MarketGCL-Poly
Company Profile

GCL-Poly

GCL-Poly, founded in 1996, is a subsidiary of Golden Concord Group Limited (GCL), a green energy supplier in China, providing power and heat via cogeneration, incineration and wind power. As of 2009 it was the largest supplier of polysilicon in China, and is also a supplier of electronic wafers for the solar industry.

History
GCL-Poly listed at the Hong Kong Stock Exchange in 2007. The IPO price range was 3.3 to HK $4.1, raising up to 1.181 billion yuan. In November 2009, China Investment Corporation (CIC) bought a HK$5.5 billion ($710 million) minority stake in GCL-Poly. In August 2016, GCL-Poly bought $150 million worth assets of SunEdison. In April 2017, GCL-Poly invested over $832 million in construction of 60,000 tons polysilicon plant in China. In April 2020 Poly launched a partnership with Hypersolar Inc. 7. GCL-poly is a company that drills oil wells in Jehedin and Elele in OGADEN Region. == References ==
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