Hong Kong Stock Movement | DRINDA (02865) Surges Over 11% as Company Builds Space Energy and Satellite Manufacturing Chain

Stock News
Mar 06

DRINDA (02865) rose more than 11%, with an increase of 11.38% to HK$40.12 at the time of writing, and a turnover of HK$688 million. On the news front, the 2026 government work report emphasized the cultivation and expansion of emerging and future industries. It outlined the implementation of industrial innovation projects, encouraging central and state-owned enterprises to take the lead in opening application scenarios and building emerging pillar industries such as aerospace. This marks the first time the government work report has positioned aerospace as an "emerging pillar industry." Previously, "commercial aerospace" had been included in the government work report for two consecutive years. A recent research report from Guotai Haitong Securities noted that the company has taken control of a satellite manufacturing enterprise, establishing a space energy and satellite manufacturing industrial chain. According to the Xuntian Qianhe WeChat public account, the company is currently investing in the construction of an intelligent satellite R&D facility to support future larger-scale and more complex satellite mass production tasks, with an annual capacity of hundreds of satellites. Additionally, CPI film is expected to be applied in space photovoltaics, and the company is actively making strategic arrangements in this area.

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