HK Stock Market Move | CENTRAL NEW EGY(01735) has risen by more than 5%. The company's high-efficiency photovoltaic modules have begun delivery, and the industry chain prices are expected to continue to recover.

CENTRAL NEW EGY (01735) is now up more than 5%, as of the time of publication, it has increased by 4.56% to HK$8.03, with a turnover of HK$19.3024 million. On the news front, recently, CENTRAL NEW EGY Holding Group has started delivering photovoltaic modules for the 300MW Synchronous Load Storage Project in Wuhai in cooperation with Gotion High-tech, and the photovoltaic power generation project in Kongcheng Town, Tongcheng City, in cooperation with Anhui Guoneng Company. These two module projects have representative application scenarios and customer demands, and are a vivid practice of the company's construction of a "green friends circle". In addition, Huaxin Securities believes that with production control and reduction in the supply side, low silicon wafer and battery inventory, the upstream photovoltaic industry chain has successfully implemented price increases in the off-peak season before the holiday season. Looking ahead to after the holiday season, with the recovery of demand, industry self-discipline, and the expected effects of supply-side policies, the industry chain prices are expected to continue to recover.