Movement Alert｜GUOXIA TECH Rises 5.23% in Regular Trading, Strategic Partnership with Rocmore to Expand European Energy Storage Market Continues to Ferment

Market Focus07-23 11:58

On July 23, GUOXIA TECH rose 5.23% in regular trading, trading at 17.57 HKD/share, with turnover of approximately 26.82 million HKD.

On the news front, the stock continues to benefit from the strategic cooperation framework agreement signed in late June with Swedish firm Rocmore Energy AB. The three-year deal integrates both parties' resources to jointly develop the Northern European and broader European energy storage markets. GUOXIA TECH will leverage its proprietary cloud-edge-terminal collaborative intelligent architecture and Safe ESS core technology platform to build an AI-driven Tokenized Energy Storage Factory, providing robust energy infrastructure for AI computing power.

Fundamentally, the company reported full-year revenue of approximately 2.057 billion yuan, representing year-over-year growth of 100.6%, with net profit of approximately 103 million yuan, up 109.4% year-over-year. Energy storage system solutions contributed 18.14 billion yuan in revenue, accounting for 88.2% of total revenue.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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