tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GCL Technology Secures 2025 Silicon Ingot Procurement Agreement

Story Highlights
GCL Technology Secures 2025 Silicon Ingot Procurement Agreement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

GCL-Poly Energy Holdings ( (HK:3800) ) has issued an update.

GCL Technology Holdings Limited announced the establishment of a 2025 Framework Agreement with Inner Mongolia Zhonghuan for the procurement of 8,125 metric tonnes of monocrystalline silicon ingots. This agreement, which includes amendments for pricing and transaction caps, is significant for GCL’s operations as it strengthens their supply chain and aligns with industry regulations, impacting their market positioning.

The most recent analyst rating on (HK:3800) stock is a Buy with a HK$1.65 price target. To see the full list of analyst forecasts on GCL-Poly Energy Holdings stock, see the HK:3800 Stock Forecast page.

More about GCL-Poly Energy Holdings

GCL Technology Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the energy sector. The company focuses on the production and procurement of monocrystalline silicon ingots, a key component in solar energy technology.

Average Trading Volume: 755,867,526

Technical Sentiment Signal: Buy

Current Market Cap: HK$37.03B

For detailed information about 3800 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1