Lan Tianshi, Co-CEO of GCL Technology, explained at the company's semi-annual performance conference held today, “Currently, the operating rate of the company's granular silicon is between 50% and 60%. The company complies with the requirement that the sales price is not lower than the full cost. The overall price is between 40 yuan and 43 yuan/kg, with a portion of the turnover.” Regarding future market conditions, the company's management said that the current price is in the process of transmission from upstream to downstream. In the long run, the price is likely to stabilize at around 45 yuan/kg.

Lan Tianshi, Co-CEO of GCL Technology, explained at the company's semi-annual performance conference held today, “Currently, the operating rate of the company's granular silicon is between 50% and 60%. The company complies with the requirement that the sales price is not lower than the full cost. The overall price is between 40 yuan and 43 yuan/kg, with a portion of the turnover.” Regarding future market conditions, the company's management said that the current price is in the process of transmission from upstream to downstream. In the long run, the price is likely to stabilize at around 45 yuan/kg.