HK Stock Market Move | CALB(03931) rose more than 3% with January commercial battery delivery volume up 630% year-on-year, the company plans to implement full circulation of H shares.

CALB (03931) rose more than 3%, rising to 3.16% by the time of publication, with a price of 24.8 Hong Kong dollars and a transaction amount of 32.7097 million Hong Kong dollars. On the news front, on February 5th, according to CALB's official Weibo account, in 2026, the company continued its strong momentum, with a 630% year-on-year increase in commercial battery deliveries in January, marking the company's market strategy and production capacity layout entering a period of comprehensive harvest. It is worth mentioning that CALB announced that, according to guidelines and considering the intention of the company's shareholders to participate in the full circulation of H shares, on February 5, 2026, the company's board of directors considered and approved a proposal to convert 207,102,914 domestic shares held by some shareholders of the company into H shares, accounting for approximately 11.69% of the total issued share capital of the company on the date of this announcement. The number of domestic shares proposed to be applied for circulation in this H-share full circulation still requires approval from the China Securities Regulatory Commission and the approval of the Stock Exchange, and adjustments will be made when the H-share full circulation is completed before the company distributes bonus shares to existing shareholders or increases its share capital through capital reserves. As of the date of this announcement, the company has submitted the filing application documents to the China Securities Regulatory Commission for the full circulation of H shares.