Changes in Hong Kong stocks | China Technology Group (01725) is now up more than 20%. The company announced the construction of a zero-carbon aerospace industry and energy storage manufacturing center

The Zhitong Finance App learned that China Technology Group (01725) had an intraday increase of nearly 23%. As of press release, it had risen 22.86% to HK$0.86, with a turnover of HK$29.23,800.

According to news, on December 29, China Technology Group and Meizhou High-tech Zone (Guangmei Industrial Park) signed a memorandum of strategic cooperation to announce the construction of a zero-carbon aerospace industry and energy storage manufacturing center. The global energy storage market is expected to exceed 200 billion yuan, and China's new energy storage installations will break through the 100 gigawatt industry trend. Aerospace-grade technology empowers energy storage, enabling enterprises to successfully transform from a single satellite industry to a comprehensive industrial group integrating aerospace, energy storage, and precision intelligent manufacturing.

It is worth noting that from December 3, 2025, Intercontinental Aerospace Science and Technology officially changed its name to China Technology Group on the Hong Kong Stock Exchange. The company recently launched a series of strategic cooperation and industrial mergers and acquisitions, including co-initiating the establishment of a 4 billion yuan industrial fund with Qingtou Private Equity Fund, signing a strategic cooperation agreement with Quanzhou Zhongke Xingqiao Aerospace Technology Co., Ltd., and signing a strategic merger and acquisition memorandum with Zhejiang Yuehua Telecom Co., Ltd.