Movement Alert｜GUOXIA TECH Rises 5.17% in Regular Trading, European Energy Storage Demand Surge Boosts Sentiment

Market Focus07-31

On July 31, GUOXIA TECH rose 5.17% in regular trading, trading at 15.77 HKD/share, with turnover of approximately 7.13 million HKD.

On the news front, the European energy storage sector saw multiple Chinese companies secure orders in Sweden, Germany, and the UK, with combined capacity exceeding 1.8GWh. According to a European solar industry association report, the European battery energy storage market is projected to grow sixfold to approximately 400GWh by the end of this decade. The report emphasized that battery storage is a critical pillar for the EU to achieve energy security and enhance international competitiveness.

GUOXIA TECH had previously signed a 3-year strategic cooperation framework agreement with Sweden-based Rocmore Energy AB, combining the company's energy storage solutions with Rocmore's Nordic projects to jointly serve the broader European market. The company's 2025 revenue reached approximately RMB 2.057 billion, up 100.6% year-over-year, with energy storage system solutions contributing 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.)

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