To The Moon

The photovoltaic (PV) industry chain has shown clear price support recently, driven by inventory digestion and government stockpiling efforts. Polysilicon producers have aggressively raised quotes to...

China's polysilicon producers have teamed up to form Beijing Guanghe Qiancheng Technology to address severe overcapacity in the solar industry, Reuters reported Wednesday.The new entity was registered in Beijing on Dec. 9 with a capital of 3 billion yuan, according to the report.Tongwei indirect unit of Tongwei Solar Technology holds the biggest stake in Beijing Guanghe Qiancheng Technology at 30.4%, Reuters wrote. GCL Technology is the second largest shareholder.Other shareholders were linked to Xinte Energy and CSG Holding , according to the report.

GCL TECH (03800) announced on December 8, 2025, that GCL Suzhou, GCL Xuzhou, Cinda, Xinsheng, and Anyi entered into a partnership agreement to form a limited partnership for acquiring a 42.469% stake...

GCL Technology Holdings (SEHK:3800) just wrapped up a major equity offering that raised more than HKD 5.4 billion by issuing a large number of new ordinary shares. Investors are weighing how this move could affect the company’s growth and capital resources. See our latest analysis for GCL Technology Holdings. The substantial equity raise appears to have injected renewed attention into GCL Technology Holdings, with the share price up 10.4% year-to-date and modest gains in the past week...

GCL TECH (03800) saw its stock price soar by 5.43% in the pre-market session on Thursday, as investors responded positively to news of accelerated distribution of renewable energy subsidies in China....

Chinese polysilicon wafer manufacturers are looking to create a 50-billion-yuan fund to acquire and shut down nearly one-third of the country's production capacity to recoup losses, Reuters reported, citing GCL Technology .Plans were in place to close down and acquire the production of at least 1 million metric tons of lower-quality polysilicon capacity, the report said, citing GCL Investor Relations Director Jun Zhu."It is sort of like the OPEC of the polysilicon industry, wherein total supply for a specified timeframe has to be agreed by the central committee and production quotas to be allocated to producers," Reuters quoted Jun as saying.The closure will retain 2 million tons of capacity. As of the end of 2024, the country's polysilicon capacity was at 3.25 million tons, the report said, citing industry thinktank Bernreuter.