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Goldman Sachs Organised an Investor Visit at GCL-Poly’s Solar Production Base in Xuzhou

published: 2011-08-04 14:56

Goldman Sachs organised an investor visit at GCL-Poly Energy Holdings Limited (“GCL-Poly”, stock code: 3800.HK) production base in Xuzhou. A group of about 50 investors visited GCL-Poly‟s plants in Xuzhou. This visit was accompanied by Mr. Li Junfeng, Deputy Director of Energy Research Institute of the National Development and Reform Commission, and Mr. Shu Hua, Executive Director and President of GCL-Poly‟s solar business.

Xuzhouis the most important production base of GCL-Poly‟s solar business. The investors visited Jiangsu Zhongneng Polysilicon, Xuzhou Wafer and solar farm which are subsidiaries of GCL-Poly. They studied in details the production processes and manufacturing techniques as regards to the outstanding achievements in the area of innovation and reduction in energy consumption.

Mr. Li Junfeng, Deputy Director of Energy Research Institute of the National Development and Reform Commission, said “GCL-Poly has developed into a global leading photovoltaic enterprise through technological innovation in just a few years. Through the introduction of internationally advanced equipment and technology and followed by integration and reconstruction, GCL-Poly is able to develop its own technologies with intellectual property rights, and achieve the „green‟polysilicon production with Chinese characteristics. Other enterprises should learn from GCL-Poly.”

Investment analysts regarded this site visit would help them to have a deeper understanding of GCL-Poly‟s business and a clearer picture of the current market situation as well as its future development. This further strengthens their investment beliefs.

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