Rept battero (00666) once surged over 50% during the trading session, and as of the time of writing, the stock price has increased by 36.53%, currently reported at 19.66 HKD, with a trading volume of 51.4417 million HKD.

The director of rept battero, Cao Hui, stated that the company will establish its first overseas factory in Southeast Asia and hopes to achieve profitability as soon as possible.

A report from Industrial Securities indicates that government departments are actively promoting solid state battery technology from a policy perspective, with multiple ministries encouraging advancements in solid state battery technology. In addition, there is a broad market demand for solid state batteries. The rapid development of new energy vehicles allows solid state batteries to gradually replace existing lithium batteries. The swift growth of the low-altitude economy and new products such as eVTOL are raising the energy density requirements for lithium batteries, creating new demand space for solid state batteries.