HK Stock Market Move | REPT BATTERO (00666) rose over 8% during trading hours. The company's share of lithium iron phosphate power battery shipments in the past 24 years ranks top three in the industry in terms of growth rate.
Raymond Chan (00666) rose more than 8% during trading hours, and as of the time of publication, it had risen 8.76%, closing at 11.92 Hong Kong dollars with a trading volume of 8.317 million Hong Kong dollars.
REPT BATTERO (00666) rose more than 8% during trading, reaching a 8.76% increase by the time of publication, with a price of 11.92 Hong Kong dollars and a trading volume of 83.17 million Hong Kong dollars.
In recent news, the China Automotive Power Battery Industry Innovation Alliance released data showing that from January to December 2024, REPT BATTERO's installed capacity of lithium iron phosphate power batteries was 12.14GWh, ranking in the top 6 in the industry with a market share of 2.97%, an increase of 1.17 percentage points year-on-year, and ranking in the top 3 in terms of market share growth among the top 10 lithium iron phosphate power battery companies in terms of installed capacity.
Statistics show that more than 40 models of heavy-duty trucks from leading truck companies such as XCMG, Sany, FAW Jiefang Group, Sinotruk Jinan Truck Group, and Shaanxi Automobile Group are equipped with REPT BATTERO power batteries. In the energy storage sector, as a leading company in the industry, REPT BATTERO provides customized high-quality energy storage products and solutions for large projects globally, covering a wide range of energy storage applications in electricity, transportation, and industry.
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