Hong Kong Stock Alert | ZENERGY (03677) Surges Over 5% Again as Company Officially Enters Stock Connect, Recent Partnership with Zero Gravity Aircraft Industry

Stock News
09/11

ZENERGY (03677) surged over 5% again. As of press time, the stock rose 5.67% to HKD 11.55, with a trading volume of HKD 141 million.

On the news front, ZENERGY announced that the company's shares have been included in the list of eligible securities under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs, effective from September 8. The board of directors believes that the inclusion in the Stock Connect eligible securities list will help accelerate the expansion of the company's shareholder base, enhance the trading liquidity of the company's shares, and further improve the company's reputation in the capital market as well as brand recognition.

Notably, on August 18, Zero Gravity Aircraft Industry and ZENERGY officially signed a strategic cooperation agreement for aviation energy systems. The aviation batteries for the RuiXiang RX1E series electric fixed-wing aircraft, supplied by ZENERGY, received airworthiness certification from the Civil Aviation Administration of China along with the complete aircraft, officially launching mass delivery. This partnership with ZENERGY will further optimize the product capabilities of the RuiXiang RX1E series, marking that China's currently only commercially viable electric light sport aircraft RX1E series has officially entered the era of accelerated mass production.

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