GCL TECH (03800) clarifies that the profit statement for August and September is not an annual forecast, but is based solely on the trend of polysilicon prices and disclosed data.
United PV Technology (03800) announced that the release of the notice aims to clarify the online media report titled "C...".
GCL TECH(03800) announces to clarify the article titled "Chinas GCL expects more information soon on polysilicon restructuring" published in online media on September 1, 2025.
The company hereby clarifies that the statement made by Mr. Yang Wenzhong, Executive Director of the company, during the investor update conference call on August 31, 2025, regarding the group's performance for the first half of 2025 and the recent market outlook, that "the group may record profits in August and September 2025." This statement was made by Mr. Yang in response to the observed rising trend in polysilicon prices in the market, and if this trend continues, the company may achieve profits in August and September 2025. Mr. Yang and the members of the company's investor relations team attending the conference call only referenced operational data and figures disclosed in the company's interim performance announcement for the six months ended June 30, 2025, dated August 29, 2025.
The company hereby clarifies that the statement regarding the group's profits is not based on any revenue or profit forecast for the company's fiscal year 2025. Shareholders and potential investors are reminded not to interpret this statement as a profit forecast.
Related Articles

US Stock Market Move | Announced a plan to increase up to $750 million, Rocket Lab (RKLB.US) fell over 10%.

US Stock Market Move | Trip.com Group Ltd. Sponsored ADR (TCOM.US) rose more than 2% as the "double festival" approaches, and the tourism market continues to heat up.

US Stock Market Move | Crude oil sector rises, Occidental Petroleum Corporation (OXY.US) surges over 3.6%
US Stock Market Move | Announced a plan to increase up to $750 million, Rocket Lab (RKLB.US) fell over 10%.

US Stock Market Move | Trip.com Group Ltd. Sponsored ADR (TCOM.US) rose more than 2% as the "double festival" approaches, and the tourism market continues to heat up.

US Stock Market Move | Crude oil sector rises, Occidental Petroleum Corporation (OXY.US) surges over 3.6%
