Core Viewpoint - The stock of JunDa Co., Ltd. (02865) surged over 38% and is currently up 27.48% at HKD 32.84, with a trading volume of HKD 1.027 billion, following Elon Musk's support for space photovoltaics and significant production capacity plans disclosed during the World Economic Forum [1] Group 1: Company Developments - JunDa Co., Ltd. announced the initiation of a rights issue, with part of the raised funds allocated for the research and production of space photovoltaic battery-related products [1] - The company previously disclosed an investment of HKD 30 million to acquire a 16.67% stake in Shanghai Xingyi Chip Energy, becoming its second-largest shareholder [1] - A joint venture will be established to focus on CPI films and products combining CPI films with crystalline silicon batteries, targeting the low-orbit and space photovoltaic markets [1] Group 2: Industry Trends - Elon Musk revealed that SpaceX and Tesla are working together to enhance solar energy production, aiming for an annual manufacturing capacity of 100 GW over the next three years [1] - The commercial aerospace industry is driving the emergence of various new technologies, with space photovoltaics identified as a significant direction for industrial application [1] - According to招商证券, JunDa Co., Ltd. is poised to expand from terrestrial photovoltaics to space photovoltaics, leveraging its advantages in crystalline silicon manufacturing and deep industry experience, which may lead to new growth in the global low-orbit satellite and space computing industries [1]