  (9,213,851 | ) |     | $    | (7,864,296 | ) |     | $    | (4,425,328 | ) |

| F-31 |

Note 21 - Condensed financial information of the parent company (Continued)

<div align='center'>CN ENERGY GROUP. INC.

PARENT COMPANY STATEMENTS OF CASH FLOWS</div>

| CASH FLOWS FROM OPERATING ACTIVITIES:                                         |     | For the years ended September 30, 
 2024                              |             |   |     | 2023 |             |   |     | 2022 |            |   |
|:------------------------------------------------------------------------------|:----|:----------------------------------|------------:|:--|:----|:-----|------------:|:--|:----|:-----|-----------:|:--|
| Net (loss) income                                                             |     | $                                 | (14,040,769 | ) |     | $    |  (5,625,740 | ) |     | $    |  2,229,708 |   |
| Adjustments to reconcile net income to net cash used in operating activities: |     |                                   |             |   |     |      |             |   |     |      |            |   |
| Allowance for prepaid expenses and other current assets                       |     |                                   |      32,249 |   |     |      |           - |   |     |      |          - |   |
| Interest expenses                                                             |     |                                   |     233,873 |   |     |      |           - |   |     |      |          - |   |
| Amortization