SUN.KING TECH (00580) Subsidiary Signs Agreement with NARI Subsidiary for Offshore Wind Power Project Components

Stock News12-18

SUN.KING TECH (00580) announced that its subsidiary (supplier) recently entered into an agreement with a subsidiary of NARI Technology Co., Ltd. (purchaser). Under the agreement, the purchaser will procure power electronic components worth approximately RMB 143 million (tax inclusive), with the supplier delivering the goods in batches in the first half of 2026. These components will be utilized in offshore wind power projects.

Offshore wind power is a critical component of clean energy, and its accelerated development is expected to drive demand growth across the industry chain. As a supplier of power electronic components, SUN.KING TECH aims to actively expand its presence in the offshore wind power market to achieve sustained and stable growth in this sector.

Additionally, the group remains committed to advancing high-quality development in alignment with China's new energy system initiatives.

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