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GGII: It is expected that the shipment of Lithium Battery storage in Datacenters will have a compound annual growth rate of over 80% in the next five years.
GGII estimates that by 2027, the Global Datacenter energy storage Lithium Battery shipments will exceed 69 GWh, and this figure will grow to 300 GWh by 2030, with a compound annual growth rate of over 80% from 2024 to 2030.
SinoHytec Extends Trading Suspension of Shanghai-listed Shares
Yihuatong (02402) fell by 6.91% and is still advancing the acquisition of Xuyang Hydrogen Energy, announcing that A-shares will continue to be suspended from trading.
Jinwu Financial News | Yihua Tong (02402) stock price is declining, as of the time of writing, down 6.91%, reported at HKD 26.95, with a transaction amount of HKD 24.44 million. On the news front, Yihua Tong announced that all relevant parties are still actively advancing the work to purchase Xuyang Hydrogen Energy’s equity through the issuance of A-shares and to raise matching funds. The company expects it will not be able to resume trading starting from March 6, 2025 (Thursday). Considering the uncertainty surrounding the proposed Trade, in order to ensure fair information disclosure and protect the interests of investors, the company has again applied for a suspension of trading, and its stocks will continue to be suspended from the market opening on March 6.
Hong Kong Stock Afternoon Review | The three major indices are rising like a rainbow! The Hang Seng Index reached a new high of 24,000 points in nearly three years, with a rise of nearly 5% and returned to 6,000 points; TechNet and DeepSeek concept stocks
Network Technology stocks rose broadly, KUAISHOU-W increased by 13.89%, Alibaba-W rose by 7.24%; Apple Supplier stocks went up, VSTECS rose by 8.55%, AAC TECH increased by 8.34%; Digital Health stocks surged, Dingdang Health rose by 7.22%, JD HEALTH increased by 5.69%.
Yihuaton (02402.HK): actively promoting the purchase of equity in Xuyang of Dingzhou and raising matching funds.
On March 5, Gelonghui announced that as of the date of this announcement, all relevant parties are still actively advancing the work related to the acquisition of equity in Danzhou Xuyang by issuing A shares and raising matching funds. The company expects that it will not be able to resume Trade starting from March 6, 2025 (Thursday). Given that the proposed Trade still has uncertainties, in order to ensure fair disclosure of information, protect investor rights, and avoid significant impact on A share prices, according to the relevant regulations of the Shanghai Stock Exchange and at the request of the company, Trading of A shares will continue to be suspended starting from March 6, 2025 (Thursday) for no more than five trading days.
Express News | Yihuatong: Planning to issue shares to purchase Assets and raise supporting funds. Trading remains suspended.