Xinjiang GCL New Energy Technology Technology
GCL-Poly generates another $349m towards paying down debt
The polysilicon maker has turned a quick $160 million profit from the sale of its stake in a fund it paid $189 million to establish just five months ago. The heavily indebted manufacturer needs to raise funds to pay for its production capacity expenditure.
Sep 9, 2019 // Manufacturing News, Markets & Finance News, polysilicon, Jiangsu Zhongneng Polysilicon Technology Development Co Ltd, GCL-Poly, Xinjiang GCL New Energy Technology Technology, Energy Holdings Ltd, Hua Neng Group Hong Kong Ltd
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