CBAK Energy Technology rises on battery orders from Anker Innovations

CBAK Energy Technology

27/12/2024 14:28

** Battery maker CBAK Energy Technology's  CBAT.O  shares
rise 26% to $1.15 premarket
    ** Co says its unit has secured orders from Anker
Innovations Technology  300866.SZ  totaling $30 mln to $35 mln
    ** Says it anticipates maintaining or exceeding the value of
these orders over the next year
    ** Up to last close, shares down 13.1% YTD

 (Reporting by Tanay Dhumal in Bengaluru)
 ((Tanay.Dhumal@thomsonreuters.com; 
Twitter: https://twitter.com/TanayDhumal))