HK Stock Market Move | Hainan Drinda New Energy Technology (02865) rises over 4%. Ministry of Industry and Information Technology supports the forward-looking research on space computing power technology. The company meets the computing power constellation level demands.

Hainan Drinda New Energy Technology (02865) rose more than 4%, rising 3.6% as of the press release to 34.46 Hong Kong dollars, with a turnover of 295 million Hong Kong dollars. On the news front, on April 21st, the State Council Information Office held a press conference to introduce the industrial and information development in the first quarter of 2026. Deputy Minister of Industry and Information Technology, Zhang Yunming, stated that the Ministry of Industry and Information Technology will guide the orderly construction of computing power infrastructure, promote the coordinated layout of green electricity and computing power, advance the automated monitoring of computing power, improve China's computing power platform, promote precise matching of supply and demand for computing power, and enhance the efficiency of computing power resource utilization. At the same time, it will carry out the Strong Foundation Action for Computing Power, promote the transformation of results and innovation, improve the construction of the computing power standard system, support forward-looking research on space computing power technology, and promote the orderly development of the space computing power industry. Sinolink pointed out that as the demands for spacecraft payloads and performance continue to drive higher power requirements, the space energy demand for power-to-weight ratio, storage space, structural weight, and deployment/retraction capability has accelerated the development and progress of flexible technology structures. Hainan Drinda New Energy Technology's energy base product technology primarily cooperates with Shanghai Xingyi Xineng (Shanghai Xingyi), originating from the technical system of the Institute of Optics and Mechanics of the Chinese Academy of Sciences. It has exclusive technical advantages in the formulation and anti-radiation structure design in the extreme environment of space.