Core Insights - The Hong Kong government is focusing on building a new energy industry chain and promoting the development of the electric vehicle battery recycling industry, with a large-scale battery recycling facility expected to be operational in the first half of 2026 [1] Group 1: Government Initiatives - The Chief Executive of Hong Kong, John Lee, announced plans to construct the first large-scale electric vehicle battery recycling facility in Hong Kong, which will convert retired batteries into regenerated black powder for supply to mainland China and surrounding regions [1] - The facility is being developed by Jin Jing New Energy (01783) and is designed to meet the battery processing needs outlined in Hong Kong's 2035 plan [1] Group 2: Company Developments - Jin Jing New Energy's facility will not only serve the local market but also extend its services to the Guangdong-Hong Kong-Macao Greater Bay Area and Southeast Asia, positioning it as a core hub in the company's global battery recycling service system [1] - The company has signed strategic agreements with leading firms such as Guoxuan High-Tech (002074) and JinkoSolar (688223), securing a future battery disposal value exceeding 30 billion RMB [1] Group 3: Industry Outlook - With the global peak of battery retirements approaching, Jin Jing New Energy's business layout is expected to experience multiple catalysts, indicating a high degree of certainty for performance growth in the coming years [1] - The company is also involved in launching a "Global Lithium Battery Recycling Network Platform," aiming for a recycling capacity of 120,000 tons per year by 2030 through global layout, digital traceability, and open cooperation [1] Group 4: Competitive Advantage - Jin Jing New Energy is recognized as a model for successful transformation from traditional industries to green technology in Hong Kong, leveraging its advanced recycling technology and deep partnerships with mainstream global new energy companies [1] - The company is positioned to become a key infrastructure for Hong Kong's green circular economy, providing stable and reliable closed-loop solutions for battery materials in the regional new energy industry chain [1]
政企协同推动绿色转型！香港施政报告明确推动晋景新能电池回收项目