An announcement from Hengxin Technology Ltd. ( (HK:1085) ) is now available.
Hengxin Technology Ltd. announced that its subsidiary, Zhejiang Zhongguang New Energy Technology Co., Ltd., has had its Delingha 50MW Tower-type Molten Salt Thermal Storage Solar Thermal Project included in the Green Technology Promotion Catalog (2024 Edition) by China’s National Development and Reform Commission. This inclusion highlights the project’s significance as a benchmark in the green and low-carbon energy transformation industry, showcasing its potential to save 46,000 tonnes of standard coal annually and reduce carbon dioxide emissions by approximately 121,000 tonnes. The recognition is expected to bolster the company’s long-term growth and industry positioning.
More about Hengxin Technology Ltd.
Hengxin Technology Ltd., operating as HX Singapore Ltd. in Hong Kong, is incorporated in Singapore and is involved in the green technology sector. The company focuses on energy-saving and carbon-reduction industries, environmental protection, and resource recycling, with a notable emphasis on molten salt thermal storage technology.
YTD Price Performance: 8.00%
Average Trading Volume: 169,965
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$628.6M
For an in-depth examination of 1085 stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com