On June 2, CALB (03931.HK) rose 3.39% in regular trading, trading at 32.04 HKD/share, with trading volume of 34.61 million HKD, extending its recent rebound trajectory.
On the news front, the company recently confirmed its entry into Xiaomi Auto's new brand Xuntian supply chain as the primary battery supplier. Securing key volume model orders is expected to further consolidate the company's market share. Meanwhile, JPMorgan recently upgraded CALB's rating, shifting investment focus from price recovery to profit realization.
Additionally, the company signed a strategic cooperation agreement with Ninebot on May 26, expanding into short-distance transportation applications with high-performance lithium batteries. The global energy storage market continues to maintain high-speed growth, with CALB's storage products covering utility-scale, commercial and industrial, and residential scenarios. Emerging opportunities in low-altitude economy and robotics are also expected to open long-term growth space, with multiple positive factors collectively driving share price recovery.
(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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