Skycorp Solar Group Ignites Growth Drive with Digital Asset Reserve Account Activation and Renewable Energy Expansion
Skycorp Solar Group (NASDAQ: PN), a solar PV product manufacturer, has unveiled its "Pegasus Strategy" with two major initiatives. The company has activated its Strategic Digital Asset Reserve Account, initiating cryptocurrency investments with the purchase of 32.76 ETH. Additionally, Skycorp has agreed to acquire solar power stations with 8,705KW capacity for RMB30.5 million ($4.25 million), expected to close by November 2025.
The strategy positions manufacturing as the company's core, with renewable energy and digital assets as its "twin wings" for growth. A newly formed Investment Committee, led by CEO Weiqi Huang, will oversee both initiatives with quarterly updates through earnings communications.
Skycorp Solar Group (NASDAQ: PN), produttore di prodotti fotovoltaici, ha presentato la sua "Pegasus Strategy" con due iniziative principali. La società ha attivato il suo Conto di Riserva per Attività Digitali Strategiche, avviando investimenti in criptovalute con l'acquisto di 32.76 ETH. Inoltre, Skycorp ha concordato di acquisire centrali solari con una capacità di 8,705 kW per RMB30.5 million ($4.25 million), operazione che dovrebbe concludersi entro novembre 2025.
La strategia pone la produzione come attività centrale dell'azienda, con le energie rinnovabili e gli asset digitali come le sue "ali gemelle" per la crescita. Un nuovo Comitato per gli Investimenti, guidato dall'amministratore delegato Weiqi Huang, supervisionerà entrambe le iniziative fornendo aggiornamenti trimestrali nelle comunicazioni sui risultati.
Skycorp Solar Group (NASDAQ: PN), fabricante de productos fotovoltaicos, ha revelado su "Pegasus Strategy" con dos iniciativas principales. La compañía ha activado su Cuenta de Reserva de Activos Digitales Estratégicos, comenzando inversiones en criptomonedas con la compra de 32.76 ETH. Además, Skycorp ha acordado adquirir plantas solares con una capacidad de 8,705 kW por RMB30.5 million ($4.25 million), con cierre previsto para noviembre de 2025.
La estrategia sitúa la fabricación como el núcleo de la empresa, con las energías renovables y los activos digitales como sus "alas gemelas" para el crecimiento. Un recién creado Comité de Inversiones, liderado por el CEO Weiqi Huang, supervisará ambas iniciativas y proporcionará actualizaciones trimestrales en las comunicaciones de resultados.
Skycorp Solar Group (NASDAQ: PN)는 태양광(PV) 제품 제조업체로서 두 가지 주요 이니셔티브를 담은 "Pegasus Strategy"를 발표했습니다. 회사는 전략적 디지털 자산 예비 계정(Strategic Digital Asset Reserve Account)을 가동해 암호화폐 투자에 착수하며 32.76 ETH를 매입했습니다. 또한 Skycorp는 용량 8,705 kW의 태양광 발전소를 RMB30.5 million ($4.25 million)에 인수하기로 합의했으며, 거래는 2025년 11월까지 마무리될 예정입니다.
이 전략은 제조를 회사의 핵심으로 두고 재생 에너지와 디지털 자산을 성장의 "쌍날개"로 삼는 것을 목표로 합니다. CEO Weiqi Huang이 이끄는 신설 투자위원회가 두 이니셔티브를 감독하며 분기별 실적 발표를 통해 진행 상황을 업데이트할 예정입니다.
Skycorp Solar Group (NASDAQ: PN), fabricant de produits photovoltaïques, a dévoilé sa "Pegasus Strategy" comprenant deux initiatives majeures. La société a activé son Compte de Réserve Stratégique d'Actifs Numériques, lançant des investissements en cryptomonnaies avec l'achat de 32.76 ETH. De plus, Skycorp a convenu d'acquérir des centrales solaires d'une capacité de 8,705 kW pour RMB30.5 million ($4.25 million), opération qui devrait être finalisée d'ici novembre 2025.
La stratégie place la fabrication au cœur de l'entreprise, avec les énergies renouvelables et les actifs numériques comme ses "ailes jumelles" pour la croissance. Un comité d'investissement nouvellement formé, dirigé par le PDG Weiqi Huang, supervisera les deux initiatives et fournira des mises à jour trimestrielles via les communications sur les résultats.
Skycorp Solar Group (NASDAQ: PN), ein Hersteller von Solar-PV-Produkten, hat seine "Pegasus Strategy" mit zwei Hauptinitiativen vorgestellt. Das Unternehmen hat sein Strategisches Reservekonto für digitale Vermögenswerte aktiviert und mit dem Kauf von 32.76 ETH in Kryptowährungen investiert. Darüber hinaus hat Skycorp zugestimmt, Solarparks mit einer Kapazität von 8,705 kW für RMB30.5 million ($4.25 million) zu erwerben, der Abschluss wird bis November 2025 erwartet.
Die Strategie stellt die Fertigung in den Mittelpunkt des Unternehmens, wobei erneuerbare Energien und digitale Vermögenswerte als seine "Zwillingsflügel" für Wachstum dienen. Ein neu gebildetes Investmentkomitee unter der Leitung des CEO Weiqi Huang wird beide Initiativen beaufsichtigen und vierteljährliche Updates über die Ergebniskommunikation bereitstellen.
- Strategic expansion into renewable energy with 8,705KW solar power station acquisition for $4.25 million
- Diversification into digital assets through systematic acquisition of cryptocurrencies
- Formation of Investment Committee for enhanced governance and oversight
- Structured growth framework through the Pegasus Strategy combining core manufacturing with new revenue streams
- Exposure to volatile cryptocurrency market risks through ETH and planned BTC investments
- Significant capital allocation required for solar power station acquisition
- Integration risks associated with new solar power station assets
- Regulatory uncertainties in both cryptocurrency and renewable energy sectors
Insights
Skycorp's dual investment in crypto assets and solar infrastructure represents a high-risk diversification strategy with uncertain returns amid volatile markets.
Skycorp Solar Group is implementing a bold but potentially risky two-pronged growth strategy they've dubbed the "Pegasus Strategy." The first component involves allocating capital to volatile digital assets including Bitcoin, Ethereum, and stablecoins—starting with an initial purchase of
The second growth vector involves a
This dual approach raises important questions about capital efficiency. By diversifying simultaneously into both cryptocurrency speculation and renewable energy asset ownership, Skycorp is substantially transforming its risk profile and business model. The cryptocurrency investments particularly introduce significant regulatory, volatility, and security risks that are fundamentally different from manufacturing operations. While the renewable energy assets provide more predictable cash flows, the returns on these investments may be lower than what shareholders might expect from reinvestment in their core manufacturing capabilities.
Notably, management has created governance structures including an Investment Committee to oversee these initiatives, but the effectiveness of these controls remains untested, especially in the cryptocurrency space where corporate treasury management has limited precedent.
Ningbo, China, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (“Skycorp” or the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced two strategic initiatives under the oversight of its newly formed Investment Committee: the activation of its Strategic Digital Asset Reserve Account (the “Account”) and the continued expansion of its renewable power generation portfolio. Both initiatives form the core of the Company’s long-term growth framework, the “Pegasus Strategy.”
Digital Asset Treasury Strategy & Account Activation
The newly activated Account enables Skycorp to commence systematic acquisition of Bitcoin (BTC), Ethereum (ETH), and stablecoins as long-term strategic assets. As part of its capital allocation policy, the Company has adopted a disciplined investment approach in the blockchain economy.
On August 12, 2025, the Company executed its first transaction under this framework, initially acquiring 32.76 ETH under an automated crypto trading bot. In the long term, more ETH will be purchased to diversify the treasury and position the Company to capture opportunities within the digital asset sector. All transactions will be conducted under rigorous compliance, risk management, and regulatory disclosure protocols.
Renewable Energy Expansion
In parallel, Skycorp has executed a definitive agreement to acquire an asset of 8,705KW solar power stations for total consideration of around RMB30.5 million (
Investment Committee Governance
The Company’s Investment Committee, chaired by Mr. Weiqi Huang, Chairman and CEO of Skycorp, will oversee both renewable energy acquisitions and digital asset investments. The Committee will provide quarterly updates through earnings communications, ensuring transparency and accountability.
The Pegasus Strategy – Strong Body, Twin Wings
This dual-track expansion is considered by the Company as the “Pegasus Strategy” – the body symbolizing Skycorp’s proven manufacturing strength in solar cables and connectors, and the wings representing its twin growth engines.
“Manufacturing is the backbone of Skycorp, representing its core strength. Through lean production, technological innovation, and supply chain optimization, we continuously reinforce our manufacturing edge to ensure a solid and sustainable foundation for the business,” Mr. Huang stated.
“The left wing, renewable power station investment, is rooted in clean energy, where Skycorp is deepening its expertise in the development and operation of power stations to build a green energy ecosystem that delivers long-term low-carbon value. The right wing, digital assets, reflects forward-looking participation in the blockchain economy, with investments in Ethereum, Bitcoin, and stablecoins under a compliant framework to capture the opportunities of the digital age.”
About Skycorp Solar Group Limited
Skycorp Solar Group Limited is a solar photovoltaic (PV) product provider focused on manufacturing and selling solar cables and connectors. Our operations are managed through our subsidiaries, including Ningbo Skycorp Solar Co., Ltd., in China.
The Company’s mission is to become a green energy solutions provider by utilizing solar power and delivering eco-friendly solar PV products. By leveraging the Company’s expertise in solar technologies and relationships with worldwide clients, it aims to expand offerings of solar PV products and energy solutions for enterprise customers. For more information, please visit: https://ir.skycorp.com/.
Forward-Looking Statement
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
Skycorp Solar Group Limited
Cathy Li
Investor Relations
Email: ir@skycorp.com
Tel: +86 185 0252 9641 (CN)
WFS Investor Relations Inc.
Connie Kang
Partner
Email: ckang@wealthfsllc.com
Tel: +86 1381 185 7742 (CN)
FAQ
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