CDTG

Revenue of $7.3 million and loss per share of $0.11 impacted by reduced project activity due to a slowdown in the PRC economy SHENZHEN, China, Dec. 23, 2025 (GLOBE NEWSWIRE) -- CDT Environmental Technology Investment Holdings Limited (Nasdaq: CDTG) (“CDT”, the “Company”, or “we”), a leading provider of waste treatment systems and services throughout China, today reports its unaudited interim financial results for the six months ended June 30, 2025, and provides updates on key business developments. All amounts are expressed in US dollars unless otherwise stated. 2025 Unaudited Interim Financial Results and Business Update Revenues decreased by approximately $5.4 million, or 42.3%, to approximately $7.3 million for the six months ended June 30, 2025, from approximately $12.7 million for the same period in 2024. The decline was driven by three factors: (i) reduced external demand for the Company’s traditional environmental engineering services amid the PRC economic slowdown; and (ii) the Company’s deliberate strategic shift to scale back on legacy projects with excessively long receivable cycles, reallocating resources toward its new green hydrogen and organic waste-to-energy initiatives. (iii) decrease in the number and timing of project revenue recognitions, as six project contracts contributed revenue during the comparable prior-year period, whereas only four projects contributed revenue during the current period, with certain remaining projects not yet meeting revenue recognition criteria. Among the four projects recognized in the current period, except for the Guankou project phase 6, the other three projects had reached over 95% completion and were in their final stages, resulting in limited incremental revenue recognized during the period. Gross profit decreased by approximately $1.6 million, or 35.1%, to approximately $2.9 million for the six months ended June 30, 2025 from approximately $4.5 million for the six months ended June 30, 2024. The decrease in gross profit is primarily due to a decrease in sewage treatment systems revenue. For the six months ended June 30, 2025 and 2024, our overall gross profit percentage was 39.9% and 35.5%, respectively. The increase in gross profit percentage of 4.4% was primarily due to the following: (i) The approximately 4.8% increase in the gross profit margin of sewage treatment systems was primarily attributable t...

SHENZHEN, China, Nov. 28, 2025 (GLOBE NEWSWIRE) -- CDT Environmental Technology Investment Holdings Limited (Nasdaq: CDTG) (“CDT”, the “Company”, or “we”), a leading provider of waste treatment systems and services throughout China, today announced that all resolutions of its annual general meeting (the “AGM”) held at Meeting Room 2, 6th Floor, Nanshan Shuixing Huayuan Premium Selection Hotel, No. 13 Keji Road, Science and Technology Park, Nanshan District, Shenzhen, China on November 26, 2025 at 9:30 AM., Beijing Time, were duly passed by shareholders. At the AGM, shareholders of the Company passed the following resolutions: (i) that, with effect as of the date within one (1) calendar year after the conclusion of the AGM, to be determined by the board of directors of the Company (the “Board”): (ii) that, subject to and immediately following the Share Consolidation being effected, the third amended and restated memorandum and articles of association of the Company, the form of which is attached to the Notice of Meeting as Appendix 1, be adopted in its entirety and in substitution for and to the exclusion of the existing second amended and restated memorandum and articles of association of the Company with effect from the date the Share Consolidation takes effect. (iii) that Mr. Ling Kai be and is appointed as an executive director of the Company with immediate effect, to serve until such person shall resign, be removed or otherwise leave office. (iv) that Mr. Chen Xi be and is appointed as an independent director of the Company with immediate effect, to serve until such person shall resign, be removed or otherwise leave office. Guangdong Fengpeng Law Firm, the independent inspector of election, has certified all voting results for the AGM. The final tabulation indicates that 6,166,191 shares were voted, representing approximately 50.03% of CDT’s outstanding shares as of the record date. For the avoidance of doubt, the Share Consolidation has not taken place and will only take place if and when the Board has determined that it is in the best interest for the Company to do so, in which case the Company will announce its decision and provide the details in a press release. The Board’s discretion to effect the Share Consolidation expires on the first anniversary of the date of the AGM. About CDT Environmental Technology Investment Holdings Limited CDT, headquart...

SHENZHEN, China, Sept. 26, 2025 (GLOBE NEWSWIRE) -- CDT Environmental Technology Investment Holdings Limited (Nasdaq: CDTG) (“CDT”, the “Company”, or “we”), a leading provider of waste treatment systems and services throughout China, today announced the results of an extraordinary general meeting (the “EGM”) held at Meeting Room 2, 6th Floor, Nanshan Shuixing Huayuan Premium Selection Hotel, No. 13 Keji Road, Science and Technology Park, Nanshan District, Shenzhen, China on September 23, 2025 at 9:30 AM., Beijing Time. At the EGM, shareholders of the Company passed the following resolutions: Campbell Corporate Services, the independent inspector of election, has certified all voting results for the EGM. The final tabulation indicates that 5,894,505 shares were voted, representing approximately 47.83% of CDT’s outstanding shares as of the record date. The Share Capital Changes became effective automatically following the EGM, and the Amended MAA, a copy of which is included in exhibit 3.1 to the Form 6-K dated September 26, 2025, will be filed with Cayman Island authorities on or around October 1, 2025. No actions are needed from shareholders. The class A ordinary shares will continue trading under the symbol “CDTG” and under the ordinary CUSIP Number of G2030P107. About CDT Environmental Technology Investment Holdings Limited CDT, headquartered in Shenzhen, China, is a leading national player in China’s waste treatment sector that designs, develops, manufactures, sells, installs, operates and maintains sewage treatment systems and provides sewage treatment services in China, and is dedicated to promoting sustainable development through innovative solutions. Founded by pioneers in waste treatment, CDT aims to advance next-generation technologies that directly address environmental challenges and promote sustainable solutions. CDT is a recognized brand in China and is committed to innovation and customer satisfaction. CDT’s mission is to help its customers achieve their critical infrastructure objectives while enabling positive changes in technological environmental protection. It collaborates with industry leaders, environmental experts, and stakeholders to develop and implement advanced waste treatment solutions. Recently listed on the Nasdaq Capital Market, CDT is a prominent player in the waste treatment market, capable of providing comprehensive solutions...