Ruipu Lanjun (00666) rose more than 47% in early trading. As of press release, it was up 29.91% to HK$19.18, with a turnover of HK$207.438 million.
The Zhitong Finance App learned that Ruipu Lanjun (00666) rose more than 47% in early trading. As of press release, it had risen 29.91% to HK$19.18, with a turnover of HK$207.438 million.
According to the news, according to the Shanghai Stock Exchange and Shenzhen Stock Exchange's Hong Kong Stock Exchange adjustment announcements, Ruipu Lanjun became eligible to trade shares under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, which took effect on March 4.
According to reports, Ruipu Lanjun is the first listed company under “Nickel King” Qingshan Holding Group Co., Ltd. According to the prospectus, the company mainly focuses on R&D, manufacturing and sales of lithium-ion power battery products and energy storage battery products. In 2022, the company sold 10.48 GWh of energy storage batteries and 6.13 GWh of power batteries. For the first time, sales of energy storage batteries surpassed power batteries, contributing 57.4% of the company's revenue.