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 amid intense industry competition. 

From January to February 2025, the average cash cost (including R&D) of granular polysilicon further dropped to CNY 27.14/kg, while the tax-exclusive selling price rose to CNY 31.1/kg. Compared to 3Q2024's cash cost of CNY 33.18/kg and tax-exclusive price of CNY 28.98/kg, this marks significant cost reductions and steady price increases. The proportion of high-quality granular polysilicon products has exceeded 95%, with a ...

https://www.benzinga.com/pressreleases/25/04/n44599664/gcl-technology-stock-code-3800-hk-fully-exits-xinjiang-rod-polysilicon-investment-redirecting-focu