CENTRAL NEW EGY (01735) Chairman Mr. Yu Zhuyun, through its controlling shareholder Central Culture Resource Group Limited, purchased 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. Informed sources indicate the controlling shareholder may further increase its stake in the market.
This move by Chairman Yu demonstrates strong confidence in the company’s future prospects. Under his leadership, CENTRAL NEW EGY continues to deepen its core photovoltaic business while actively expanding into key technologies across energy storage, BC (back-contact cells), hydrogen-ammonia-alcohol solutions, perovskite, and AI computing power. The company focuses on application-side innovation, building a zero-carbon industrial ecosystem, leveraging AI to break through technical bottlenecks and reduce levelized cost of electricity (LCOE).
Recently, CENTRAL NEW EGY achieved critical breakthroughs in global expansion and strategic partnerships, securing major overseas investments. On November 15, the company announced a global strategic collaboration with the Hemingway Family Fund, whose entity will hold up to 20% of shares as a cornerstone investor. The Hemingway Family will support the company in securing orders across Africa, the Middle East, and Eastern Europe, accelerating localized overseas growth.
From November 27–29, CENTRAL NEW EGY successfully hosted the 21st China Solar Silicon & PV Power Conference (CSPV), the most influential annual academic event in China’s silicon materials and solar power sector. The conference fostered cross-sector collaboration among government, industry, academia, and research institutions, driving consensus on green transformation and actionable pathways for high-quality industry development.
From shareholder confidence to international capital infusion, and from green industry chain deployment to digital finance integration, CENTRAL NEW EGY has established a growth model anchored in "technology leadership, industrial synergy, global expansion, and digital empowerment." These interconnected initiatives solidify its competitive edge in PV manufacturing and zero-carbon solutions.