Jinjing Xinneng (01783) rose more than 8% in the afternoon. As of press release, it rose 7.78% to HK$3.6, with a turnover of HK$3.8753 million.
The Zhitong Finance App learned that Jin Jing Xinneng (01783) rose more than 8% in the afternoon. As of press release, it had risen 7.78% to HK$3.6, with a turnover of HK$3.8753 million.
According to the news, Jin Jing Xinneng recently announced that the trading unit for each lot of shares traded on the Stock Exchange will be changed from 10,000 shares to 1,000 shares, effective from 9:00 a.m. on April 2, 2024. The board of directors believes that reducing the number of units traded per lot will reduce the value of each trading unit, thereby lowering the threshold for investors to purchase shares and increasing the degree of circulation of shares, and this move will help the company attract more investors and expand the company's shareholder base.
It is worth noting that in February of this year, Jinjing Xinneng signed a memorandum of understanding with Hefei Guoxuan, a wholly-owned subsidiary of Guoxuan Hi-Tech, to jointly develop and promote power battery recycling business on a global scale. According to the cooperation framework, the two sides will establish joint research institutes in the US, Europe and Southeast Asia to focus on battery recycling policies; and jointly invest in, establish and operate battery recycling businesses in Germany and the US. At the same time, there is a possibility of further cooperation between the two sides in the capital market in the future.