Changes in Hong Kong stocks | Shougang Langze (02553) rose nearly 8% at the end of the session, and revenue for the first half of the year increased by nearly 10% year-on-year, and is expected to enter Hong Kong Stock Connect later

The Zhitong Finance App learned that Shougang Langze (02553) rose nearly 8% at the end of the session. As of press release, it had risen 5.25% to HK$25.26, with a turnover of HK$10.5885 million.

According to the news, Shougang Langze recently announced its interim results. Revenue for the first half of the year was 293 million yuan, up 9.9% year on year; gross loss was 19.94 million yuan, a sharp decrease of 63.9% year on year; loss for the period narrowed significantly by 30.1% to 118 million yuan. The company had sufficient orders in hand during the period, and revenue mainly came from sales of low-carbon products. It is worth noting that the company was included in the Hang Seng Composite Index and is expected to become the Hong Kong Stock Exchange Standard in the future.

It is worth noting that Shougang Group recently officially announced that the Hebei Shoulang Phase II project was successfully commissioned and successfully produced qualified anhydrous ethanol products with a concentration of 99.9% or more, marking the world's first 10,000-ton demonstration project to biosynthesize anhydrous ethanol using CO2 industrial exhaust gas to complete the entire process process and officially enter the commercial operation stage.