GCL Technology announces strategic shift in silicon business

This move aims to optimize asset structure, enhance operational efficiency, and boost capital reserves for GCL’s new granular silicon project. Image Credit GCL.

On Dec 29, 2023, GCL Technology’s associate Xinjiang Goins plans to distribute dividends, repurchase equity from shareholder Jiangsu Zhongneng, and shift focus from polycrystalline silicon to silane fluidized bed granular silicon technology.