Changes in Hong Kong stocks | Yimei International Holdings (01870)'s intraday rise of nearly 10% independent energy storage project received approval from Guangdong Power Grid

The Zhitong Finance App learned that Yimei International Holdings (01870) rose nearly 10% in the intraday period. As of press release, it had risen 3.92% to HK$0.53, with a turnover of HK$6.391 million.

According to the news, Yimei International Holdings announced that the Group has made a substantial breakthrough in business development. The independent energy storage project planned by its wholly-owned subsidiary Lechang Green Power Energy Storage Technology Co., Ltd. has been officially included in the independent energy storage construction plan (compliance) of the Guangdong Energy Administration and entered the 2025 construction plan. Recently, it has been officially approved by the Guangdong Power Grid, indicating that the project has entered the substantial progress stage.

The “Shaoguan Lechang 218 MW/436 MWatt-hour Electrochemical Independent Energy Storage Project” (this project), planned and developed by the Group, uses lithium iron phosphate cells and covers a total area of 47 acres. The project completed the registration of enterprise investment projects in Guangdong Province on January 8, 2025, and was included in Guangdong Province's 2025 new energy storage power plant construction plan on April 28, 2025. The site for the project is located in Hefeng Village, Pingshi Town, Lechang City, Shaoguan City. On August 10, 2025, various relevant government departments in Lechang, Shaoguan City were selected to solicit comments. The project has completed the feasibility study report and access system report, and obtained official grid access approval from Guangdong Power Grid Corporation on December 19, 2025.