On May 20, CNGR Advanced Material rose 5.02% in regular trading, reaching HKD 37.64 per share, with trading volume of approximately HKD 31.33 million.

On the news front, the company recently held a frontier material technology launch event at the 18th Shenzhen International Battery Exhibition (CIBF), unveiling new material technology achievements across solid-state batteries, sodium-ion batteries, and low-altitude aircraft applications. On the fundamental side, the company reported robust Q1 results with revenue of RMB 15.75 billion, up 46% year-over-year; net profit attributable to shareholders of RMB 555 million, surging 80.54% year-over-year; and non-GAAP net profit growth of 96.87% year-over-year. Market participants noted that following consecutive pullbacks in its A-share listing, the Hong Kong-listed shares may be entering a valuation recovery phase.

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