Movement Alert｜Drinda New Energy Rises 5.04% in Regular Trading, Multiple Brokerages Issue Buy Ratings as Star Hub Plan Catalyzes Rebound

Market Focus05-22

On May 22, Drinda New Energy rose 5.04% in regular trading, trading at 40.34 HKD/share, with trading volume of approximately 181 million HKD. The stock rebounded after a period of consecutive pullbacks.

On the news front, multiple brokerages recently issued bullish research reports. Guojin Securities and Soochow Securities both assigned buy ratings, with a consensus institutional target price of 98.51 CNY. In terms of catalysts, the company's controlled subsidiary Xingshu Tiansuan was elected as the secretary-general unit of the Shanghai Space Computing Power Industry Ecosystem Partners on May 16, leading the Star Hub Plan for a 1,000-satellite computing constellation. On May 15, the company's first space computing satellite successfully launched, carrying Jietai Aerospace's flexible HJT cells for in-orbit verification under extreme conditions including space radiation and atomic oxygen erosion.

Drinda New Energy is a leading PV cell manufacturer primarily engaged in the R&D, production, and sale of N-type TOPCon monocrystalline cells, with strategic expansion into space photovoltaics and commercial aerospace.

(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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