"CENTRAL NEW EGY (01735) gains controlling shareholder increase in holding, multiple strategic layouts to solidify long-term value"
According to informed sources, the controlling shareholder does not rule out the possibility of further purchasing company shares on the market.
Chairman Mr. Yu Zhu Yun of CENTRAL NEW EGY (01735) acquired a total of 577,000 company shares from the open market on November 28 and December 1, 2025, at an average price of HK$8.606 per share through his controlled company Central Culture Resource Group Limited (controlling shareholder).
According to sources, the controlling shareholder does not rule out the possibility of further purchasing company shares in the market.
Chairman Mr. Yu Zhu Yun's actions demonstrate a strong confidence in the company's future development prospects. Under his leadership, CENTRAL NEW EGY continues to focus on the solar energy industry, actively expanding core technologies in areas such as energy storage, blockchain, hydrogen ammonia alcohol, perovskite, AI computing power, and focusing on application-side innovation and expansion, building a zero-carbon industry ecosystem, driving breakthroughs in technology with AI, reducing electricity costs, and creating a zero-carbon industry cluster.
Recently, CENTRAL NEW EGY has made significant progress in global expansion and strategic partnerships, successfully attracting major overseas strategic investments. On November 15, the company announced a global strategic cooperation with the Hemingway Family Fund in the United States. Entities under the fund will serve as industrial investors, holding no more than 20% of the company's equity for the long term, becoming strategic cornerstone investors. The Hemingway Family will help the company secure orders in markets such as Africa, the Middle East, and Eastern Europe, accelerating its overseas localization strategy.
From November 27 to 29, CENTRAL NEW EGY successfully hosted the 21st China Solar Grade Silicon and Photovoltaic Conference (CSPV), the most influential annual academic event in China's silicon materials and photovoltaic power generation sector. The conference provided a synergistic platform for deep integration of government, industry, academia, research, and application in the new energy industry. Through a combination of technical discussions and on-site practices, the conference consolidated consensus on the green transformation of the industrial chain, providing a practical reference for the high-quality development of the industry.
From increasing holdings by the controlling shareholder, to introducing international strategic capital, to expanding the green industrial chain and digital finance, CENTRAL NEW EGY has established a development path of "technological deepening, industrial ecosystem, global expansion, and digital empowerment." These measures are interconnected, solidifying its core competitiveness in the photovoltaic manufacturing and zero-carbon solution sectors.
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