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GCL TECH 2024 Production Vol. of Granular Silicon Hits 269K Tons, Shipment 282K Tons
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GCL TECH (03800.HK) announced that in 4Q24, the production volume of granular silicon was 70,900 tons, up 14.4% QoQ; the shipment volume was 74,600 tons, down 7.8%; and the production cash cost sank to RMB28.17/kg from RMB33.18/kg in 3Q.

In 2024, the total production volume of granular silicon was 269,200 tons; the shipment volume was 281,900 tons; and the production cash cost was RMB33.52/kg.

So far, the Company has completely withdrawn its direct and indirect investments in relation to the Siemens method polysilicon, to fully focus on the industrial development of the granular silicon.
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