On September 30, GCL TECH rose 5.63% in regular trading, trading at HK$0.75/share, with turnover of approximately HK$115 million. The stock outperformed the broader photovoltaic sector, which saw widespread gains during the session.

The rally was driven by a broad-based surge in solar and photovoltaic stocks, with institutional research highlighting that the integrated photovoltaic-plus-storage development trend is now well-established. Industry analysts noted that auxiliary material segments with favorable supply-demand dynamics are likely to see earnings recovery first, pointing to three directional opportunities for the sector. Peers including Beijing Energy International, Xinyi Solar, GCL Technology, and Xinte Energy all posted notable gains.

Supporting the momentum, GCL TECH recently disclosed its first-half results showing revenue of RMB 5.777 billion, up 0.7% year-over-year, with gross losses narrowing 38.1% compared to the prior year. The company is also advancing its second growth curve through lithium iron phosphate cathode materials — its first 200,000-tonne facility has already achieved operating profit — and silicon-carbon anode development. Meanwhile, the domestic polysilicon industry continues to benefit from anti-involution policy enforcement and gradual inventory destocking, with sector inventories declining 13% quarter-over-quarter.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)