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GCL-Poly Energy Holdings ( (HK:3800) ) has provided an announcement.
GCL Technology Holdings Limited announced significant improvements in its granular silicon business for the year ending December 2024, reporting increased production and shipments. The company has successfully reduced production costs through technological advancements and process optimizations, while fully divesting from the Siemens method polysilicon to concentrate on granular silicon development.
More about GCL-Poly Energy Holdings
GCL Technology Holdings Limited, incorporated in the Cayman Islands, operates in the renewable energy sector with a focus on granular silicon production. The company is dedicated to technological enhancements and cost reductions in its silicon production process, positioning itself as a key player in the industrial development of granular silicon.
YTD Price Performance: -12.50%
Average Trading Volume: 5,096
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $4.14B
For a thorough assessment of 3800 stock, go to TipRanks’ Stock Analysis page.