See every side of every news story
Published loading...Updated

GCL Technology (Stock code: 3800.HK) Fully Exits Xinjiang Rod-Polysilicon Investment, Redirecting Focus on FBR Granular-Polysilicon Production

  • GCL Technology, a Hong Kong-based company , released its 2024 annual financial report on March 28th.
  • Intense industry competition prompted GCL Technology to focus on granular polysilicon production and cost reduction.
  • GCL Technology improved operations through cost reductions, price increases, and high-quality granular polysilicon exceeding 95%.
  • From January to February 2025, granular polysilicon cash cost dropped to CNY 27.14/kg, and the tax-exclusive selling price rose to CNY 31.1/kg.
  • GCL Technology fully exited Siemens-method polysilicon investments, divested from Xinjiang Goens, and focuses on human rights.
Insights by Ground AI
Does this summary seem wrong?

32 Articles

All
Left
4
Center
7
Right
3
Altavista JournalAltavista Journal
+31 Reposted by 31 other sources
Center

GCL Technology (Stock code: 3800.HK) Fully Exits Xinjiang Rod-Polysilicon Investment, Redirecting Focus on FBR Granular-Polysilicon Production

HONG KONG, April 1, 2025 /PRNewswire/ -- On March 28th, GCL Technology (Stock code: 3800.HK) released its 2024 annual financial report, revealing that the company has achieved sequential reduction in losses since 2Q2024, with overall operational fundamentals stabilizing and improving…

·Altavista, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center
50% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Bradford Era broke the news in Bradford, United States on Wednesday, April 2, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.