REPT BATTERO Shares Surge Nearly 11% as Energy Storage Sector Maintains Strong Momentum; Company Unveils Wending® Flash Charging Technology

Stock News
04/29

REPT BATTERO (00666) rose nearly 11%, gaining 10.82% to HKD 16.29 by the time of writing, with a turnover of HKD 69.23 million. Industry data indicates that shipments of energy storage lithium batteries in China reached 215 GWh in the first quarter of 2026, a year-on-year increase of 139%. Leading companies currently have production schedules filled through the end of 2026 to the second quarter of 2027, with capacity utilization at saturated levels and a shift toward prioritizing high-margin orders. Analysts note that REPT BATTERO has strategically positioned itself in the residential energy storage segment, achieving top-tier shipment volumes. To support market expansion, the company has clear capacity plans: targeting 90 GWh by 2025, with expected expansion to approximately 120 GWh in 2026 and 150 GWh in 2027, which is anticipated to drive continuous economies of scale. Notably, at the recent Beijing International Automotive Exhibition, REPT BATTERO showcased comprehensive power battery solutions for both passenger and commercial vehicles, highlighting recent breakthroughs in charging efficiency, material innovation, and application scenarios. During the "Wending® Flash Charging Technology Launch Event," the company officially introduced its Wending® flash charging technology, marking a significant advancement in electric vehicle energy replenishment efficiency.

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