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GCL-Poly Energy Holdings Ltd (3800.HK)

3800.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Gcl New Energy Enters Ruicheng Finance Lease Agreements With Cinda Financial Leasing
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Gcl New Energy Holdings Ltd <0451.HK>::CINDA FINANCIAL LEASING SHALL PURCHASE RUICHENG LEASED ASSETS FROM RUICHENG GCL AT A CONSIDERATION OF RMB450 MILLION.‍CINDA FINANCIAL LEASING, AS LESSOR, SHALL LEASE RUICHENG LEASED ASSETS TO RUICHENG GCL, FOR 8 YEARS AT RMB551.5 MILLION​.  Full Article

Gcl-Poly Energy ‍Announces Updates On Possible Spin-Off Of Solar Material Business​
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Gcl-Poly Energy Holdings Ltd <3800.HK>::‍ANNOUNCES PRELIMINARY DISCUSSION WITH POTENTIAL INVESTORS AND POSSIBLE SPIN-OFF AND SEPARATE LISTING OF SOLAR MATERIAL BUSINESS​.  Full Article

GCL New Energy says ‍GCL System Integration looks to buy stake in co
Friday, 24 Nov 2017 

Nov 24 (Reuters) - GCL New Energy Holdings Ltd <0451.HK>::‍GCL System Integration Technology as purchaser, Haitong International New Energy VIII and Sum Tai enter framework agreement.Under agreement, ‍GCL System Integration to potentially buy 10.01 percent of total issued shares of co.‍Expects definitive sale and purchase agreement to be entered into by vendors and GCL System Integration on or before 15 Dec 2017​.  Full Article

GCL-Poly Energy says ‍unit to supply wafer products to GCL System Integration Entities
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Gcl-poly Energy Holdings Ltd <3800.HK>::‍Unit GCL-Poly Suzhou to supply wafer products to GCL System Integration entities from Jan 1, 2018 to Dec 31, 2018​.Under framework agreement, estimated total quantity of wafer products to be supplied during term is 650 million pieces​.  Full Article

GCL System in deal to buy polysilicon from GCL-Poly Energy's unit
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - GCL System Integration Technology Co Ltd <002506.SZ>:Says it signs agreement to buy up to 3.59 billion yuan ($541.27 million) worth of polysilicon from GCL-Poly Energy Holdings Ltd's <<<3800.HK>>> subsidiary.  Full Article

Gcl New Energy to establish investment fund with Taiping Financial
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Gcl New Energy Holdings Ltd <0451.HK>:Announces ‍co-operation framework agreement for establishment of investment fund with Taiping Financial Holdings​.‍Taiping Financial or its affiliates will lead establishment of investment fund with fund size of about HK$8.00 billion​.Establishment of fund to invest in GNE by way of subscription of new GNE shares and convertible bonds​.  Full Article

GCL New Energy enters lease agreements with Cinda Financial Leasing​
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - GCL New Energy Holdings Ltd <0451.HK>:group entered into Huarong finance lease agreements, with Cinda Financial Leasing​.‍cinda Financial Leasing shall purchase from Xi'an Datang Electric Huarong leased assets at a consideration of rmb554.6 million.  Full Article

Gcl-Poly Energy's unit agrees deal to provide services for Suzhou Project for upto RMB35.2 mln
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Gcl-poly Energy Holdings Ltd <3800.HK>::Unit to provide management & consultancy services for Suzhou Project to Jiangsu GCL Construction Management for upto RMB35.2 million.  Full Article

Lamtex Holdings says GCL-Poly Energy purchased 299.5 mln ordinary shares of co
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Lamtex Holdings Ltd <1041.HK>::‍China Force sold 299.5 million ordinary shares of co to GCL-Poly Energy​ for total consideration of HK$200 million.  Full Article

GCL Poly Energy says HY net profit RMB 1.39 billion<3800.HK>
Wednesday, 24 Aug 2016 

GCL-Poly Energy Holdings Ltd <3800.HK>: Interim results announcement for six months ended 30 June 2016 <3800.HK> . HY revenue RMB13.16 billion versus RMB10.22 billion . HY net profit RMB 1.39 billion versus RMB 584.6 million . Board does not recommend the payment of any interim dividend for the six months ended 30 June 2016 . "Expect solar wafer pricing trend to remain resilient" . "Anticipate that 2016 global PV solar demand to grow modestly to approximately 64 GW, up from 51-57 GW in 2015 and from 44 GW in 2014" .  Full Article

BRIEF-Lamtex Holdings says GCL-Poly Energy purchased 299.5 mln ordinary shares of co

* ‍China Force sold 299.5 million ordinary shares of co to GCL-Poly Energy​ for total consideration of HK$200 million Source text for Eikon: Further company coverage: