Glonghui, May 14 | Continuing its recent strength, Jin Jing Xinneng (1783.HK), known as the “First Stock in the Hong Kong Stock Overseas Cell Cycle”, continued to rise today. At one point, it rose more than 4% to HK$4.98 during the intraday period, reaching another record high. The stock has accumulated a cumulative increase of over 140% during the year. Jinjing Xinneng announced last night that its wholly-owned subsidiary Jinyang International (Hong Kong) Co., Ltd. will acquire about 9420 square meters of land use rights assets from the Hong Kong Special Administrative Region Government by leasing T2 and T3 lots in the EcoPark for 20 years to develop the power battery processing business. According to the announcement, this site will be used to develop decommissioned power battery processing business and improve the industry layout of reverse supply chain management and environment-related services. The 20-year lease will provide business continuity for Jinjing Xinneng's green industry. According to public information, in recent years, Jin Jing Xinneng has used innovative green technology to empower products and services. In addition to providing superstructure buildings and repair, maintenance, renovation and addition projects as a general contractor in Hong Kong, it has also applied diverse green smart solutions throughout the life cycle of buildings, and is committed to providing one-stop green energy infrastructure solutions for customers around the world. The company's current green infrastructure upgrade business includes integrated services for energy-saving and renovation of buildings, infrastructure and installation of electric vehicle charging facilities, and development and application of new energy storage systems. At the same time, the Group will continue to empower its core business and products through sustainable solutions for green energy, including the disposal and recycling of power batteries. The Group currently has various licenses for construction, electricity, power battery disposal, and ISO environmental protection, quality management and safety.