HK Stock Market Move | Hainan Drinda New Energy Technology (02865) continues to rise by more than 10%, with stock prices increasing by over 50% in the past month. Cooperation with Shangyiben Satellite Layout for calcium titanium ore.

Hainan Drinda New Energy Technology (02865) surged more than 10%, with the stock price rising over 50% in the past month. As of the time of writing, it rose 10.01% to HK$24.62, with a trading volume of HK$156 million. On the news front, Hainan Drinda New Energy Technology mentioned on the interactive platform on January 5 that its partner Shangyi Optical-electric is a rare domestic satellite battery manufacturer. Its core team has been deeply involved in the aerospace application of perovskite for many years and has a unique space simulation research and development platform. It has completed the first principle verification of perovskite materials in a space environment, laying a solid foundation for subsequent on-orbit verification. The company is closely cooperating with Shangyi Optical-electric to promote the on-orbit verification and subsequent industrialization landing work. Soochow believes that under the background of the accelerated development of commercial aerospace and low-orbit satellites, space photovoltaic energy supply is optimal and may experience rapid development. Ground-efficient perovskite/crystalline silicon heterojunction technology is a key support. Sealand believes that with the acceleration of the commercialization process of aerospace, the space industry is expected to develop rapidly, and companies in the industry chain are expected to see a simultaneous increase in performance and valuation.