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China Securities Co.,Ltd.: The demand for green electricity in AI Datacenters is expected to bring additional doubling space for the Energy Storage Industry Chain within three years.
Datacenters open up further growth space for light storage, and the pairing of datacenters with storage is expected to become an industry trend. It is recommended to pay attention to competitive leading energy storage system suppliers and energy storage PCS manufacturers.
Counterpoint Research: By the first half of 2024, China will exceed 60% of the Global passenger electric vehicle market share.
Advanced technology, manufacturing automation, and the ability to provide feature-rich products at competitive prices have given Auto Manufacturers in China an advantage for Global expansion.
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.
Xinyi Energy, Xinyi Solar Renew Solar Farm Deal For Three Years
XINYI ENERGY (03868.HK) and XINYI SOLAR (00968.HK): Renewed the operation and management agreement for the solar power plant.
On December 31, Glorious Investment reported that XINYI ENERGY (03868.HK) and XINYI SOLAR (00968.HK) jointly announced that on December 31, 2024, XINYI ENERGY and XINYI SOLAR entered into a second renewal memorandum, whereby the operation and management agreement for the CECEP Solar Energy plant will be extended for three years until December 31, 2027. All other terms and conditions of the operation and management agreement for the CECEP Solar Energy plant will remain unchanged and will continue to apply after necessary amendments for the arrangement that ends on December 31, 2027.
Earnings Miss: Xinyi Energy Holdings Limited Missed EPS By 13% And Analysts Are Revising Their Forecasts
