The Zhitong Finance App learned that Jinshi Holding Group (01943) rose more than 7%. As of press release, it had risen 7.25% to HK$1.48, with a turnover of HK$8.927 million.

According to the news, Jinshi Holding Group announced that in October 2026, the partnership signed a capital increase agreement with Guangdong New Energy Storage National Research Institute Co., Ltd. (target company). According to the capital increase agreement, the partnership agreed to invest RMB 35 million in cash in the target company and subscribe for its additional registered capital of RMB 9.5337 million. After the relevant capital increase is completed, it is expected that the partnership will hold about 3.29% of the expanded shares in the target company.

The purpose of establishing a partnership is to invest in new energy projects, particularly those involving the development and industrialization of new energy storage technologies. The target company is engaged in R&D, testing, demonstration and commercialization of new energy storage technologies. The board of directors believes that the investment project falls within the scope of partnership investment and will provide the partnership with an opportunity to participate in the development of the new energy storage industry.

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