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Skycorp Solar Group Announces Results of Extraordinary General Meeting
Globenewswireยท2025-10-14 11:36

Core Points - Skycorp Solar Group Limited held an extraordinary general meeting (EGM) on October 10, 2025, where shareholders approved a resolution regarding share consolidation [1][2][5] - The company focuses on manufacturing and selling solar photovoltaic (PV) products, specifically solar cables and connectors, and aims to expand its offerings for enterprise customers [2][3] Share Consolidation Details - The resolution includes consolidating every 100 shares into 1 share, with the possibility of a lesser amount as determined by the Board, ensuring no fractional shares are issued [5] - Shareholders will receive whole shares, rounding up any fractional shares to the next whole share [5] - The Board is authorized to implement the share consolidation and amend the company's memorandum and articles of association accordingly [5] Company Mission and Operations - Skycorp's mission is to become a green energy solutions provider by utilizing solar power and delivering eco-friendly solar PV products [3] - The company operates through subsidiaries, including Ningbo Skycorp Solar Co., Ltd., in China, leveraging expertise in solar technologies and global client relationships [2][3]