SUN.KING TECH (00580) Rises Over 3% After Winning Oman's 100,000-Ton High-Purity Silicon-Based Materials Project

Stock News12-12

SUN.KING TECH (00580) surged more than 3%, reaching HK$2.09 by the time of writing, with a trading volume of HK$6.26 million. The increase follows the company's announcement that its subsidiary, Zhejiang Jiashan Keneng Power Equipment Co., Ltd., has successfully secured a contract to supply 21KV filtering devices for United Solar Polysilicon (FZC) SPC's 100,000-ton annual high-purity silicon-based materials project in Oman.

The 21KV filtering devices are critical for ensuring stable power system operation, providing reactive power compensation and harmonic suppression to maintain efficient and reliable electricity supply during production. Designed to meet Oman's local power industry standards, the equipment features specialized optimizations for insulation, high-temperature resistance, sandstorm resilience, and UV protection—tailored to the region's hot desert climate. Capable of stable operation for 8,000 hours annually, the devices fully support the project's long-term and high-efficiency production needs.

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