Will GCL-Poly Energy List on Stock Exchange in China?

PVTIME – On February 9, GCL-Poly Energy Holdings Limited (03800.HK) announced that the board of directors plan to launch a discussion on the possibility of the company’s listing on the stock exchange trading in China, including the listing method, time and sale plans, based on the principle of maximizing the interests of shareholders of the company.

According to the latest performance forecast, GCL-Poly gains profit in 2021. Its original FBR granular silicon technology with independent intellectual property rights has received intensive attention from the capital market.

Furthermore, according to public information, most leading photovoltaic companies in China, including JA Solar, Trina Solar, Daqo Energy, Canadian Solar, Jinko Solar, etc., have turned to A-shares from US stocks since 2019, currently enjoy greater incremental growth. Once GCL-Poly lists on A-shares, the top domestic silicon material enterprises will gather in the A-share camp, and the silicon energy industry will attract more capital to focus on its high-quality development, thus benefit all shareholders of the company greatly.