SUN.KING TECH (00580) surged more than 11%. As of the time of writing, the stock was up 10.47%, trading at HK$2.11, with a turnover of HK$11.2538 million. On January 14, SUN.KING TECH issued an announcement forecasting that the Group's revenue for the reporting year ending December 31, 2025, will be approximately RMB 2.25 billion, representing an increase of about 40.0% compared to the year ending December 31, 2024. This growth is primarily attributed to increased revenue from the Flexible Power Transmission business segment, benefiting from the progressive delivery and revenue recognition of products related to engineering orders, specifically the Saudi Arabia Central-South ±500kV VSC-HVDC Converter Station Project, the Gansu-Zhejiang ±800kV UHVDC Power Transmission Project, and the Peru/Chile Distributed Power Flow Controller Project; as well as increased revenue from self-produced IGBTs (Insulated Gate Bipolar Transistors), driven by the Group's intensified market expansion efforts leading to a gradual increase in market share. The Group also expects the profit attributable to owners of the parent company for the reporting year to increase by approximately 30.0% compared to the year ending December 31, 2024. This is mainly due to an increase in gross profit resulting from higher revenue; and an increase in other income and gains, primarily including exchange gains and gains from foreign exchange forward contracts entered into to mitigate currency risk associated with procurement in foreign currencies.