CDT Environmental Technology Investment Holdings Limited - Form 6-K Filing
This filing on Form 6-K by CDT Environmental Technology Investment Holdings Limited details several key events and financial updates. On June 20, 2025, the company received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, with a 180-day period to regain compliance. On November 20, 2025, CDT announced a strategic initiative to enter the clean energy market by developing waste-to-hydrogen technology, collaborating with the Guangzhou Institute of Energy Conversion. The company reported unaudited interim financial results for the six months ended June 30, 2025, showing revenues of $7.3 million and a net loss of $1.3 million, impacted by a PRC economic slowdown and a strategic shift towards new energy initiatives. Despite revenue decline, the gross profit margin improved due to a new project with higher margins. The company has three projects in backlog with a combined tentative contract value of $19.6 million and is actively pursuing its green hydrogen initiative, aiming for diversified revenue streams through a new business model.