Clean Energy Technologies, Inc. (CETY) disclosed that it has completed an update on its investment in a convertible bond issued by China Ruifeng Renewable Energy Holdings Limited, a Hong Kong‑listed renewable‑energy company. The update confirms that CETY has exercised its purchase agreement to acquire a portion of the bond and reiterates its ongoing interest in the project.
CETY’s investment in the bond was structured as a combination of cash and equity. In January 2026, the company paid approximately $1.5 million in cash and issued CETY common stock to acquire a portion of the convertible bond. A subsequent transaction involved the purchase of HK$11,700,000 of a larger bond for $700,000 in cash and 1,932,000 shares of CETY common stock. These transactions give CETY a passive stake in the bond and exposure to the underlying project without granting operational control.
China Ruifeng announced on February 9, 2026 that it had entered into a non‑binding investment framework agreement for a $3.4 billion artificial‑intelligence computing center in Xuanhua District, Zhangjiakou City, Hebei Province. The project will be built in phases, integrate renewable power and energy‑storage systems, and is expected to begin initial operations in 2028. CETY is not a party to the framework agreement and has not entered into any definitive agreement with China Ruifeng or its affiliates regarding the AI center.
CETY’s strategic rationale for the convertible‑bond investment is to gain indirect exposure to the growing AI‑infrastructure market while maintaining a low‑risk, passive position. The company’s own financial statements show negative revenue growth of 70.9 % over the past three years, negative operating and net margins of –119.5 % and –192.29 % respectively, and an Altman Z‑Score of –2.39, indicating significant financial distress. These conditions underscore the importance of careful capital allocation and the need for CETY to monitor the performance of its investments closely.
Trading activity around the announcement was elevated, with volume reaching 6,531,031 shares—about 3.92 times the 20‑day average—reflecting heightened investor interest in the AI‑infrastructure theme. The volume spike was driven primarily by the announcement of China Ruifeng’s AI computing center, rather than by a direct change in CETY’s ownership or control.
The update signals that CETY is pursuing a strategic, low‑risk exposure to a large‑scale AI project while navigating its own financial challenges. The company’s investment does not alter its operational control of China Ruifeng, but it positions CETY to benefit from the potential upside of the AI center’s energy‑storage and renewable‑power integration as the project progresses toward its 2028 launch.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.