Hot Stock - GaoLinShi Riding the Green Energy Trend

Reported 12 months ago

GaoLinShi (2906) benefits from the recent green energy trend by investing in GaoMing Energy solar and energy storage services, resulting in a sharp increase with a daily limit up to 23.10 yuan on July 2nd with a trading volume of 5,139 shares. With the upcoming start of the Taichung solar power project this year, its future prospects look promising. While its main business is retail trade, its investments in international premium brand RIMOWA and biopharmaceuticals are gaining momentum. Its subsidiary GaoMing Energy, with a 51% stake, focuses on solar photovoltaic, electric vehicle charging, and energy storage services, making progress in domestic and international projects. With investments in Yuenchuang Technology charging station systems entering Malaysia and plans for establishing a green energy sales company and venturing into the green energy and carbon trading market, the theme is continuously evolving.

Source: YAHOO

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