ADD NEW ENERGY (02623) rose nearly 15% again. At the time of writing, the stock was up 11.93% to HK$5.32, with a turnover of HK$21.78 million. The surge follows the company's announcement of a strategic investment plan. ADD NEW ENERGY intends to invest A$39.5 million in Horizon Minerals. Upon completion of the investment, the company will hold approximately 9.95% of the issued share capital of the target company. This move signifies ADD NEW ENERGY's official entry into the promising gold mining sector, diversifying from its original core business of ilmenite. Public information shows that Horizon Minerals is a mid-tier gold producer in Australia. As of February 2026, its estimated mineral resources amount to 34.32 million tonnes, with an average grade of 1.7 grams of gold per tonne. This equates to a total of approximately 1.88 million ounces of gold. The company's resource base is considered high-quality, supported by its key cornerstone assets located at Boorara and Burbanks in Western Australia, indicating significant development potential.