Replies to post #60051 on Sun Pacific Holding Corp (SNPW)

[Skiluc]

Lol. You realize Tsingshan Group is the Parent company right. FoxESS being one if its listed subsidiaries.

Oops.

More DD required.

Maybe this can help:

Chinese inverter and battery storage manufacturer FoxESS is focused on this opportunity and aims to make the combination of lithium-ion batteries and solar attractive and compelling for end users around the world. FoxESS is no newcomer to PV and storage: Its founder and CEO Michael Zhu has spearheaded the global expansion of other leading Chinese PV brands. And on the battery side, the company can tap into an extensive battery materials and battery assembly supply chain developed and run by its parent company, Tsingshan Group. A global Fortune 500 company, Tsingshan is the world’s leading stainless steel manufacturer.

https://www.pv-magazine.com/magazine-archive/foxess-and-tsingshan-a-pv-and-battery-powerhouse/

Spin till ya win lol. Longs win. Promise.

[Skiluc]

With $42.4B in revenues, Tsingshan must own shares in hundreds, if not thousands of smaller companies.

Can you imagine if they took even a tiny interest in SNPW, what kind of movement that would make in SNPW? What if Tsingshan announced that publicly? After all it would be in direct support of its Subsidiary: FoxESS. No?

[drugmanrx]

Here read this it will explain it all

https://16iwyl195vvfgoqu3136p2ly-wpengine.netdna-ssl.com/wp-content/uploads/2020/04/FoxESS-SpecialEdition2020.pdf

Does this say how many shares of Foxess or what percentage of shares Tsingshan own? It could be any number of shares as this statement is either deliberately or unknowingly vague.

"What is the relationship with Tsingshan Holding Group like for FoxESS?
As the world’s largest stainless steel company, Tsingshan Group is a great, visionary
company. It has set up a full industrial chain for lithium-ion batteries, and FoxESS is
an extended application of its battery business.
We have mature inverter and storage products and solutions, and with the support of
lithium-ion batteries from Tsingshan, we are in a powerful position for cost control –
so we have sharp competitiveness. Actually, we have been granted infinite support fromTsingshan for exploring markets and global expansion."