Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
03800 GCL TECH
RTNominal up1.490 +0.160 (+12.030%)
Others

28/12/2011 17:16

Shunfeng PV inks LoI with GCL-Poly Energy for solar team-up

Shunfeng Photovoltaic (01165) said its wholly-
owned subsidiary Jiangsu Shunfeng has entered into a letter of intent with GCL-Poly
(Suzhou) New Energy Limited, a wholly-owned subsidiary of GCL-Poly Energy (03800), with an
intention to establish a long-term strategic cooperation in the solar industry.
According to the LoI, the term of the cooperation is five years commencing from 1
January 2012 to 31 December 2016. Jiangsu Shunfeng will purchase polysilicon and silicon
wafers within the aforesaid five-year period from GCL-Poly Suzhou; GCL-Poly Suzhou will
purchase solar cells and solar modules within the aforesaid five-year period from Jiangsu
Shunfeng; and Jiangsu Shunfeng and GCL-Poly Suzhou will seek more cooperation
opportunities to make joint investments in the solar industry and other industries in
order to increase their respective market share and achieve capital growth. (HL)

Back to Others

Remark: Real time quote last updated: 22/05/2024 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.