ENVISION GREEN (01783) surged over 5% at the end of trading, reaching 6.45 Hong Kong dollars and setting a new historical high, with a cumulative increase of over 210% this year. As of the time of reporting, it increased by 4.91%, priced at 6.41 Hong Kong dollars, with a transaction volume of 17.0574 million Hong Kong dollars.
According to Zhitong Finance APP, ENVISION GREEN (01783) surged over 5% at the end of trading, reaching 6.45 Hong Kong dollars and setting a new historical high, with a cumulative increase of over 210% this year. As of the time of reporting, it increased by 4.91%, priced at 6.41 Hong Kong dollars, with a transaction volume of 17.0574 million Hong Kong dollars.
On the news front, on October 25, ENVISION GREEN successfully signed an "Investment Cooperation Intention Agreement" with China Resources Jinyang and the Hong Kong Recycling Resource General Chamber of Commerce, aimed at comprehensive and in-depth cooperation in the green Industry. According to the specific agreement, ENVISION GREEN and China Resources Jinyang plan to jointly invest in an overseas recycled Metal Fabrication industrial park and jointly create a resource recycling industrial base in Hong Kong, advancing technological innovation and market expansion in the Battery materials and Other Metals fields.
It is understood that China Resources Jinyang is jointly initiated by China Resources Eco-friendly Concept, Jinyang International, and Guohe International, with China Resources Eco-friendly Concept being the leading enterprise in the national Circular Economy Industry, and having joined China Resources Recycling Group Co., Ltd. as a member enterprise in October this year. The successful signing of this "Investment Cooperation Intention Agreement" further consolidates the deep cooperation between ENVISION GREEN Group and China Resources Eco-friendly Concept on multiple resource recycling projects.
In addition, MSCI previously announced the inclusion of ENVISION GREEN in the Global Small Cap Index. This change took effect after the market closed on August 30. Analysts say that ENVISION GREEN's inclusion in the MSCI Global Small Cap Index constituents reflects the Capital Markets' recognition of the company's intrinsic value, technological innovation, and future growth potential, which is expected to enhance the company's reputation and increase the liquidity of its shares.