HK Stock Market Move | CENTRAL NEW EGY(01735) rose more than 6% in early trading. The policy window period shows a rush to install photovoltaic components, with prices quoted in recent periods continuing to rise.
Chinaco Energy (01735) surged over 6% in early trading, as of the time of writing, it is up 4.55% at 8.5 Hong Kong dollars, with a trading volume of 23.0049 million Hong Kong dollars.
CENTRAL NEW EGY (01735) rose more than 6% in the morning session, with a 4.55% increase as of the time of writing, trading at 8.5 Hong Kong dollars with a transaction amount of 23.0049 million Hong Kong dollars.
On the news front, the prices of photovoltaic modules have been continuously increasing recently, with some mainstream modules in short supply. It is reported that module production in March increased by more than 35% compared to the previous month, reaching close to 55GW, and is expected to remain at a high level from March to May. Huachuang Securities pointed out that due to the impact of domestic policies, there has been a rush to install solar panels during the policy window period, especially in the distributed market where order volumes have significantly increased in March and April.
Public information shows that CENTRAL NEW EGY, with its leading advantage in N-type TOPCon high-efficiency solar cell technology, ensures stable and reliable power output of its products in various extreme environments. Recently, CENTRAL NEW EGY Holding Group has started delivering photovoltaic modules for the 300MW Urinet Load Storage Project in Wuhai in cooperation with Gotion High-tech and the Photovoltaic Power Generation Project in Kongcheng Town, Tongcheng City, Anhui Province in cooperation with Anhui Guoneng Company. These two module projects have representative application scenarios and customer demands, and are a vivid practice in building the company's "green circle of friends".
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