China Everbright Environment Group (257) Announces Proposed RMB Share Issue on SZSE

China Everbright Environment Group Limited (Stock code: 257) has approved a preliminary proposal for issuing and listing its ordinary shares, denominated in RMB, on the Shenzhen Stock Exchange (SZSE). According to the announcement, the board granted approval on 14 November 2025 for the proposed issue of up to 800,000,000 RMB Shares, representing no more than 11.52% of the enlarged share capital. There is also a potential over-allotment option of as much as 15% of the planned issuance.

The net proceeds from the proposed issuance are intended for developing principal businesses and replenishing general working capital. The final offering size and other details will be determined based on market conditions and further regulatory procedures. The proposal remains subject to the shareholders’ approval and relevant approvals from regulatory authorities, including the China Securities Regulatory Commission, the Hong Kong Stock Exchange, the Shenzhen Stock Exchange, and the China Securities Depository and Clearing Corporation Limited.

The announcement emphasizes that any concrete plan is still pending and may or may not proceed. Further updates will be disclosed according to applicable disclosure requirements. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.