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Hong Kong Stock Variation | LEOCH INT'L (00842) rose over 8% during the trading session. The company is the largest lead-acid Battery exporter in China and plans to spin off its overseas Business and list in the United States.
LEOCH INT'L (00842) rose over 8% during the session, with a cumulative increase of nearly 60% this month. As of the time of writing, it has risen 5.31%, priced at 2.38 Hong Kong dollars, with a turnover of 26.4133 million Hong Kong dollars.
When will Solid State Batteries take off? Materials, Cells, and vehicle companies are all "rushing" to break through to batteries under 500Wh/kg before 2030 | Industry Observation
① Academician Ouyang Minggao predicts that in the future three stages of technological development, the focus before 2030 will be on breakthroughs in batteries below 500Wh/kg; high-nickel ternary and silicon anodes will be mainstream materials. ② From the perspective of industrial development, materials, Cells, automakers, and academia are joining forces to collaboratively tackle the challenges of mass production of Solid State Batteries, promoting the early realization of large-scale commercial applications of Solid State Batteries.
Leoch International Technology Limited's (HKG:842) Shares Not Telling The Full Story
Leoch International Gets Clearance for US Spin-off of Unit
LEOCH INT'L (00842.HK) suggests that the spun-off company Leoch Energy Inc. be listed separately on the Exchange in the USA.
On February 12, LEOCH INT'L (00842.HK) announced that it has submitted a proposal to the Exchange regarding a suggested spin-off in accordance with guideline 15 of the listing rules, aiming to separately list the spun-off company Leoch Energy Inc. on the USA Exchange. The proposal has been approved by the Exchange. The spun-off company is an exempt company registered under the laws of the Cayman Islands and is a direct wholly-owned subsidiary of the company as of the date of this announcement. The main business of the spun-off company group is in Europe, the Middle East and Africa, the Americas, and the Asia-Pacific region (excluding China.
Express News | Leoch International Technology Ltd - Obtained Approval From Stock Exchange That Company May Proceed With Proposed Spin-off
