On May 22, Drinda New Energy rose 5.04% in regular trading, trading at 40.34 HKD/share, with trading volume of approximately 181 million HKD. The stock rebounded after a period of consecutive pullbacks.

On the news front, multiple brokerages recently issued bullish research reports. Guojin Securities and Soochow Securities both assigned buy ratings, with a consensus institutional target price of 98.51 CNY. In terms of catalysts, the company's controlled subsidiary Xingshu Tiansuan was elected as the secretary-general unit of the Shanghai Space Computing Power Industry Ecosystem Partners on May 16, leading the Star Hub Plan for a 1,000-satellite computing constellation. On May 15, the company's first space computing satellite successfully launched, carrying Jietai Aerospace's flexible HJT cells for in-orbit verification under extreme conditions including space radiation and atomic oxygen erosion.

Drinda New Energy is a leading PV cell manufacturer primarily engaged in the R&D, production, and sale of N-type TOPCon monocrystalline cells, with strategic expansion into space photovoltaics and commercial aerospace.

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