CALB's stock price surged 8.78% during intraday trading on Friday, marking a significant upward movement for the energy storage company.
The sharp rise appears to be driven by the company's product announcements at the 14th Energy Storage International Summit and Exhibition (ESIE 2026) in Beijing. CALB officially launched its "Zhijiu" series of next-generation long-cycle energy storage cells, featuring three models with capacities of 392Ah, 588Ah, and 661Ah. These cells boast a cycle life of 15,000 cycles, a calendar life of 25 years, and zero capacity decay within the first three years.
Additionally, CALB collaborated with Bingwu Digital Intelligence to introduce the "Zero-Carbon Ark" energy management platform, positioning it as an intelligent energy hub for industrial parks and cities. The company's focus on AI+energy solutions and zero-carbon technology appears to have generated positive investor sentiment during the trading session.