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The latest update is out from Sun.King Technology Group Limited ( (HK:0580) ).
Sun.King Technology Group Limited has announced that one of its subsidiaries has signed an agreement to supply power electronic components worth RMB142.6 million, tax inclusive, to a subsidiary of NR Electric Co., Ltd. for use in an offshore wind power project, with deliveries scheduled in batches during the first half of 2026. Management views offshore wind as a key growth area in clean energy and expects that this contract will support the group’s efforts to expand its presence in the offshore wind power market, underpinning more sustained and stable development while advancing its role in the national new energy build-out; the counterparty is confirmed to be an independent third party under Hong Kong listing rules.
The most recent analyst rating on (HK:0580) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Sun.King Technology Group Limited stock, see the HK:0580 Stock Forecast page.
More about Sun.King Technology Group Limited
Sun.King Technology Group Limited is a Cayman Islands–incorporated company listed in Hong Kong that operates as a supplier of power electronic components. The group is positioning itself within the clean energy value chain, with a growing focus on applications for offshore wind power and participation in the broader national new energy system.
Average Trading Volume: 7,235,786
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.36B
See more data about 0580 stock on TipRanks’ Stock Analysis page.