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.
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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
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