Chinese scientists claim that they filmed an unidentified flying object for about 40 minutes, during the solar eclipse on July 22.
Researchers at the Purple Mountain Observatory in Nanjing have said that they will spend the next 12 months studying the footage before reaching any conclusions.
In an interview with sina.com, Ji Hai-sheng, the director of the observatory, said that scientists would not be speculating publicly on the nature of what was captured on film until it had been properly studied.
"'Purple Mountain Observatory and Chinese Academy of Sciences said that during the July 22 total solar eclipse observation, China had discovered near the sun, by observing staff, an unidentified object, it's physical nature remains to be further studied," the Telegraph quoted him as saying.
"Currently manpower is being organized to deal with this data, complete the data analysis and reveal the scientific results and this will take at least one year's time to finalise," he added.
The incident comes after a series of UFO sightings in China, which eventually led to the object being captured on film by students in Deqing.
The footage, featured on Chinese television, apparently shows the object repeatedly changing shape after initially appearing as a glowing blue sphere.