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Central Holding Group Co. Ltd. ( (HK:1735) ) just unveiled an update.
Central New Energy Holding Group’s subsidiary Central Low Carbon New Energy (Anhui) Group has signed a cooperation agreement with Suzhou Heimian Optoelectronics Technology to develop perovskite/crystalline silicon tandem photovoltaic cells tailored for space use. The partners plan to collaborate with Nanjing University of Aeronautics and Astronautics and form a joint venture to drive research, pilot production and eventual industrialisation of high-efficiency, lightweight and low-cost space solar products amid rising demand from low Earth orbit satellite constellations.
Under the agreement, Central Low Carbon will focus on developing and supplying crystalline silicon bottom cells, providing application requirements for aerospace scenarios and participating in pilot production to support system integration testing. The initiative positions Central New Energy Holding Group to tap into fast-growing commercial space markets, address the high costs of traditional gallium arsenide cells and strengthen its role in next-generation space photovoltaic solutions.
More about Central Holding Group Co. Ltd.
Central New Energy Holding Group Limited is a Cayman Islands–incorporated company listed in Hong Kong that operates through subsidiaries in the low-carbon and new energy sector, including Central Low Carbon New Energy (Anhui) Group Co., Ltd. The group focuses on advanced photovoltaic technologies and applications, targeting emerging markets such as commercial spaceflight and satellite power systems.
Average Trading Volume: 8,082,082
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$40.13B
Learn more about 1735 stock on TipRanks’ Stock Analysis page.