Sun.King Technology Group Limited (HK:0580) has released an update.
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Sun.King Technology Group Limited has announced a major deal worth RMB624 million, supplying power electronic components for the Gansu-Zhejiang 800kv Ultra-High Voltage (UHV) direct current transmission project. This project aligns with China’s 14th Five-Year Plan for energy development, focusing on transmitting renewable energy from western China, and solidifies Sun.King’s role in supporting the nation’s low-carbon energy goals. The deal involves six parties, all independent from Sun.King, demonstrating the company’s expanding influence in the power transmission sector.
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