HONG KONG, Feb 23, 2025 – (ACN Newswire) – CALB Group Co., Ltd.(“CALB” or “the Firm,” stock code: 3931.HK) announced that it has been incorporated within the Hold Seng Composite Index as of February 21, 2025, with raise out from March 10, 2025.
The Hold Seng Composite Index is a benchmark index for the Hong Kong stock market, representing the largest and most liquid companies within the market. CALB’s inclusion within the index skill the Firm has met the criteria for inclusion within the Hong Kong Stock Join buying and selling program. This putrid-border buying and selling mechanism between mainland China and Hong Kong promotes the outlet and cooperation of the 2 capital markets, offering world traders extra opportunities. As a frontrunner within the battery trade, CALB’s inclusion will attract extra traders from every mainland China and in a single other country, bettering stock liquidity and potentially diversifying its shareholder injurious.
As a number one world contemporary energy technology endeavor, CALB is committed to driving energy transformation and technological innovation, with the mission of “achieving greatness through win-win cooperation, and benefiting mankind for a better world.” Leveraging its solid technological R&D capabilities and innovative potential, the Firm makes a speciality of multiple beneficial properties linked to E-transformation, at the side of electrical autos (EVs) and energy storage methods (ESS). In 2024, CALB’s put in skill of EV batteries firmly ranked the 2nd order amongst the third-birthday party EV battery enterprises in China and third globally. In the skill storage market, the Firm, in collaboration with Sungrow, secured the sphere’s largest energy storage battery repeat in 2024, earning high recognition from strategic customers for its merchandise and transport capabilities. In the marine market, the Firm partnered with numerous well-identified enterprises to promote the operation of the sphere’s first-of-its-model 10,000-ton pure electrical container ship. CALB continues to innovate, supporting the “carbon peaking and carbon neutrality” targets, and actively explores battery recycling and reuse to foster the pattern of the round financial system. The Firm strives to build a battery stout existence cycle management machine within the contemporary energy trade, assembly the rising market quiz for sustainable and environmentally friendly solutions.
CALB said that inclusion within the Hold Seng Composite Index will originate extra capital market opportunities, facilitate its inclusion within the Hong Kong Stock Join program, flee its internationalization, enlarge world impact, and give a rob to prolonged-term shareholder cost. This milestone no longer handiest helps the Firm’s enhance but also offers further capital to pressure breakthroughs within the realm contemporary energy market.
About CALB
CALB is a contemporary energy endeavor specializing within the research, manufacturing, gross sales, and market software pattern of lithium batteries, battery management methods, and linked built-in merchandise and lithium battery materials. As Battery Skilled, we goal to create a comprehensive energy operation machine, to create complete product solutions and stout existence-cycle management for the contemporary energy software market, represented by energy and energy storage.
Currently, CALB has done an all-round structure in home by organising industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has save up bases in Europe and ASEAN, vigorously rising the structure in every single save the sphere to change into a world leading endeavor with immense-scale bright manufacturing capabilities.
Topic: Press open abstract
Provide: CALB Co., Ltd.
Sectors: EVs, Transportation, Manufacturing
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