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WEICHAI POWER Spikes 14%+ After Obtaining License to Produce Ceres Power's Solid Oxide Fuel Cells in CN
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WEICHAI POWER (02338.HK) opened 5.16% higher before its gains expanded today (6th), and once soared 15.2% to a high of $20.56 in the morning session. The stock last printed at $20.44, spiking 14.57%, with a trading volume of 22.7578 million shares, involving $450 million. UK clean energy technology developer, Ceres Power, reached a production license agreement with its largest Chinese shareholder, WEICHAI POWER, according to Ceres Power's announcement. WEICHAI POWER will produce Ceres' solid oxide fuel cells (SOFC) in China for use in stationary power systems, targeting AI data centers, commercial buildings and industrial power supply. AASTOCKS Financial News Website: www.aastocks.com |
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