REPT BATTERO (00666) continued its upward momentum with another surge of over 9%. As of press time, the stock was trading 7.68% higher at HK$14.02, with turnover reaching HK$156 million.

On the news front, REPT BATTERO recently signed a 2026 supply agreement with Energy Vault, a leading global grid-scale energy storage solutions provider, in the United States. Under the agreement, REPT BATTERO will supply 3GWh of energy storage systems to Energy Vault in 2026, and both parties will further deepen their cooperation in the Australian, US, and European markets.

The collaboration between REPT BATTERO and Energy Vault has been ongoing for several years, with cumulative supply exceeding 1.5GWh. Projects jointly developed by both companies have been successfully delivered and implemented across multiple markets in the United States, Europe, and Australia.

Industrial Securities recently published a research report stating that REPT BATTERO, backed by Tsingshan Group, is experiencing orderly capacity expansion both domestically and internationally, with shipment growth leading the industry and scale effects gradually emerging. The company is optimizing its product structure and reducing costs while improving efficiency. REPT BATTERO's battery shipments doubled in the first half of 2025, with profit indicators significantly improving and approaching breakeven. The firm remains optimistic about the company's subsequent performance improvement and long-term development prospects, maintaining a "buy" rating on REPT BATTERO.