Hengli Industrial Development Group (SHE:000622) partnered with Ganfeng Lithium (HKG:1772, SHE:002460) to promote the development of the new energy industry.
Under the cooperation deal, the automotive air conditioners manufacturer and Ganfeng Lithium will cooperate in the supply chain of new energy battery materials and undertake application research in the supply chain of battery liquid cooling systems, according to a Friday filing with the Shenzhen bourse.
Shares of Hengli Industrial Development Group rose 5% Friday.
Price (HKD): $1.94, Change: $+0.090, Percent Change: +4.86%
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