Company: CNEY
Filing Date: 2025-10-29
Form Type: F-1/A
Source: 0001477932-25-007791
Chunk: 187

Company: CN ENERGY GROUP. INC.
Filing Date: 2025-10-29
Form: F-1/A
Chunk 187
---
. INC.

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY

FOR THE YEARS ENDED SEPTEMBER 30, 2024, 2023, AND 2022

|                                                                |     | Ordinary Shares         
 Class A Ordinary Shares 
 Shares                  |           |   |     | Amount |             |   |     | Class B Ordinary Shares 
 Shares                  |         |   |     | Amount |           |   |     | Additional Paid-in 
 Capital            |           |     | Statutory 
 Reserves  |          |   |     | Retained              
 Earnings (Accumulated 
 Deficit)              |             |   |     | Accumulated Other    
 Comprehensive Income 
 (Loss)               |            |   |     | Total Shareholders' 
 Equity              |             |   |
|:---------------------------------------------------------------|:----|:------------------------|----------:|:--|:----|:-------|------------:|:--|:----|:------------------------|--------:|:--|:----|:-------|----------:|:--|:----|:-------------------|----------:|:----|:----------|---------:|:--|:----|:----------------------|------------:|:--|:----|:---------------------|-----------:|:--|:----|:--------------------|------------:|:--|
| Balance as of September 30, 2021                               |     |                         |   557,943 |   |     | $      |  47,965,683 |   |     |                         | 119,365 |   |     | $      | 5,015,142 |   |     | $                  | 8,865,199 |     | $         |  315,808 |   |     | $                     |     394,556 |   |     | $                    |    122,564 |   |     | $                   |  62,678,952 |   |
| Class B Ordinary Shares converted into Class A Ordinary Shares |     |                         |    18,667 |   |     |        |     784,087 |   |     |                         | (18,667 | ) |     |        |  (784,087 | ) |     |                    |         - |     |           |        - |   |     |                       |           - |   |     |                      |          - |   |