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Changes in Hong Kong stocks | Central New Energy (01735) rose more than 6% in early trading and recently received MSCI ESG pre-rating, BB-rated company plans to change its name to “Zhonghuan Smart Computing”
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The Zhitong Finance App learned that Central New Energy (01735) rose more than 6% in early trading. As of press release, it rose 4.94% to HK$10.62, with a turnover of HK$56.46,600.

According to news, in September of this year, MSCI Sustainability & Climate released the ESG pre-rating report of Zhonghuan Renewable Energy Holdings Group Co., Ltd. As of September 23, the company received a BB-level ESG pre-rating. The industry-adjusted ESG score was 4.14, and the weighted average key issues score was 4.8. The three pillars of environment, society, and governance scored 4.8, 2.3, and 7.0, respectively, with governance performance being the most prominent.

It is worth noting that recently, Zhonghuan New Energy announced that it plans to change its name to “Zhonghuan Intelligent Computing Technology Holding Group Co., Ltd.” This name change is not a simple name change, but rather an announcement that strategically focuses on the AI intelligent computing circuit. According to reports, in the first half of this year, revenue from Zhonghuan New Energy's AI computing power business has broken through the 1 billion yuan mark, accounting for nearly 20%. The growth logic is evolving from photovoltaic manufacturing as the core driver to a “new energy+AI+ computing power” compound growth model.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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