GCL Suzhou signs deal for silicon material with Zhongneng Silicon
2025-08-08 17:22:01 [Print]
On August 7, GCL Technology (Suzhou) Co
. , Ltd . , a wholly-owned subsidiary of GCL SI, signed a framework agreement with Jiangsu Zhongneng Silicon Industry Technology Development Co . , Ltd . to purchase silicon material, which is YAS recycled material refined from purified silicon powder, with an estimated volume of 11,250 tonnes and a total contract value up to RMB450 million (USD62 . 65 million) (tax included) . Prices will be negotiated monthly based on market conditions, according to the agreement.