The polysilicon industry promotes "anti-involution" by establishing a capacity acquisition platform

AASTOCKS
2025.12.10 10:15

According to the Securities Times, Beijing Guanghe Qiancheng Technology Co., Ltd. (Guanghe Qiancheng) was officially registered and established yesterday (9th), which is viewed by the industry as a long-awaited platform for the integration and acquisition of polysilicon production capacity.

The Securities Times quoted informed sources stating that Guanghe Qiancheng mainly explores potential strategic cooperation opportunities within the industry for enterprises, such as technology upgrades, market expansion, capacity and cost optimization. However, the source did not provide a clear response regarding whether the company is indeed the long-awaited polysilicon storage platform.

According to information from Qichacha, the shareholder structure of Guanghe Qiancheng shows that the largest shareholder is Tongwei Photovoltaic Technology (Emeishan) Co., Ltd., holding a 30.35% stake; the second largest shareholder is GCL-Poly Energy Consulting Services (Suzhou) Co., Ltd., holding a 16.79% stake; Shanghai Dongfang Hope New Energy Technology Co., Ltd., Daqo New Energy, and Xinte Energy (01799.HK) hold 11.3%, 11.13%, and 10.12% respectively.

Other shareholders of Guanghe Qiancheng hold less than 10%, including Asia Silicon, Qinghai Lihau, Beijing Zhongguang Tonghe Energy Technology Co., Ltd., Xinjiang Gones, and Qinghai South Glass. It is worth mentioning that Beijing Zhongguang Tonghe Energy Technology Co., Ltd. is wholly owned by the China Photovoltaic Industry Association, and the company was established on September 10, 2025.

It is reported that Guanghe Qiancheng's business scope includes: technical services, technology development, technical consulting, technical exchanges, technology transfer, technology promotion; enterprise management consulting. Information disclosed by the relevant platform shows that the chairman of Guanghe Qiancheng is Qian Cheng, and the manager is Hou Yicong, along with several directors, supervisors, and financial responsible persons

Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
© 2025 Longbridge｜Disclaimer