Chaowei Power's stock surged 5.00% during intraday trading on Monday, marking a significant upward movement.
The sharp rise appears to be driven by the company's robust 2025 financial results, which were announced earlier in the day. The batteries maker reported a 25% year-on-year increase in attributable profit to 360.9 million yuan, with revenue growing 8.1% to 54.40 billion yuan. The company also proposed a dividend of HK$0.056 per share.