STOCK TITAN

Skycorp Solar Group Limited Stock Price, News & Analysis

PN Nasdaq

Welcome to our dedicated page for Skycorp Solar Group news (Ticker: PN), a resource for investors and traders seeking the latest updates and insights on Skycorp Solar Group stock.

Skycorp Solar Group Limited (PN) delivers innovative solar PV components and high-performance computing solutions across Asian markets. This news hub provides investors and industry professionals with essential updates on the company’s dual focus areas: renewable energy infrastructure and advanced technology partnerships.

Access real-time announcements covering financial results, product developments, and strategic collaborations with semiconductor manufacturers. Our curated collection ensures efficient tracking of operational milestones across both solar cable production and GPU server distribution segments.

Key updates including manufacturing expansions, R&D breakthroughs in solar connectors, and HPC server deployments are maintained here for comprehensive analysis. All content reflects verified corporate communications and market developments.

Bookmark this page for continuous access to Skycorp’s latest business activities, designed to support informed decision-making in both renewable energy and technology investment sectors.

Rhea-AI Summary
Skycorp Solar Group Limited (Nasdaq: PN), a leading provider of solar cables and connectors, marked its Nasdaq debut with plans to expand into the U.S. market. The company announced its intention to establish a U.S. subsidiary to capitalize on the market's projected growth, where solar capacity is expected to reach 375 GW by 2030. Founded in 2011, Skycorp serves clients in over 30 countries with patented fire-retardant cables and waterproof connectors, maintaining a 90% customer retention rate. The company plans to launch smart junction boxes and intelligent solar charging stations for EVs by late 2025. The Nasdaq listing will provide capital for U.S. operations, where Skycorp aims to form partnerships with financial institutions for solar-storage-charging projects and establish local teams for market research and client support.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
none
-
Rhea-AI Summary

Skycorp Solar Group (PN), a solar PV product manufacturer specializing in solar cables and connectors, has announced the appointment of Feng Shibo to its Board of Directors and as Chair of the Audit Committee, effective April 08, 2025.

Feng brings significant financial expertise as the current CFO of China Forestry Treasury Center and former Senior VP at Shandong Hi-Speed Resources Fund. His background includes roles at Guotai Junan Securities and PricewaterhouseCoopers LLP, with over a decade of financial advisory experience.

The appointment follows the resignation of Li Baosong as Independent Director for personal reasons. Chairman and CEO Weiqi Huang emphasized Feng's strategic vision and experience in corporate financing as valuable assets for executing the company's growth plans.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
management
-
Rhea-AI Summary

Skycorp Solar Group (Nasdaq: PN), a manufacturer of solar cables and connectors, has successfully completed its Initial Public Offering (IPO) on March 5, 2025. The company raised $8 million in gross proceeds through the offering of 2,000,000 ordinary shares at $4.00 per share.

Trading commenced on the Nasdaq Capital Market under symbol 'PN' on March 4, 2025. The underwriter, Cathay Securities, has a 45-day option to purchase up to 300,000 additional shares to cover over-allotments.

The net proceeds will be allocated as follows:

  • 30% for expanding product lines and services
  • 30% for strengthening R&D capabilities
  • 20% for improving brand recognition through marketing
  • 20% for working capital and general corporate matters

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
Rhea-AI Summary

Skycorp Solar Group , a Chinese manufacturer of solar cables and connectors, has announced the pricing of its Initial Public Offering (IPO) on the Nasdaq Capital Market under symbol PN. The company is offering 2,000,000 ordinary shares at $4.00 per share, aiming to raise $8 million in gross proceeds.

Trading is set to begin on March 4, 2025, with an expected closing date of March 5, 2025. Cathay Securities is serving as the underwriter, with a 45-day option to purchase up to 300,000 additional shares. The net proceeds will be allocated as follows:

  • 30% for expanding product lines and services
  • 30% for strengthening R&D capabilities
  • 20% for improving brand recognition
  • 20% for working capital and general corporate matters

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags

FAQ

What is the current stock price of Skycorp Solar Group (PN)?

The current stock price of Skycorp Solar Group (PN) is $2.51 as of May 13, 2025.

What is the market cap of Skycorp Solar Group (PN)?

The market cap of Skycorp Solar Group (PN) is approximately 67.5M.
Skycorp Solar Group Limited

Nasdaq:PN

PN Rankings

PN Stock Data

67.50M
2.00M
Solar
Technology
Link
China
Ningbo