お知らせ • May 07
Skycorp Solar Group Ltd announced that it expects to receive $3.600003 million in funding from Hoping Group Limited, HOPING AI MACHINE PTE. LTD., Helios Tech Ltd and another investor Skycorp Solar Group Ltd announced that it has entered into a securities purchase agreement with certain investors to issue 1,685,000 class A ordinary shares at an issue price of $2.1365 per share for gross proceeds of $3,600,002.5 on May 6, 2026. Private placement is being subscribed to by four unaffiliated institutional investors. The transaction includes participation from returning investors, Hoping Group Limited, Matrix Sea Limited, and Hoping AI Machine Pte Ltd. and from new investor, Helios Tech Ltd subscribed for 1,295,500 shares for proceeds of $2,767,835.75. The PIPE shares are subject to a lock-up period of six months. お知らせ • May 03
Skycorp Solar Group Ltd announced that it expects to receive $2.998888 million in funding Skycorp Solar Group Ltd announces a private placement to issue 1,694,000 Class A Ordinary Shares at a price of $1.7703 per share for gross proceeds of $2,998,888.2 on May 1, 2026. Hoping Group Limited (British Virgin Islands) subscribed for 593,000 Class A Ordinary Shares for an amount of $ 1,050,000., Matrix Sea Limited (Cayman Islands) subscribed for 592,000 Class A Ordinary Shares for an amount of $1,048,500 and Hoping AI Machine Pte Ltd (Singapore) subscribed for 509,000 Class A Ordinary Shares for an amount of $901,500. all newly issued Class A Ordinary Shares under this transaction are subject to a six-month lock-up period. お知らせ • Feb 03
Skycorp Solar Group Ltd announced delayed 20-F filing On 02/02/2026, Skycorp Solar Group Ltd announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Jan 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Profit margins are more than 30% lower than last year (0.05% net profit margin). Market cap is less than US$100m (US$20.2m market cap). お知らせ • Dec 05
Skycorp Solar Group Ltd (NasdaqCM:PN) announces an Equity Buyback for $2 million worth of its shares. Wabash National Corporation (NYSE:WNC) announces a share repurchase program. Under the program, the company will repurchase up to $2 million worth of its shares. The purpose of the Programme is to optimize the Company’s capital structure, enhance earnings per share, and create long-term value for shareholders. The programme has been and will continue to be funded from the Company’s own resources. お知らせ • Oct 15
Skycorp Solar Group Ltd (NasdaqCM:PN) agreed to acquire 24% stake in Nanjing Cesun Power Co., Ltd from Skyline Tech Limited for $8.9 million. Skycorp Solar Group Ltd (NasdaqCM:PN) agreed to acquire 24% stake in Nanjing Cesun Power Co., Ltd from Skyline Tech Limited for $8.9 million on October 12, 2025. Skycorp Solar Group Ltd entered into a definitive agreement to acquire 24% stake in Nanjing Cesun Power Co., Ltd from Skyline Tech Limited on October 14, 2025. The consideration consists of issue of 12 million newly issued shares of Skycorp Solar Group Ltd.
The transaction is subject to customary closing conditions. The deal has been approved by the board of directors of Skycorp Solar Group Limited. The closing of the transaction is expected to occur on or before December 20, 2025. Reported Earnings • Sep 10
First half 2025 earnings released: US$0.003 loss per share (vs US$0.015 profit in 1H 2024) First half 2025 results: US$0.003 loss per share (down from US$0.015 profit in 1H 2024). Revenue: US$24.2m (up 7.5% from 1H 2024). Net loss: US$65.8k (down 117% from profit in 1H 2024). Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment deteriorates as stock falls 35% After last week's 35% share price decline to US$1.24, the stock trades at a trailing P/E ratio of 71.1x. Average trailing P/E is 32x in the Electrical industry in the US. New Risk • Jul 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 1.9% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (US$65.9m market cap). お知らせ • Jul 18
Skycorp Solar Group Limited Announces Resignation of Gaokui Zhang as Chief Operating Officer, Effective date is July 17, 2025 Skycorp Solar Group Limited announced that Gaokui Zhang has resigned from his position as the Chief Operating Officer of the Company due to health reasons, effective July 17, 2025. The resignation of Gaokui Zhang was not the result of any disagreement with the Company or any matter relating to business, finance, accounting, or any other matters of the Company. お知らせ • Apr 12
Skycorp Solar Group Ltd Announces Board Changes, Effective April 08, 2025 Skycorp Solar Group Limited announced the appointment of Feng Shibo to the Company’s Board of Directors (“the Board”) and as Chair of the Audit Committee, effective April 08, 2025. Mr. Feng is currently CFO of China Forestry Treasury Center Limited, where he manages financing, internal controls, and financial systems. Previously, he served as Senior Vice President at Shandong Hi-Speed Resources Fund, overseeing financing for large real estate projects. He also worked at Guotai Junan Securities Co. Ltd. and managed audits for major clients during his time at PricewaterhouseCoopers LLP, accumulating over a decade of diverse financial advisory experience. Mr. Feng holds a Bachelor's degree in Finance and a Master's degree in Professional Accounting. Li Baosong has resigned as an Independent Director of the Board for personal reasons, effective April 08, 2025. お知らせ • Apr 10
Skycorp Solar Group Limited Announces Board and Committee Changes Skycorp Solar Group Limited announced that Baosong Li stepped down from the Company’s board of directors due to personal reasons, effective as of April 8, 2025. The departure of Baosong Li was not the result of any disagreement with the Company or the Board or any matter relating to business, finance, accounting and/or any other matters of the Company. Following Baosong Li’s departure, Shibo Feng joined the audit committee, compensation committee and nominating committee of the Board, effective as of April 8, 2025. The Board now consists of five directors, three of whom are independent directors.