SKYWORTH GROUP (00751) rose nearly 14% before noon. As of the time of writing, the stock was up 12.86%, trading at HK$4.65 with a turnover of HK$64.8449 million. On the news front, according to a release from Haikou, on December 19, a 3-megawatt rooftop photovoltaic power station, facilitated by Jiangdong New District to assist Shenzhen SKYWORTH PV, commenced construction in Chonburi Province, Thailand. This marks SKYWORTH PV's first commercial and industrial solar project in Thailand. The project is expected to generate over 4.4 million kWh of electricity in its first year, all of which will be used for production at a local steel plant. The Jiangdong New District Administration efficiently facilitated the project's launch by establishing an outward investment platform, forming a dedicated ODI task force, and optimizing the approval process. It is reported that in July this year, SKYWORTH PV and Taishan Capital completed the signing ceremony for a $500 million Asian Clean Energy Fund, and this project is also the first strategic initiative following the agreement between SKYWORTH and the Taishan Fund. The entire construction cycle for the project is expected to be just two and a half months, fully demonstrating SKYWORTH's exceptional efficiency and professional expertise in project development, engineering management, and resource integration.
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