HK Stock Market Move | CENTRAL NEW EGY (01735) rose over 6% in morning trading; recently received an MSCI ESG preliminary rating of BB; the company plans to change its name to "Central Smart Computing".
Central New Energy (01735) rose over 6% in morning trading. As of press time, it was up 4.94% at HK$10.62, with a turnover of HK$56.0466 million.
CENTRAL NEW EGY (01735) rose over 6% in morning trading. As of press time, it was up 4.94% at HK$10.62, with a turnover of HK$56.0466 million.
On the news front, in September this year, MSCI Sustainability & Climate released an ESG preliminary rating report on CENTRAL NEW EGY Holdings Group Co., Ltd. As of September 23, the company received a BB-level ESG preliminary rating, with an industry-adjusted ESG score of 4.14 and a weighted average key issue score of 4.8. The scores for the three pillars of environment, social, and governance were 4.8, 2.3, and 7.0, respectively, with governance performance being the most outstanding.
It is worth noting that CENTRAL NEW EGY recently announced a proposed name change to "Central Smart Computing Technology Holdings Group Co., Ltd." This renaming move is not a simple change of name, but a declaration of strategic focus on the AI smart computing track. It is reported that in the first half of this year, CENTRAL NEW EGY's revenue from its AI computing power business has exceeded the 1 billion yuan mark, accounting for nearly 20%, and its growth logic is evolving from being driven primarily by photovoltaic manufacturing to a compound growth model of "new energy + AI + computing power."
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