GCL Technology Units Enter Wafer, Silicon Material Supply Deals With Affiliate

MT Newswires Live03-09

GCL Technology (HKG:3800) said its units entered into agreements to sell wafers and silicon material products to GCL System Integration Technology, according to a March 6 Hong Kong bourse filing.

The company's shares were down nearly 3% in Monday morning trade.

Under a 2026 wafer sale agreement, unit GCL Technology Suzhou will sell wafers to GCL System Integration through Dec. 31, with total sales capped at 300 million yuan.

Separately, Jiangsu Zhongneng, another unit of the company, entered into a 2026 silicon material products sale agreement with GCL System Integration (Suzhou) to supply silicon material products through Dec. 31, also capped at 300 million yuan.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2618190786?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-09 12:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2618190786","market":"nz","top_or_hot":-1,"title":"GCL Technology Units Enter Wafer, Silicon Material Supply Deals With Affiliate","media":"MT Newswires Live","content":"<html><body><p> GCL Technology (HKG:3800) said its units entered into agreements to sell wafers and silicon material products to GCL System Integration Technology, according to a March 6 Hong Kong bourse filing.</p><p>The company's shares were down nearly 3% in Monday morning trade.</p><p>Under a 2026 wafer sale agreement, unit GCL Technology Suzhou will sell wafers to GCL System Integration through Dec. 31, with total sales capped at 300 million yuan.</p><p>Separately, Jiangsu Zhongneng, another unit of the company, entered into a 2026 silicon material products sale agreement with GCL System Integration (Suzhou) to supply silicon material products through Dec. 31, also capped at 300 million yuan.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GCL Technology Units Enter Wafer, Silicon Material Supply Deals With Affiliate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGCL Technology Units Enter Wafer, Silicon Material Supply Deals With Affiliate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-03-09 12:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> GCL Technology (HKG:3800) said its units entered into agreements to sell wafers and silicon material products to GCL System Integration Technology, according to a March 6 Hong Kong bourse filing.</p><p>The company's shares were down nearly 3% in Monday morning trade.</p><p>Under a 2026 wafer sale agreement, unit GCL Technology Suzhou will sell wafers to GCL System Integration through Dec. 31, with total sales capped at 300 million yuan.</p><p>Separately, Jiangsu Zhongneng, another unit of the company, entered into a 2026 silicon material products sale agreement with GCL System Integration (Suzhou) to supply silicon material products through Dec. 31, also capped at 300 million yuan.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GCL","symbol_name":"GCL GLOBAL HOLDINGS LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2618190786","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618190786","pubTimestamp":1773029805,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"GCL Technology  said its units entered into agreements to sell wafers and silicon material products to GCL System Integration Technology, according to a March 6 Hong Kong bourse filing.The company's shares were down nearly 3% in Monday morning trade.Under a 2026 wafer sale agreement, unit GCL Technology Suzhou will sell wafers to GCL System Integration through Dec. 31, with total sales capped at 300 million yuan.Separately, Jiangsu Zhongneng, another unit of the company, entered into a 2026 silicon material products sale agreement with GCL System Integration  to supply silicon material products through Dec. 31, also capped at 300 million yuan.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GCL":"GCL GLOBAL HOLDINGS LTD","BK1594":"碳中和概念股","BK1169":"半导体设备","BK1610":"ETF&股票定投概念","BK1554":"光伏太阳能股","03800":"协鑫科技","SG9999014674.SGD":"Nikko AM All China Equity A SGD","BK4085":"互动家庭娱乐"},"translate_title":"协鑫科技子公司与附属公司达成晶圆、硅材料供应协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03800":1,"GCL":1.5},"content_text":"GCL Technology (HKG:3800) said its units entered into agreements to sell wafers and silicon material products to GCL System Integration Technology, according to a March 6 Hong Kong bourse filing.The company's shares were down nearly 3% in Monday morning trade.Under a 2026 wafer sale agreement, unit GCL Technology Suzhou will sell wafers to GCL System Integration through Dec. 31, with total sales capped at 300 million yuan.Separately, Jiangsu Zhongneng, another unit of the company, entered into a 2026 silicon material products sale agreement with GCL System Integration (Suzhou) to supply silicon material products through Dec. 31, also capped at 300 million yuan.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2618190786","isCrawlerRequest":true}