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Hong Kong stocks movement | Solar energy stocks warmed up in the morning, with multiple links in the Industry Chain experiencing price increases. Institutions state that the basic situation of the Industry is at an upward turning point at the bottom.
In the morning session, solar stocks are rebounding. As of publication, XINYI SOLAR (00968) is up 3.82%, trading at HKD 3.26; GCL TECH (03800) is up 3.7%, trading at HKD 1.12; FLAT GLASS (06865) is up 3.46%, trading at HKD 11.96; XINYI ENERGY (03868) is up 1.32%, trading at HKD 0.77.
Sinolink: A turning point in Photovoltaic Glass inventory has emerged, pay attention to the downstream component factory restocking demand after the Spring Festival.
The inventory turning point in the Photovoltaic Glass Industry has been observed, expecting a price turning point, and focusing on the demand for downstream component manufacturers to restock after the Spring Festival.
Triumph New Energy's Strategic Acquisition of Jiangsu Triumph
Triumph New Energy Revamps Board and Committees
Triumph New Energy Approves Director Appointments
TRIUMPH NEW EN (01108.HK) acquired 74.60% equity of Jiangsu TRIUMPH NEW MATERIALS through capital increase.
On December 30, GELONGHUI reported that TRIUMPH NEW EN (01108.HK) announced that on December 30, 2024, the company entered into a capital increase agreement with Suqian Development, Cixi New Energy, and Shuyang Trading (each serving as the original Shareholder of Jiangsu Kaisheng). According to this agreement, the parties conditionally agree to (i) inject a total of 373,000,000 yuan in Cash into Jiangsu Kaisheng to subscribe for the newly added registered capital of Jiangsu Kaisheng amounting to 373,000,000 yuan; and (ii) Suqian Development (as the original Shareholder of Jiangsu Kaisheng) will inject an additional 12 million yuan in Cash into Jiangsu Kaisheng.
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104054975 : there are rooms to increase to $10
104054975 : ramping up now