On July 3, CALB Group rose 5.48% in regular trading, trading at HK$24.28/share, with turnover of HK$23.62 million.
On the news front, according to the latest data from SNE Research, CALB Group's cumulative global power battery installations from January to April reached 18.1GWh, representing a 39.3% year-over-year increase — the highest growth rate among all global players, far exceeding the industry average of 9.1% in Q1. In April, the company's global commercial vehicle market share reached 10.2%, ranking second worldwide. Additionally, a new national safety standard for power batteries took effect on July 1, mandating that batteries must achieve no fire and no explosion after thermal runaway. CALB's proprietary TPP3.0 thermal safety technology is expected to position the company as a key beneficiary of the elevated industry safety requirements.
Fundamentally, CALB reported Q1 revenue of RMB 11.8 billion, up 71.2% YoY, with attributable net profit rising 62.1% to RMB 373 million. Multiple institutions have issued bullish outlooks, citing strong demand from both energy storage systems and EV batteries to support continued shipment growth.
(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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