Lichen China Limited (the “Company”), a dedicated financial and taxation service provider in China, today announced the closing of its initial public offering (the “Offering”) of 4,000,000 Class A ordinary shares at a public offering price of US$4.00 per Class A ordinary share. The Class A ordinary shares began trading on the Nasdaq Capital Market on February 6, 2023 under the ticker symbol “LICN.”

CN Energy Group. Inc. (the “Company”), a China-based manufacturer and supplier of wood-based activated carbon and producer of biomass electricity, today announced the closing of its underwritten public offering. The gross proceeds to the Company were approximately $10 million, before deducting underwriting discounts and other expenses payable by the Company.