Movement Alert|GCL Technology Rises 5.71% in Regular Trading, Space Photovoltaic Commercialization Theme Heats Up Combined with Oversold Bounce

Market Focus
Jun 09

On June 9, GCL Technology rose 5.71% in regular trading, trading at 0.74 HKD/share, with trading volume of HKD 237 million. The stock had previously hit consecutive 52-week lows, with a cumulative decline exceeding 30% over the past three months.

On the news front, the space photovoltaic commercialization theme continues to gain momentum. During the SNEC conference, two major space energy alliances were officially launched. GCL Optoelectronics, a subsidiary, signed a strategic cooperation agreement with Ziwei Yutong for in-orbit testing, planning multiple space payload experiments within the year. Additionally, GCL Optoelectronics announced its 2042 cm² large-area perovskite-silicon tandem module achieved a certified efficiency of 30.23%, setting a new industry record and formally entering the core standard range for aerospace high-efficiency cells. The perovskite-silicon tandem technology is widely regarded as the optimal next-generation space photovoltaic route, as reusable rockets reduce launch costs and mega-constellations create scaled demand.

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