According to Zhitong Finance, Junzhi Group (01300) surged over 11%. As of the time of writing, the stock was up 9.26% at 1.18 HKD, with a turnover of 7.5495 million HKD. On the news front, Junzhi Group recently announced that China Tower Corporation published the results of the selected candidates for its 2026 Feeder Products (Signal Cables) Concentrated Procurement Project via its online business platform (hereinafter referred to as the "Bid Award Announcement"). The Group's wholly-owned subsidiary, Jiangsu Junzhi Technology Co., Ltd. (hereinafter referred to as "Junzhi Technology"), was a successful bid candidate and was preliminarily selected for China Tower Corporation's 2026 Feeder Products (Signal Cables) Concentrated Procurement Project. The total value of this tender and bid was approximately 981 million yuan (tax exclusive), with Junzhi Technology ranking third among the winning bidders. China Tower Corporation is one of the Group's major clients. This signal cable centralised procurement will play a positive role in promoting both 5G and the construction of AI Data Centres (AIDCs) in China. To address the rapid growth in global artificial intelligence (AI) computing demand, the Group is making high-intensity strategic investments to fully expand its business presence in the domestic AIDC sector. As AIDC construction in China continues to expand and develop rapidly, the Company expects this business segment to make increasing contributions to the Group's overall business, becoming a core engine driving the Group's operations and leading the Group into a new cycle of high-quality development.
Apr 23, 2026 10:50
Prior to the 2025 SMM APAC Lead-Acid Battery Industry Conference, organized by Shanghai Metals Market (SMM), SMM led a delegation on a corporate visit to KIJO Battery (Vietnam) Co., Ltd. for exchange and insights.
Dec 5, 2025 10:50[SMM New Energy News Flash] China Carbon Neutral Development Group, China Recycling Development Group, and China Tower held a high-level meeting to discuss building a lithium battery circular economy ecosystem. The three parties aim to strengthen cooperation in retired battery recycling, second-life applications, and resource utilization to support China’s “dual carbon” goals. China Tower, with over 2.2 million base stations and strong experience in second-life battery applications, emphasized its commitment to green and low-carbon development. China Recycling highlighted its nationwide resource recovery network, while China Carbon Neutral showcased its blockchain-powered “Xunli Net” platform, integrating transaction, data, and finance to enable traceable and high-quality battery lifecycle management. Together, the parties plan to form a closed-loop industrial chain of “recycling–reuse–reapplication,” create demonstration benchmarks for the lithium circular economy, and expand China’s low-carbon solutions globally.
Aug 25, 2025 12:02