Group 1 - The stock of Sai Jing Technology (00580.HK) rose over 12% in the afternoon trading session, reaching an increase of 11.86% at HKD 13.3 per share [1] - The trading volume amounted to HKD 87.667 million [1]

Group 1 - The core viewpoint of the article highlights the optimistic outlook for China's electricity market demand, with UBS predicting an 8% growth from 2028 to 2030, which is double the previous forecast, benefiting capital expenditures in power equipment and grids starting next year [1] - The company, SaiJing Technology, has seen its stock price increase by over 14%, currently trading at 13.3 HKD, with a trading volume of 87.67 million HKD [1] - The "14th Five-Year Plan" emphasizes ultra-high voltage projects primarily using flexible transmission technology, positioning SaiJing as a leading supplier of domestic power distribution components with a robust order book and steady revenue growth [1] Group 2 - The "14th Five-Year Plan" also suggests promoting future industries such as nuclear fusion energy as new economic growth points [1] - On September 8, SaiJing Technology's Swiss subsidiary, Astrol, announced a collaboration with an innovative company in the nuclear fusion field, utilizing Astrol's power switch solutions to control currents in advanced nuclear fusion systems, showcasing Astrol's leading technology in the nuclear fusion power electronics sector [1]

Core Insights - SaiJing Technology Group's subsidiaries have been recognized as "specialized, refined, and innovative" small giant enterprises in Zhejiang and Jiangsu provinces, highlighting the company's commitment to technology research and development [1][2] - The recognition of these subsidiaries reflects SaiJing Technology's strategic focus on niche markets and its ability to build a competitive advantage in the power electronics sector [1][2] Group 1 - SaiJing Semiconductor focuses on breakthroughs in power semiconductor technology, recently launching seventh-generation IGBT chips and internationally leading silicon carbide chips, which will accelerate the domestic production of high-end power semiconductors [2] - Wuxi SaiJing's power capacitor products are widely used in major domestic ultra-high voltage projects, showcasing their reliable performance [2] - JiaShan HuaRui SaiJing specializes in the field of anode saturation reactors for ultra-high voltage direct current applications [2] Group 2 - The company has participated in over 40 domestic high-voltage direct current transmission projects, providing core support for ultra-high voltage grid construction [3] - SaiJing Technology plays a crucial role in various new energy industry chains, including wind power, photovoltaics, energy storage, and electrified transportation, contributing to the achievement of carbon neutrality goals [3] - The company's technological achievements also serve advanced fields such as high-energy physics research and controlled nuclear fusion projects [3]

Group 1 - The core point of the article is that Sai Jing Technology (00580.HK) experienced a significant stock price increase, rising nearly 10% towards the end of trading, with a current increase of 8.7% to HKD 2 [1] - The trading volume for Sai Jing Technology reached HKD 15.57 million [1]

Core Viewpoint - SaiJing Technology (00580) experienced a nearly 10% increase in stock price, closing at 2 HKD with a trading volume of 15.57 million HKD, driven by significant developments in the nuclear fusion sector [1] Group 1: Company Developments - The BEST project, a compact fusion energy experimental device, has received its first batch of toroidal field (TF) coil boxes and magnetic gravity support components, marking another important delivery following the installation of the dewar base on October 1 [1] - Astrol, a subsidiary of SaiJing Technology in Switzerland, announced a collaboration with an innovative company in the nuclear fusion field to utilize Astrol's power switch solutions for controlling currents in advanced fusion systems [1] - Astrol has provided pulse power switch products and solutions for over 80 projects, including collaborations with TriAlpha Energy in 2017 and another controllable fusion project in 2022, highlighting its leading technology in the nuclear fusion power electronics sector [1] Group 2: Industry Insights - Western Securities (002673) emphasized the ongoing planning and construction of representative devices like BEST, indicating a continuous development in the nuclear fusion industry and the importance of investment opportunities in this sector [1]

Core Viewpoint - The recent delivery of key components for the BEST project, a compact fusion energy experimental device, has positively impacted the stock price of SaiJing Technology, which saw an increase of nearly 10% [1] Group 1: Company Developments - SaiJing Technology's stock rose by 8.7% to HKD 2, with a trading volume of HKD 15.57 million [1] - The company’s Swiss subsidiary, Astrol, announced a collaboration with an innovative firm in the fusion energy sector to utilize Astrol's power switch solutions for controlling currents in advanced fusion systems [1] - Astrol has provided pulse power switch products and solutions for over 80 projects, including notable collaborations with TriAlpha Energy in 2017 and another project in the controllable fusion field in 2022 [1] Group 2: Industry Insights - The BEST project is in the planning and construction phase, with ongoing tenders indicating continued investment opportunities in the nuclear fusion industry [1] - The delivery of critical components for the BEST project, including the first toroidal field (TF) coil boxes and gravity support components, marks a significant milestone following the installation of the dewar base on October 1 [1]

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 賽晶科技集團有限公司（於開曼群島註冊成立之有限公司） 呈交日期: 2025年10月8日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00580 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.1 | HKD | | 200,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.1 | HKD | | 2 ...

Group 1 - The stock of Sai Jing Technology (00580) increased by over 8%, reaching a price of 2.05 HKD with a trading volume of 25.81 million HKD [1] - The compact fusion energy experimental device BEST in Hefei, Anhui, achieved a significant breakthrough with the successful development and delivery of the Dewar base, marking a new phase in the project's main engineering construction [1] - Minsheng Securities suggests paying attention to IGBT switches and highlights Sai Jing Technology's unique technological advantages in the pulsed power field, having provided customized solutions for over 80 global projects, including several internationally renowned fusion research projects [1] Group 2 - Zhongtai International notes that during the 14th Five-Year Plan period, the ultra-high voltage projects focus on flexible transmission technology, with Sai Jing being a leading supplier of domestic power distribution components, benefiting from a sufficient order backlog and steady revenue growth [2] - The increase in the localization rate of power distribution components supports the gross margin, while the self-developed IGBT chip business experiences explosive revenue growth [2] - On September 8, the Swiss subsidiary Astrol Electronic AG announced a collaboration with an innovative company in the fusion field, which will utilize Astrol's power switch solutions to control current in advanced fusion systems [2]

Core Insights - The stock of SaiJing Technology (00580) has increased by over 8%, reaching HKD 2.05 with a trading volume of HKD 25.81 million, driven by positive developments in the nuclear fusion sector [1] Group 1: Company Developments - The BEST (Compact Fusion Energy Experimental Device) project in Hefei, Anhui, has achieved a significant breakthrough with the successful development and delivery of the Dewar base, marking a new phase in the project's main engineering construction [1] - SaiJing Technology has established itself as a key technology supplier in the controlled nuclear fusion field, providing customized solutions for over 80 global projects, including several internationally recognized nuclear fusion research initiatives [1] Group 2: Industry Trends - The "14th Five-Year Plan" period focuses on ultra-high voltage projects primarily utilizing flexible transmission technology, with SaiJing positioned as a leading supplier of domestic power distribution components [2] - The increase in domestic power semiconductor penetration is expected to support the gross margin, alongside a significant growth in revenue from self-developed IGBT chip business [2] - A recent collaboration between SaiJing's Swiss subsidiary, Astrol Electronic AG, and an innovative company in the nuclear fusion sector aims to utilize Astrol's power switch solutions for controlling currents in advanced nuclear fusion systems [2]

公司法（經修訂） 獲豁免股份有限公司 Sun.King Technology Group Limited 賽晶科技集團有限公司 之 經修訂及重列組織章程大綱 （根據於二零二二年六月十五日通過的特別決議案採納） 1. 本公司名稱為Sun.King Technology Group Limited賽晶科技集團有限公司。 2. 本公司的註冊辦事處為Conyers Trust Company (Cayman) Limited的辦公室，地址 為Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman, KY1-1111, Cayman Islands。 3. 在本大綱以下條文的規限下，本公司的成立宗旨並無限制。 4. 在本大綱以下條文的規限下，不論公司法第27(2)條有關任何公司利益問題的規定，本 公司應擁有並能夠行使一個具完全行為能力的自然人的全部職能。 5. 除非已獲正式取得執照，否則本大綱不許本公司經營根據開曼群島法例須在取得執照 下方可經營的業務。 6. 本公司不會在開曼群島與任何人士、商號或法團進行交易（為促進本公司在開曼群島 以外地區進行的業務者除外 ...