Chinas GCL expects more information soon on polysilicon restructuring

Beijing, September 1 – A GCL Technology Holdings official, on Sunday, has called more about more information about the Restructuring Plan of China’s Polying Industry with investors.

“We believe that clearer information should be revealed soon and we will better understand how our future cash flow will go,” GCL’s Chief Finance Manager Yang Wenzhong said, ” He said. The authority added that the realization of the reform this year was “not 100 percent sure”.

Yang said that GCL could use his own money to support the reform, but he didn’t know yet, so he was very careful in managing his funds.

GCL’s proposal to restructure the industry, which the administration did not give any more details at the meeting, would see that GCL and other senior manufacturers have received and closed the capacity of the sector. Expectations will increase the prices and transfer to the solar panel industry, which will increase prices and produce losses in the downflow.

Although analysts are likely to be a source of financing for the restructuring, they said that it was unclear where the money would come from in the most debtor sector.

Yang also said that investors’ GCL technology will make a profit in August and September. Polying spot prices increased as Chinese regulators will destroy companies that sell at extremely low prices.

According to Friday, the company reported that GCL’s losses in the first half of 2025 expanded to 1.78 billion Yuan.

This article was created from an automatic news agency feeding without changing the text.