To The Moon

NINGBO, China, May 06, 2026 (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 Securities Purchase Agreements (the “Agreements”) for a second round of private placement (PIPE) financing. Pursuant to the Agreements dated May 6, 2026, the Company will issue a total of 1,685,000 Class A Ordinary Shares to raise $3.6 million. Building upon the Company's previously announced $3.0 million PIPE financing on May 1, 2026, this second round brings the total capital raised across the two recent placements to $6.6 million. The purchase price for this second round of financing is set at USD2.1365 per share. This price repr

NINGBO, China, May 01, 2026 (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 the signing of a Share Acquisition Agreement (the “Agreement”) on April 30, 2026 to acquire the remaining 56% equity interests in Nanjing Cesun Power Co., Ltd. ("Nanjing Cesun" or the "Target"). Additionally, the Company announced it has entered into definitive Securities Purchase Agreements (the “Agreements”) with three independent institutional investors to raise an aggregate of USD3,000,000 in a private placement (PIPE) transaction. Acquisition of Nanjing Cesun Prior to this transaction, Skycorp held a 44% equity interest in Nanjing Cesun through its who

NINGBO, China, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today reported its financial results for the fiscal year 2025, ended September 30, 2025. Financial Highlights for Fiscal Year 2025 Revenue increased 26.97% year over year, to approximately $63.31 million in fiscal 2025 from approximately $49.86 million in the same period of last year. The increase reflects strong execution of the Company’s solar?focused strategy. Total assets rose from approximately $31.95 million to approximately $45.49 million, an absolute increase of approximately $13.54 million, representing an increase of approximately 42.39% year?over?year. Solar PV revenue grew

Ningbo, China, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (Nasdaq: PN) (the “Company”), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced its board of directors has approved the adoption of a Share Repurchase Programme (the “Programme”), under which the Company plans to repurchase its ordinary shares for a maximum total consideration of up to US$2,000,000. The purpose of the Programme is to optimize the Company’s capital structure, enhance earnings per share, and create long-term value for shareholders. To date, the Company has repurchased an aggregate of 60,000 shares for a total consideration of US$51,972. The Programme has been and will continue to be funded from the Company’s own resources. The Compa

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.Under the terms of the Agreement, the Company will satisfy the purchase consideration through issuance of additional 12,000,000 Class B ordinary shares of the Company to Skyline. The newly issued shares wil

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 the results of an extraordinary general meeting (the “EGM”) held at Room 303, Block B, No.188 Jinghua Road, Yinzhou District, Ningbo City, Zhejiang Province, China 315048 on October 10, 2025 at 10:00 a.m., Beijing/Hong Kong Time. At the EGM, shareholders of the Company passed the following resolution: (i)that conditional upon the approval of the board of directors of the Company (the Board) in its sole discretion, with effect as of the date within three (3) calendar years after the conclusion of the EGM as the Board may determine (the Effective Date): 

NINGBO, China, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, announced its financial results for the six months ended March 31, 2025. Financial Highlights Revenues were $24,176,271 for the six months ended March 31, 2025 compared with $22,483,601 for the six months ended March 31, 2024, representing an increase of 7.53%, primarily driven by solar PV product sales. Gross profit was $3,703,925 for the six months ended March 31, 2025 compared with $3,395,547 for the six months ended March 31, 2024, representing 15.32% and 15.10% of revenue, respectively. Selling and marketing expense increased by 23.15% to 973,207 for the six months ended March 3

Ningbo, China, Aug. 13, 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 two strategic initiatives under the oversight of its newly formed Investment Committee: the activation of its Strategic Digital Asset Reserve Account (the “Account”) and the continued expansion of its renewable power generation portfolio. Both initiatives form the core of the Company’s long-term growth framework, the “Pegasus Strategy.” Digital Asset Treasury Strategy & Account Activation The newly activated Account enables Skycorp to commence systematic acquisition of Bitcoin (BTC), Ethereum (ETH), and stablecoins as long-term strategic assets. As par

Ningbo, China, July 22, 2025 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced the adoption of cryptocurrency as an accepted method of payment for international transactions, effective August 1, 2025. The Company will support leading digital assets, including Bitcoin (BTC), Ethereum (ETH), and major stablecoins such as USDC and USDT. The Company also plans to allocate partial cash reserves and renewable energy project investment returns to strategic Ethereum (ETH) acquisitions as part of its long-term digital asset treasury management program. “By integrating green energy, AI and ETH-based blockchain solutions, the Company is innovating for a sus

Ningbo, China, July 03, 2025 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced that its Board of Directors has unanimously passed a resolution authorizing the Company to pursue solar photovoltaic (“PV”) power plant acquisitions and development projects under a $150 million investment framework. This decision marks a pivotal step in the Company’s strategic expansion into renewable energy infrastructure, reinforcing its commitment to driving the global transition to clean energy. The Company advises that acquiring and developing PV power plants involves inherent complexities that can extend execution timelines and introduce uncertainties regarding