Hong Kong Stock Movement: BRETON (01333) Surges Over 8% in Morning Trading as Mining Electrification Enters Market-Driven Phase, Highlighting Product Performance Advantages

Stock News
2025/10/27

BRETON (01333) saw its stock price increase by over 8% in morning trading, and as of the time of this report, it was up 3.93% at HK$37, with a trading volume of HK$50.5061 million. According to BRETON's official microblog, during the recent China International Mining Conference, Chairman Chen Fangming emphasized at the Huawei-hosted “Mining Intelligent Microgrid Development Forum” that the global energy structure is gradually transitioning from fossil fuels to new energy. The integration of electrification, energy storage, and artificial intelligence is altering the supply and usage of energy. Unlike passenger vehicle scenarios, the mining industry is characterized by high power demand and long operating hours, making energy efficiency directly impact corporate profitability. Additionally, the rising demand for resources such as copper, nickel, lithium, and cobalt in new energy vehicles, energy storage, and power grid upgrades has put pressure on the mining sector to expand production. Under the dual influence of cost pressures and technological advancements, the mining sector is becoming a critical scene for new energy alternatives and technology implementation. Chen Fangming mentioned that the increasing number of clients actively opting for electrification indicates that mining electrification has achieved considerable cost advantages, marking a transition from a policy-driven to a market-driven phase in the industry. BRETON offers a range of products including electric loaders and electric mining trucks. For instance, the BRT105E fully electric mining truck is equipped with a 700kWh large battery, while the newly developed BRT135E mining truck reaches 800kWh, specifically designed to meet the needs of heavy-duty uphill mining scenarios, featuring an efficient energy recovery system that effectively reduces energy consumption and enhances range.

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