Movement Alert｜Guoxia Tech Rises 21.69% in Regular Trading, Subsidiary Hanchu Signs Strategic Partnership with Swedens Rocmore for Nordic Energy Storage

Market Focus07-07

On July 7, Guoxia Tech (02655.HK) rose 21.69% in regular trading, trading at HK$24.82/share, with turnover of HK$364 million, extending the previous trading day's nearly 28% surge.

On the news front, during the Smarter E Europe exhibition in Munich, Germany, the company's subsidiary Hanchu formally signed a strategic cooperation agreement with Swedish developer Rocmore. The two parties will collaborate on full-scenario energy storage applications across the Nordic region, injecting new momentum into the company's deeper European market expansion.

Additionally, cornerstone investor Huikai Hong Kong Economic Development Co., Ltd., a wholly state-owned investment platform established by Wuxi Huishan Economic Development Zone, voluntarily committed to extending its lock-up period by 18 months starting June 16, signaling firm confidence in the company's long-term value and future prospects.

(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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