HK Stock Movement | CIMC (02039) Surges Over 7% in Afternoon Trading as Energy Storage Containers Gain Market Attention, Company Boasts Strong Cost Competitiveness

Stock News

Nov 14

CIMC (02039) surged more than 7% in afternoon trading, with shares rising 6.19% to HKD 7.72 by the time of writing, recording a turnover of HKD 170 million.

The rally follows news that Hypontech and CATL have entered into a decade-long strategic partnership, with Hypontech committing to procure no less than 200GWh of electricity from 2026 to 2028. Notably, Hypontech integrates energy storage containers with system solutions, offering a one-stop "container + energy storage system" package. Energy storage containers have emerged as the mainstream solution for power generation and grid-side energy storage projects.

Public data indicates that CIMC leverages its economies of scale and technological expertise in container manufacturing to maintain strong cost competitiveness in the energy storage container sector. The company recently emphasized its efforts to build integrated capabilities across the energy storage supply chain, with products spanning power generation, grid-side, and commercial/industrial energy storage systems. Additionally, CIMC has established stable partnerships with overseas large-scale wind power operators.

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