HK Stock Market Move | CNGR(02579) rose more than 3% in the morning. The company has recently officially entered the market and has established two salt lake lithium mines in Argentina.

CNGR (02579) rose over 3% in the morning, gaining 2.36% to HK$26.92 as of the time of this report, with a turnover of HK$2044.26 million. In terms of news, CNGR announced that according to the relevant provisions of the "Shanghai Stock Exchange Shanghai-Hong Kong Stock Connect Business Implementation Measures" and the "Shenzhen Stock Exchange Shenzhen-Hong Kong Stock Connect Business Implementation Measures", the company's H shares listed on the Hong Kong Stock Exchange will be included in the list of securities eligible for Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect from December 15, 2025. Changjiang indicated that CNGR's Advanced Material's ternary precursor and cobalt trioxide businesses continue to grow, with growth expected to outpace the industry average, market share continuously increasing, and prospects for the ternary precursor recovering and continuous growth in cobalt. Shipments are expected to continue growing. In addition, CNGR Advanced Material recently stated on an interactive platform that the company has established two lithium brine mines in Argentina, with an estimated lithium resource of over 10 million tons LCE. This resource is expected to increase as exploration work progresses. The company will further confirm the reserves of the two lithium brine mines and conduct mining based on exploration and construction, as well as its own and market demand. The company will disclose relevant progress of the Argentine lithium mine in a timely manner according to the regulations.