Nicholas Brooks Acquires 300,000 Shares of China New Energy Limited (CNEL) Stock

China New Energy Limited (LON:CNEL) insider Nicholas Brooks acquired 300,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The shares were acquired at an average cost of GBX 2 ($0.03) per share, with a total value of £6,000 ($8,412.79).

China New Energy Limited (CNEL) opened at GBX 1.50 ($0.02) on Friday. China New Energy Limited has a 12-month low of GBX 1.10 ($0.02) and a 12-month high of GBX 1.99 ($0.03).

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About China New Energy

China New Energy Limited (CNE) is an investment holding company. The Company principally provides Equipment, Procurement and Construction (EPC) services and Value Added Service (VAS) to ethanol and bio butanol producers. The EPC team primarily design and build commercial-scale bio refineries that convert feedstock into ethanol for both the biofuel and edible alcohol markets, whilst the VAS team provide services and technology to optimize the ethanol production at existing bio refineries.

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