REPT BATTERO (00666) surged over 9% in morning trading. As of press time, the stock was up 9.08% to HK$12.98, with a trading volume of HK$62.3786 million. On the news front, according to announcements from solar energy and Jinkai New Energy companies, multiple new energy power generation operators have recently received concentrated distributions of renewable energy subsidy funds. According to institutional sources, operators received intensive subsidy distribution notices by the end of August, clearly accelerating the disbursement of renewable energy generation subsidies. It is reported that market-driven trading is encouraging wind and solar operators to actively and voluntarily configure high-quality energy storage. After Document No. 136 "cancelled mandatory allocation," large-scale storage demand has not decreased but increased, with the market structure expected to improve. Recently, leading energy storage battery companies have approached full capacity, with some beginning to raise prices. It is worth noting that REPT BATTERO previously released its interim results, achieving revenue of RMB 9.491 billion in the first half of the year, a year-on-year increase of 24.9%; gross profit reached RMB 829 million, surging 177.8% year-on-year, showing a significant trend of profit improvement. In terms of product sales performance, the company's total lithium battery product sales reached 32.4GWh in the first half of the year, surging 100.2% year-on-year. Among these, energy storage battery shipments reached 18.87GWh, surging 119.3% year-on-year; power battery shipments reached 13.53GWh, increasing 78.5% year-on-year.