Group 1 - Jin Jing New Energy (1783.HK) saw a rise of over 5%, reaching a peak of 7.9 HKD [1] - The company will undergo a stock split, converting 1 share into 2 shares on September 23, 2025 [1] - The Hong Kong government is promoting the establishment of the first large-scale electric vehicle battery recycling facility, expected to be operational in the first half of 2026 [1] Group 2 - The recycling facility will convert retired local batteries into regenerated black powder for supply to mainland China and surrounding regions, enhancing the electric vehicle battery recycling industry [1] - Jin Jing New Energy is responsible for the battery recycling project at the Hong Kong Environmental Park, marking the first large-scale electric vehicle battery recycling center in Hong Kong [1] - This project fills a gap in Hong Kong's large-scale battery recycling sector and supports the establishment of a complete electric vehicle industry chain [1]

Core Viewpoint - The Hong Kong government is promoting the establishment of its first large-scale electric vehicle battery recycling facility, expected to be operational in the first half of 2026, which will enhance the local electric vehicle battery recycling industry [1] Group 1: Government Initiatives - The facility will be located in the Environmental Park and will convert retired local batteries into regenerated black powder for supply to mainland China and surrounding regions [1] - This initiative aims to fill the gap in large-scale battery recycling in Hong Kong and support the establishment of a complete electric vehicle industry chain [1] Group 2: Company Involvement - The project is being undertaken by Junjing New Energy, a Hong Kong-listed company, which is responsible for the battery recycling project at the Environmental Park [1]