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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-Poly Energy Announces Disposal Of 31.5% Equity Interests In Xinjiang GCL
Wednesday, 26 Jun 2019 

June 26 (Reuters) - GCL-Poly Energy Holdings Ltd <3800.HK>::ANNOUNCES DISPOSAL OF 31.5% EQUITY INTERESTS IN XINJIANG GCL.DEAL FOR RMB2.49 BILLION.GROUP CURRENTLY EXPECTS TO RECORD A GAIN OF ABOUT RMB1.6 BILLION, EXCLUDING TAX IMPACT, ARISING FOR DISPOSAL.UNIT TO SELL 31.5% OF EQUITY INTERESTS IN XINJIANG GCL TO XUZHOU ZHONGPING GCL INDUSTRIAL UPGRADING EQUITY INVESTMENT FUND LLP.  Full Article

Gcl-Poly Energy Says Unit Entered Cooperation Intent Agreement With China Hua Neng Group Hong Kong
Tuesday, 4 Jun 2019 

June 4 (Reuters) - Gcl-Poly Energy Holdings Ltd <3800.HK>::UNIT ENTERED COOPERATION INTENT AGREEMENT WITH CHINA HUA NENG GROUP HONG KONG LIMITED.AGREEMENT REGARDING POSSIBLE SALE OF ABOUT 51% ORDINARY SHARES IN SHARE CAPITAL OF GCL NEW ENERGY HOLDINGS.  Full Article

Gcl-Poly Energy's Unit Entered Into Cooperation Agreements To Establish Fund
Friday, 31 May 2019 

May 31 (Reuters) - GCL-Poly Energy Holdings Ltd <3800.HK>::UNIT ENTERED INTO COOPERATION AGREEMENTS TO ESTABLISH LESHAN POLYSILICON PHOTOVOLTAIC INFORMATION INDUSTRY INVESTMENT FUND.  Full Article

GCL-Poly Energy Holdings Announces Capital Increase In Inner Mongolia Zhonghuan GCL
Friday, 31 May 2019 

May 31 (Reuters) - GCL-Poly Energy Holdings Ltd <3800.HK>::ANNOUNCES CAPITAL INCREASE IN INNER MONGOLIA ZHONGHUAN GCL.UNIT, TIANJIN ZHONGHUAN AND INNER MONGOLIA ZHONGHUAN WILL CONTRIBUTE TOTAL RMB2.40 BILLION TO INNER MONGOLIA ZHONGHUAN GCL.OF THE AGGREGATE CONTRIBUTION, RMB800 MILLION IS TO BE CONTRIBUTED BY CO'S UNIT SUZHOU GCL TECHNOLOGY IN CASH.  Full Article

GCL-Poly Energy Says Jiangsu Zhongneng, Unit Enters Limited Partnership Agreement
Friday, 12 Apr 2019 

April 12 (Reuters) - GCL-Poly Energy Holdings Ltd <3800.HK>::JIANGSU ZHONGNENG, UNIT ENTER LIMITED PARTNERSHIP AGREEMENT.AGREEMENT TO ESTABLISH INVESTMENT FUND WITH TOTAL CAPITAL COMMITMENT RMB3.35 BILLION.OF TOTAL CAPITAL COMMITMENT RMB1.35 BILLION IS TO BE CONTRIBUTED BY JIANGSU ZHONGNENG.  Full Article

GCL-Poly Energy Holdings Posts FY Revenue From Cont Ops RMB 20,565.4 MLN
Friday, 29 Mar 2019 

March 29 (Reuters) - GCL-Poly Energy Holdings Ltd <3800.HK>::FY REVENUE FROM CONTINUING OPERATIONS RMB 20,565.4 MILLION VERSUS RMB 23,794.5 MILLION.FY LOSS ATTRIBUTABLE FROM CONTINUING OPERATIONS RMB693.4 MILLION VERSUS PROFIT OF RMB1,926.4 MILLION.  Full Article

Gcl-Poly Energy Holdings Says Unit To Sell Suzhou Kezhun To Liaoning Huajun Asset Management
Friday, 28 Dec 2018 

Dec 28 (Reuters) - GCL-Poly Energy Holdings Ltd <3800.HK>::EXPECTS OPERATING PERFORMANCE OF GROUP FOR YEAR ENDING 31 DEC 2018 TO SUBSTANTIALLY DECLINE COMPARED WITH 2017.UNIT TO SELL SUZHOU KEZHUN PHOTOVOLTAIC TECHNOLOGIES TO LIAONING HUAJUN ASSET MANAGEMENT FOR RMB850 MILLION.GROUP CURRENTLY EXPECTS TO RECORD A GAIN ARISING FROM DISPOSAL OF ABOUT RMB446 MILLION UPON SUZHOU KEZHUN CLOSING.  Full Article

Gcl-Poly Energy Holdings Says Cornerstone Jingxin Financial Leasing To Purchase Donghai Leased Assets
Friday, 30 Nov 2018 

Nov 30 (Reuters) - GCL-Poly Energy Holdings Ltd <3800.HK>::CORNERSTONE JINGXIN FINANCIAL LEASING SHALL PURCHASE DONGHAI LEASED ASSETS FROM XI'AN DATANG ELECTRIC FOR RMB63.1 MILLION.CORNERSTONE JINGXIN FINANCIAL LEASING SHALL PURCHASE ZHUZHAI LEASED ASSETS FROM XI'AN DATANG ELECTRIC FOR RMB57.6 MILLION.  Full Article

GCL-Poly Energy Holdings' Unit Enters Deals With Xinjiang Guoxin & Xinjiang Intelligent Energy
Wednesday, 19 Sep 2018 

Sept 19 (Reuters) - GCL-Poly Energy Holdings Ltd <3800.HK>::UNIT ENTERED INTO STEAM SUPPLY AGREEMENT WITH XINJIANG GUOXIN IN RELATION TO SUPPLY OF STEAM BY XINJIANG GUOXIN.UNIT ENTERS RAW WATER & DESALTED WATER SUPPLY DEAL WITH XINJIANG GUOXIN IN RELATION TO SUPPLY OF STEAM BY XINJIANG GUOXIN.AGREED STEAM SUPPLY PRICE FOR STEAM SUPPLY DEAL BE RMB57.60/TONNE IF 2.2 MILLION TO 3 MILLION TONNES OF STEAM IS CONSUMED BY XINJIANG GCL/YEAR.UNIT ENTERS ENERGY SERVICES DEAL WITH XINJIANG INTELLIGENT ENERGY FOR PROVISION OF ELECTRICITY DISTRIBUTION SERVICES.AGREED RAW WATER SUPPLY PRICE IS RMB10.82 PER TONNE AND AGREED DESALTED WATER SUPPLY PRICE IS RMB24.20 PER TONNE.AGREED ENERGY SERVICE PRICE UNDER ENERGY SERVICES AGREEMENT IS FIXED AT ABOUT RMB2.8 MILLION PER MONTH.  Full Article

Shanghai Electric Enters Framework Deal To Buy 51% Stake Of Unit Of GCL-Poly Energy
Wednesday, 6 Jun 2018 

June 6 (Reuters) - Shanghai Electric Group Co Ltd <601727.SS>::ENTERS FRAMEWORK DEAL ON BUYING STAKE OF JIANGSU ZHONGNENG POLYSILICON TECHNOLOGY DEVELOPMENT CO WITH GCL-POLY ENERGY.CO CONTEMPLATING ACQUISITION OF 51% STAKE OF JIANGSU ZHONGNENG POLYSILICON TECHNOLOGY DEVELOPMENT.VALUATION OF 100% EQUITY INTEREST OF JIANGSU ZHONGNENG IS EXPECTED TO BE NO MORE THAN RMB25 BILLION.APPLICATION MADE TO HONG KONG STOCK EXCHANGE FOR RESUMPTION OF TRADING OF ITS H SHARES WITH EFFECT FROM 7 JUNE 2018.TRANSACTION IS PRELIMINARILY DETERMINED TO BE CONDUCTED THROUGH CONSIDERATION ISSUE OF A SHARES AND CASH PAYMENT BY CO.  Full Article