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Hengxin Technology Ltd. ( (HK:1085) ) has provided an announcement.
Hengxin Technology Ltd. announced that its proposed 800MW/1600MWh energy storage project in Binzhou City, Shandong Province, China, has been included in the 2025 list of new energy storage projects by the Shandong Energy Administration. This project is the largest among the selected projects and marks a significant milestone in the company’s strategic expansion into the green energy sector, potentially enhancing profitability and supporting long-term growth.
More about Hengxin Technology Ltd.
Hengxin Technology Ltd. operates in the technology sector, focusing on energy storage solutions. The company is involved in the development and construction of large-scale energy storage projects, with a market focus on green energy infrastructure.
Average Trading Volume: 67,298
Technical Sentiment Signal: Sell
Current Market Cap: HK$582M
For a thorough assessment of 1085 stock, go to TipRanks’ Stock Analysis page.