GCL Tech was established in 2006 and listed on the Hong Kong Stock Exchange in 2007. The company is headquartered in Hong Kong and has subsidiaries and R&D centers in the United States, Suzhou, Xuzhou, Leshan, Baotou, Hohhot, and Zhongwei.
GCL Technology Holdings is acquiring about 81.91% of Sichuan GCL Lithium Battery Technology, a producer of LFP cathode materials, from Golden Concord Group. The deal follows a signed non-binding memorandum of understanding. Sichuan GCL specializes in lithium iron phosphate (LFP) cathodes, a key component for energy storage and electric vehicle batteries.
GCL Technology, a Chinese polysilicon and solar module producer, is entering the lithium-ion battery storage sector. The company aims to diversify its operations beyond photovoltaics (PV) into energy storage solutions.
GCL becomes the first company to have its granular silicon included in GFEX’s polysilicon futures delivery list. The company operates the world’s only large-scale mass production facility for granular silicon, with an effective capacity of 480,000 tons.
GCL Technology Holdings establishes a CNY 2.06 billion limited partnership to acquire a 42.5% stake in Inner Mongolia Xinyuan Silicon Material Technology. The move targets a significant minority position in a Chinese silicon material producer. The transaction reflects strategic consolidation in the solar-grade silicon supply chain.