HK Stock Market Move | ZENERGY(03677) rose more than 6%, the company submitted an application for A-share listing counseling record, increasing production capacity and creating a second production line.

ZENERGY (03677) surged more than 6%, rising to 6.5% as of press time, reaching 5.9 Hong Kong dollars, with a turnover of 4.8713 million Hong Kong dollars. On the news front, on July 2, ZENERGY announced plans to apply for a public offering of RMB ordinary shares and list on the ChiNext board of the Shenzhen Stock Exchange to promote business development, enhance comprehensive competitiveness, and achieve the company's operational goals and long-term development strategy. The board of directors has approved the initiation of the proposed A-share listing. As of the date of this announcement, the company has signed a listing guidance agreement with Guotai Haitong Securities Co., Ltd., appointed Guotai Haitong as the listing guidance institution, and submitted the filing application for the proposed A-share listing guidance to the relevant regulatory authorities in accordance with applicable laws and regulations. Previously, CICC pointed out that after the domestic "Document No. 136", the economic efficiency of energy storage has improved, overseas power shortages, AIDC construction, and accelerated energy structure transformation have jointly driven the continuous improvement of global energy storage demand. Faced with the accelerating demand for energy storage, the company has increased its investment in energy storage production capacity construction and recently signed an intent for a 50GWh large-capacity energy storage manufacturing project, meeting a variety of scenarios such as long-term energy storage and computational power centers.