Shares of Jingcheng Mac (00187) surged over 16%, with the company's A shares hitting the daily upper limit. As of the time of publication, the stock rose by 16.1% to HKD 3.1, with a turnover of 77.4187 million Hong Kong dollars.
According to the U Finance App, shares of Jingcheng Mac (00187) surged over 16%, with the company's A shares hitting the daily upper limit. As of the time of publication, the stock rose by 16.1% to HKD 3.1, with a turnover of 77.4187 million Hong Kong dollars.
On the news front, Jingcheng Machinery Electric's wholly-owned subsidiary, Tianhai Industrial, announced that its self-developed vehicle-mounted hydrogen cylinder successfully passed the low-temperature performance test and safety test under hydrogen medium at the Beijing Aerospace Test Technology Research Institute. This is the first complete set of hydrogen medium tests conducted domestically, and the successful test strongly validated the reliability of the design, test plan, and test rig of the vehicle-mounted hydrogen cylinder, accumulating authentic and effective data for the evaluation of the safety and low-temperature performance of hydrogen storage systems.
It is understood that Jingcheng Mac is the only listed platform under the Jingcheng Machinery Electronic Control Group. The company, formerly known as Beiren Printing Machinery Co., Ltd., underwent asset restructuring and entered the gas storage and transportation business. The company has eight professional gas storage equipment production bases (Beijing Tianhai, Minghui Tianhai, Tianhai Low Temperature, Tianjin Tianhai, Shanghai Tianhai, Kuancheng Tianhai, Tianhai Hydrogen Energy, Jiangsu Tianhai) and a group company in the USA.