CDT Environmental Technology Investment Holdings Limited ordinary shares

CDT Environmental Technology Investment Holdings Limited, a Cayman Islands holding company, operates through PRC subsidiaries providing sewage treatment systems and services in urban and rural areas using proprietary quick separation technology. The company designs, manufactures, sells, installs, operates, and maintains decentralized rural sewage treatment systems with capacities of 5-500 tons per day, and offers septic tank treatment via mobile and fixed systems. For the six months ended June 30, 2025, revenues were $7.3 million (down 42.3% YoY), with gross profit of $2.9 million (39.9% margin) and a net loss of $1.3 million. Full-year 2024 revenues were $29.8 million (down 13.0% YoY), with net income of $1.4 million. As of June 30, 2025, the company had $175,877 cash, $51.6 million net accounts receivable, and $6.8 million short-term debt. Shares trade on Nasdaq Capital Market under 'CDTG' at $0.2314 (March 2, 2026 close). The company is offering up to 62,000,000 Class A ordinary shares at $0.105 per share in a best-efforts direct offering with no minimum, expecting ~$6.3 million net proceeds (75% for new energy projects, 15% working capital, 10% contingencies). This capital raises aims to fund green hydrogen transformation from organic waste gasification, leveraging collaborations like Guangzhou Institute of Energy Conversion, amid rural wastewater market growth to RMB 200 billion by 2030.

Key Takeaways