Saying goodbye to "the game played in the mud," Zhu Gongsan predicted at the SNEC Conference: the first half will be AI plus energy, while the second half will involve borrowing space from the sky and the earth.

Zhu Gongsan argues that the primary contradiction facing the industry today is no longer a simple supply-and-demand imbalance, but rather the tension between the traditional manufacturing model and the new power system's demand for high‑value, dispatchable energy supplies.

Zhitong FinanceJun 2 07:22 ET

HKEX Market Movement | GCL New Energy (00451) Rises Over 10% on Plans to Establish Joint Venture with AntChain Inc. to Expand Overseas Asset Services

GCL New Energy (00451.HK) rose more than 10%. As of the time of writing, it was up 10.59% at HK$0.94, with a trading volume of HK$5.4187 million.

Zhitong FinanceMay 28 22:17 ET

Express News | GCL New Energy - Joint Venture to Provide Asset Management Services for Global Energy and Computing Power Assets

ReutersMay 28 10:29 ET

Express News | GCL New Energy Holdings Ltd - Establishment of a Joint Venture With Antchain Inc

ReutersMay 28 10:28 ET

GCL New Energy (00451) has completed the issuance of the first batch of subscribed shares.

GCL New Energy (00451) announced that all the preconditions related to the first batch of subscribed shares under the agreement have been fulfilled, and the first batch completion was implemented on May 8, 2026 (First Batch Completion). According to the terms and conditions of the agreement, a total of 91,740,000 first batch subscribed shares were successfully subscribed by the subscriber at a subscription price of HKD 1.05 per share, representing approximately 5.17% of the company’s enlarged issued share capital following the allotment and issuance of the first batch of subscribed shares.

Zhitong FinanceMay 8 06:10 ET

Express News | GCL New Energy Holdings Ltd - Unit Signs PC Agreement for Jiangmen Dingyi Rooftop Project, 7.75MW, Contract Price RMB7.01 Mln

ReutersApr 29 09:08 ET