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Tesson Holdings Ltd. ( (HK:1201) ) just unveiled an announcement.
Tesson Holdings Limited has signed a strategic cooperation agreement with Fujian Contemporary Nebula Technology Energy Co., Ltd. and Sino Express Intelligence Co., Limited to introduce a zero-carbon microgrid business model and advanced energy storage applications to Hong Kong. The collaboration will focus on deploying high-power charging facilities equipped with world-leading battery performance testing technology at Sino Express’s ultra-fast charging stations, while Tesson invests in facilities for battery removal, safe storage, and a comprehensive power battery aftermarket service system. By promoting cascade utilisation of electric vehicle power batteries—reusing them in energy storage and lower-demand applications before eventual degradation—the initiative aims to extend battery lifecycles, support green and low-carbon development goals, and position Hong Kong as a hub for innovative battery asset management and zero-carbon industrial ecosystem services.
The most recent analyst rating on (HK:1201) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Tesson Holdings Ltd. stock, see the HK:1201 Stock Forecast page.
More about Tesson Holdings Ltd.
Tesson Holdings Limited is a Bermuda-incorporated company listed in Hong Kong that operates through subsidiaries in businesses linked to new energy and electric vehicle infrastructure. Its activities include supporting the deployment of high-speed charging stations and advanced battery technologies, with a focus on enhancing energy storage applications and related services in Hong Kong and the broader region.
Average Trading Volume: 535,628
Technical Sentiment Signal: Hold
Current Market Cap: HK$425.2M
For an in-depth examination of 1201 stock, go to TipRanks’ Overview page.

