GCL TECH (03800) announced its interim results for the six months ended June 30, 2025, reporting revenue of RMB 5.735 billion and research and development expenses of RMB 353 million. The company stated that leveraging its granular silicon technology, it maintains core competitive advantages and demonstrates significant survival advantages within the industry. During the period, the company's product capabilities continued to strengthen, customer loyalty increased, and it entered another new phase of development.

Through continuous process optimization, technological advancement, and material innovation, the quality of the company's granular silicon products has shown steady improvement, continuously pushing the limits of granular silicon technology. Based on the excellent purity and stability of its granular silicon products, customer adhesion to the company's granular silicon has continuously strengthened, with increasingly close and stable cooperative relationships between both parties.

According to Infolink statistics, in July 2025, the transaction price of granular silicon exceeded that of traditional N-type dense materials for the first time. From January to June 2025, the company's market share reached 24.32%, compared to approximately 14.58% in 2024, representing a significant increase.