BRIEF-Cn Energy Group Enters Into Share Transfer Agreement With Xinbaocheng Industrial Group Co

Reuters09-27

Sept 26 (Reuters) - CN Energy Group Inc :

* CN ENERGY GROUP-CO THROUGH UNITS ENTERED INTO SHARE TRANSFER AGREEMENT WITH XINBAOCHENG INDUSTRIAL GROUP CO

* CN ENERGY GROUP-PURSUANT TO AGREEMENT, ZHEJIANG CN ENERGY AGREED TO TRANSFER 90% OF ITS EQUITY IN CN ENERGY INDUSTRIAL DEVELOPMENT CO

* CN ENERGY GROUP- MANZHOULI CN ENERGY TO TRANSFER ITS 10% OF EQUITY IN CN ENERGY DEVELOPMENT TO SHANGHAI XINBAOCHENG INDUSTRIAL GROUP CO

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((Reuters.Briefs@thomsonreuters.com;))

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