GCL TECH's first quarter EBITDA for its photovoltaic materials business segment is approximately 564 million yuan.

date
20:09 21/04/2026
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GMT Eight
Xinxi Technology (03800) announced that from January 1, 2026 to March 31, 2026, the unaudited adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) of the photovoltaic materials business division is approximately RMB 564 million. The average selling price of polysilicon is about RMB 44.04 per kg, with an average production cash cost (including research and development, technological upgrades, and continuous system upgrades) of about RMB 25.37 per kg, maintaining a leading position in the industry. In the first quarter of 2026, the photovoltaic industry was affected by seasonal and global holidays, but market demand began to recover in March. The company continues to improve product quality, reduce costs, significantly increase production rates, and has returned to the level of the same period in previous years, with promising prospects for the future.
GCL TECH (03800) announced that from January 1, 2026 to March 31, 2026, the unaudited and adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) of the company's photovoltaic materials business division is approximately 564 million RMB. The average selling price of the company's polysilicon is approximately 44.04 RMB/kg, with an average production cash cost (including research and development, technological upgrading, and continuous system upgrades) of approximately 25.37 RMB/kg, maintaining a leading level in the industry. The photovoltaic industry experienced seasonal and global holiday impacts in the first quarter of 2026, but as the market warmed up in March, the company continued to improve product quality, reduce costs, significantly increase production capacity, returning to levels similar to the same period in previous years. The future looks promising.