HK Stock Market Move | ACME INTL HLDGS(01870) rose nearly 10% during trading hours, and the independent energy storage project has received official approval for connection from Guangdong Power Grid.

ACME INTL HLDGS (01870) rose nearly 10% intraday, as of the time of writing, it was up 3.92% to HK$0.53, with a turnover of HK$6.3391 million. In terms of news, ACME INTL HLDGS announced a significant breakthrough in business expansion. Its wholly-owned subsidiary, Lechang Green Electric Energy Storage Technology Co., Ltd., has officially been included in the Guangdong Energy Bureau's Independent Energy Storage Construction Plan (NAGUI) and has entered the 2025 construction plan. Recently, it has received formal approval for connection from the Guangdong power grid, marking the project's entry into a substantial progress phase. The "Lechang 218MW/436MWh Electrochemical Independent Energy Storage Project in Shaoguan City" developed by the group uses lithium iron phosphate battery cells and covers a total area of 47 acres. The project completed the record-filing for the Guangdong provincial enterprise investment project on January 8, 2025, and was included in Guangdong's 2025 annual plan for new energy storage station construction on April 28, 2025. The project site is located in Hefeng Village, Pingshi Town, Lechang City, Shaoguan City. As of August 10, 2025, the project had obtained feedback from various relevant government departments in Lechang City, Shaoguan, regarding site selection. The project has completed feasibility study reports and connection system reports, and on December 19, 2025, it received formal approval for connection from the Guangdong Power Grid Company.