GCL Integration inks 3.5GW silicon wafer deal for 2024

The company emphasized fair and reasonable pricing, asserting no impact on independence or shareholder interests. Illustration from GCLTech.

GCL Integration secures a “Silicon Wafer Sales Contract” with GCL Technology Suzhou, ensuring a stable supply for its 20GW high-efficiency cell project. The 2024 capped purchase is 1 million yuan, approximately 3.5GW or 425.5 million pieces. Transaction pricing to be discussed in January aligns with normal business activities.