Today, $DRINDA (02865.HK)$ Hong Kong stocks surged over 22%. As of the time of writing, they were up 22.59%, trading at HKD 20.84 with a turnover of HKD 138 million.
In terms of developments, on December 23, JunDa Co., Ltd. disclosed records of its investor relations activities, which mentioned that the company recently signed a strategic cooperation agreement with Shangyi Optoelectronics. As a strategic shareholder, the company will make an equity investment in Shangyi Optoelectronics. Both parties will deeply integrate industry and scenario resources to collaborate on the application of perovskite battery technology in space energy. They will establish a coordination mechanism covering areas such as technology research and development, in-orbit validation, industrialization implementation, and expansion of application scenarios. Guojin Securities’ research report reiterated its positive outlook on space photovoltaics becoming the strongest main theme for the current period and the upcoming year. Subsequent catalysts from rocket tests, corporate IPOs, endogenous/exogenous moves within the supply chain, product validation/supply progress, and other related factors will continue to emerge intensively. The potential upside for core photovoltaic-related stocks remains substantial.
Notably, there have been frequent catalysts in commercial aerospace recently. According to the latest reports, on December 26, the Shanghai Stock Exchange formulated the 'Guidance No. 9 on the Application of Listing and Issuance Review Rules of the Shanghai Stock Exchange – Application of the Fifth Set of Listing Standards for Commercial Rocket Enterprises,' which has been officially published and took effect upon release. The Guidance contains fourteen provisions, detailing the application of the fifth set of listing standards for commercial rocket enterprises. Open Source Securities believes that with the refinement of the requirements under the fifth set of listing standards for commercial rocket enterprises and the acceleration of capitalization in the commercial aerospace sector, China’s commercial aerospace industry has entered a golden development phase characterized by 'capital empowerment + technological breakthrough + scale expansion.'
Editor/KOKO