The Zhitong Finance App learned that Ronghui Holdings (08213) rose 16%. As of press release, it had risen 16% to HK$0.58.

According to the news, Ronghui Holdings announced that it has recently expanded its business to R&D, production, sales and service of new energy and new material products. The new business activity is to expand production and sales of consumables related to photovoltaic cell production and hydrogen fuel cell production through Haiyuncai Technology (Shenzhen) Co., Ltd., an indirect wholly-owned subsidiary of the company. It is expected that the main core materials include photovoltaic precision wire mesh alloy materials and hydrogen titanium fiber felt materials. At the same time, the company will continue to actively operate and develop its existing business.

According to reports, Ronghui Holdings is a Hong Kong investment holding company that mainly provides catering services. The company focuses on four major dining concepts, including restaurant, cafe and cake shop brands, Japanese curry specialty stores, Japanese izakaya, and Japanese fried pork cutlets. The restaurants it operates include Italian Tomato, Ginza Bairin, Polar Bear Curry, and Enmaru Izakaya. The company's business covers China, Hong Kong and overseas.