Sunshine Power has recently established a new energy subsidiary, which resulted in a slight increase in its stock price by 0.04%. As of March 17, 2025, at 3:24 PM, the stock was priced at 68.78 yuan, reflecting an increase of 0.03 yuan from the previous trading day. The opening price for that day was 68.85 yuan, with a peak of 69.88 yuan and a low of 68.71 yuan. The trading volume reached 296,400 shares, amounting to 2.048 billion yuan, with a fluctuation of 1.70%.
On the news front, Sunshine Power has recently launched Lingchuan Qingfeng New Energy Co., Ltd., with a registered capital of 1 million yuan. The company’s business scope includes power generation technology services, sales of specialized electronic materials, and natural ecosystem protection management. This new subsidiary is wholly owned by Sunshine New Energy Development Co., Ltd..
Additionally, on March 14, China Huaneng Group and Sunshine Power reached a consensus to deepen their cooperation. The two parties plan to enhance resource synergy and technological innovation in the construction of a new power system.
Recently, Sunshine Power’s Xingzilongping Wind Power Project in Guangdong Lianzhou has attracted attention due to land use planning conflicts with local photovoltaic projects. Government departments have intervened to coordinate the situation. It is notable that this project took nearly six years to complete land use approvals and received provisional land approval in February 2025.
Risk Warning: The information above is compiled from publicly available data and does not constitute investment advice. The market carries risks, and decisions should be made with caution.
