Skycorp solar group to acquire equity interest in nanjing cesun power co., ltd.

Ningbo, china, oct. 14, 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 that it has entered into a definitive agreement (the “agreement”) to acquire an equity interest of 24.0% in nanjing cesun power co., ltd. (“nanjing cesun”), a leading company engaged in the development of new energy power plants and inverter technologies, from skyline tech limited (the “skyline”) for a total consideration of approximately us$8.7 million.
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