HK Stock Market Move | SUN.KING TECH (00580) rises more than 3%, successfully wins the bid for the Oman annual production of 100,000 tons of high-purity silicon-based materials project.

SUN.KING TECH (00580) rose more than 3%. As of the time of writing, it has increased by 3.47% to HK$2.09, with a turnover of HK$6.2586 million. In terms of news, according to the official announcement from SUN.KING TECH, its subsidiary Zhejiang Jiashan Keneng Power Equipment Co., Ltd. recently won the bid for the procurement of a 21KV filtering device for the annual production of 100,000 tons of high-purity silicon-based materials project in Oman by United Solar Polysilicon (FZC) (CECEP Solar Energy Polysilicon (FZC) Limited). This will provide key electrical equipment support for the overseas project. The 21KV filtering device that won the bid is a critical equipment to ensure the stable operation of the project's power system, capable of providing functions such as reactive power compensation and harmonic suppression to ensure efficient and stable power supply during production. The device strictly complies with local power industry standards in Oman and, taking into account the hot desert climate where the project is located, it has been specially optimized in terms of insulation performance, temperature resistance, wind and sand resistance, and UV protection, ensuring stable operation for 8000 hours per year to fully meet the project's long-term and efficient production needs.