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/PRNewswire/ -- GCL System Integration Technology Co., Ltd. ("GCLSI" or "the Company") (Shenzhen:002506), a leading photovoltaics (PV) company in China,...
/PRNewswire/ -- GCL System Integration Technology Co., Ltd. ("GCLSI" or "the Company") (Shenzhen:002506), a leading photovoltaics (PV) company in China,...
Share this article Share this article SUZHOU, China, Jan. 26, 2021 /PRNewswire/ -- GCL System Integration Technology Co. Ltd ("GCLSI " or "the Company")(Shenzhen:002506), a leading photovoltaics(PV) company in China, announced on January 21 that it successfully raised 2.5 billion yuan ($US386 million) through a private placement offering, which will accelerate the implementation of the Company's "dual-core business(photovoltaic and semiconductor)" strategy. In a report on non-public issuance of shares disclosed by GCLSI on January 21, it shows the Company issued 773,230,764 A-shares at a price of 3.25 yuan (50 cents) per share in a non-public offering, with a total amount of 2.513 billion yuan ($US386 million) raised. After the completion of this non-public issuance of shares, the Company's total assets and net assets will increase and debt-to-asset ratio will decrease, which will help reduce the company's financial risks therefore enhancing the company's ability to resist risks, optimize the company's financial structure, and provide a guarantee for the company's sustainable development.
27 gennaio 2021 06:45 Fonte: Adnkronos #energia SUZHOU, China, Jan. 27, 2021 /PRNewswire/ -- GCL System Integration Technology Co. Ltd ("GCLSI " or "the Company")(Shenzhen:002506), a leading photovoltaics(PV) company in China, announced on January 21 that it successfully raised 2.5 billion yuan ($US386 million) through a private placement offering, which will accelerate the implementation of the Company's "dual-core business(photovoltaic and semiconductor)" strategy. In a report on non-public issuance of shares disclosed by GCLSI on January 21, it shows the Company issued 773,230,764 A-shares at a price of 3.25 yuan (50 cents) per share in a non-public offering, with a total amount of 2.513 billion yuan ($US386 million) raised. After the completion of this non-public issuance of shares, the Company's total assets and net assets will increase and debt-to-asset ratio will decrease, which will help reduce the company's financial risks therefore enhancing the company's ability to resist risks, optimize the company's financial structure, and provide a guarantee for the company's sustainable development.
(1) BEIJING, Jan. 6, 2021 /PRNewswire/ -- GCL System Integration (GCLSI) will further expand its presence in the new energy industry as the Chinese authorities have rolled out a series of favorable policies for development of the industry. With the aid of these policies, GCLSI has accelerated its expansion on the domestic market and put a number of new energy projects into production. In early December, GCLSI launched a production base for photovoltaic (PV) modules in Hefei, capital of east China'sAnhui Province. With a total investment of 18 billion yuan (about 2.75 billion U.S. dollars), the production base will be built in four stages between 2020 and 2023, with the first 15GW capacity under construction now.