Skycorp is a China-based manufacturer and distributor of solar PV components, principally solar cables and connectors used in solar energy generation systems. These products connect the key parts of a PV system — solar panels, inverters, charge controllers, and batteries — and account for roughly 97% of revenue. Skycorp sells to solar installers and distributors across mainland China and internationally, with exports to the rest of Asia and other markets growing to roughly 38% of FY25 revenue, up from 20% in FY24. Skycorp manufactures solar cables and connectors at its Ningbo facilities and earns a margin over raw material costs, primarily copper wire and halogen-free insulating materials. Skycorp also distributes hybrid energy storage systems (inverters and lithium-ion batteries) sourced from third-party suppliers, and resells GPU and HPC servers to customers in Web3, AI, and data analytics — though the server segment has shrunk to roughly 2% of revenue. Skycorp sells through a B2B model, reaching customers via trade shows, referrals, and online channels. The company is pursuing a two-pronged growth strategy: acquiring solar power station assets (including a 24% equity stake in Nanjing Cesun Power, a new energy developer) and building a digital asset reserve of Bitcoin, Ethereum, and stablecoins on its balance sheet, signaling a shift beyond component manufacturing into power generation and digital assets.