HK Stock Market Move | SINOSYNERGY (09663) rose more than 14% in the morning, the National Development and Reform Commission once again emphasized the importance of hydrogen energy development. The company's hydrogen energy heavy-duty trucks have achieved regular operation.

SINOSYNERGY (09663) rose more than 14% in the morning session, and as of the time of writing, it has increased by 10.85% to 5.72 Hong Kong dollars, with a trading volume of 11.04 million Hong Kong dollars. On the news front, recently, the National Development and Reform Commission (NDRC) held its regular press conference for November. At the conference, Li Chao, Deputy Director of the Policy Research Office of the NDRC and the spokesperson of the Commission, stated that they are encouraging the orderly development of various new energy storage and hydrogen energy technologies to provide strong support for the construction of a new type of power system. They are also promoting the large-scale development of green hydrogen and ammonia in key areas, moderately advancing the construction of infrastructure such as production, transportation, and storage to effectively reduce system operating costs. It is reported that following the "Guiding Opinions of the NDRC and the National Energy Administratio on Promoting the Integration and Regulation of New Energy Sources" and the "15th Five-Year Plan" proposal, the NDRC once again emphasized the support role of hydrogen energy for the new power system and specifically mentioned reducing the system operating costs of green hydrogen and ammonia. According to the official WeChat account of SINOSYNERGY, recently, Xinhua News Agency pointed out in the interpretation of the "15th Five-Year Plan" proposal that hydrogen energy, as a "new energy star," has been included in future industries and is gradually moving from the laboratory to large-scale industrialization, with the potential to become a new economic growth point and provide important support for achieving the "dual carbon" target. Under the dual promotion of the "dual carbon" target and hydrogen energy policy, the pace of green transformation is accelerating. Hydrogen fuel cell heavy-duty trucks, with their long range, fast refueling, and zero emissions, are becoming a feasible path for the clean-up of mainline logistics. Currently, SINOSYNERGY's fuel cell heavy-duty trucks are in regular operation at hubs such as Guoyuan Port, Jiangjin Port, and Huanglian Port in Chongqing, actively participating in the construction of the green freight transport system of the Western Land-Sea New Channel.