Skyline Builders Group Holding Limited Appoints Paul Mann as Executive Chairman to Lead New Strategic Direction
Hong Kong, Nov. 06, 2025 (GLOBE NEWSWIRE) – Skyline Builders Group Holding Limited (NASDAQ: SKBL), a Cayman Islands exempted company (the “Company”), today announced several strategic changes to its leadership, corporate strategy, and headquarters location.
Appointment of Paul Mann as Executive Chairman
Effective January 1, 2026, Paul E. Mann will assume the role of Executive Chairman of Skyline Builders Group Holding Limited. Mr. Mann brings over 25 years of experience as an investor and entrepreneur.
He is currently the Founder and Executive Chairman of ASP Isotopes Inc. (NASDAQ: ASPI) and Chairman of Quantum Leap Energy, a wholly owned subsidiary of ASPI. Previously, as CEO of ASPI, Mr. Mann built the company into a billion-dollar enterprise with over 200 global employees, established three isotope enrichment facilities in Africa, and secured multiple supply agreements with global partners. These initiatives support next-generation semiconductors, healthcare, and nuclear energy industries.
Mr. Mann has more than 15 years’ experience as an investor at prestigious institutions including Morgan Stanley, Soros Fund Management, and Highbridge Capital Management. He is a U.K. citizen, graduated from Cambridge University with an MA and MEng in Chemical Engineering, and is a CFA Charterholder.
In his new role as Executive Chairman, Mr. Mann will collaborate closely with the Company’s CEO and Board of Directors to provide overall leadership, steer strategic direction, support senior management, and coordinate Board activities.
New Strategic Direction
Over the past three months, the Company has successfully raised more than $40 million from institutional investors, including $2.5 million from Quantum Leap Energy LLC (controlled by Mr. Mann) and $3.5 million from Mr. Mann personally.
The Company aims to evolve into a strategic supplier of critical minerals and nuclear fuels, targeting several acquisitions and strategic partnerships already identified. Priority will be given to serving customers in the United States to ensure access to essential critical materials.
According to the Energy Act of 2020, a “critical material” is defined as:
- Any non-fuel mineral, element, substance, or material that the Secretary of Energy determines (i) has a high risk of supply chain disruption; and (ii) serves an essential role in energy technologies that produce, transmit, store, or conserve energy; or
- Any mineral, element, substance, or material designated as critical by the Secretary of the Interior, through the Director of the U.S. Geological Survey.
Examples of critical minerals include cerium, praseodymium, neodymium, gadolinium, tin, tungsten, and lithium. The U.S. heavily relies on foreign imports for these materials, posing significant risks to national security and economic stability, especially because many of these minerals are crucial to defense and clean energy technologies.
Concerns over dependence on foreign-owned entities for critical minerals are growing among Western countries, including the U.S.
Acquisition of First Critical Minerals Asset
On October 31, 2025, the Company entered into a unit purchase agreement with a privately held Delaware limited liability company (the “LLC”) that owns significant critical minerals assets in Asia. The Company acquired approximately a 20% interest in the LLC for $20 million.
Due to the confidential nature of this investment and pending government approvals, the Company will provide additional information once approvals are secured, expected in the fourth quarter of 2024. The Company is also actively negotiating several other opportunities within the critical minerals sector.
Relocation of Headquarters to Washington D.C.
Aligned with its strategic shift, the Company plans to relocate its headquarters from Hong Kong to Washington D.C. Additionally, it intends to establish a new wholly owned subsidiary dedicated to its critical minerals business to better serve the U.S. market.
Forward-Looking Statements
This press release contains forward-looking statements subject to risks and uncertainties. Such statements may include words like “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” or similar expressions.
The Company undertakes no obligation to update these statements unless required by law. While the Company believes these expectations are reasonable, actual results may differ materially. Investors are encouraged to review risks outlined in the Company’s registration statements and SEC filings.
Contact Information
Skyline Builders Group Holding Limited
Investor Relations Department
Email: [email protected]
