协鑫光电再获近2亿元融资，协鑫集团“第五子”加快资本布局

Core Viewpoint - GCL-Poly's subsidiary, GCL-Poly Solar, has completed nearly 200 million C+ round financing to support the construction and technological advancements of its GW-level perovskite production base in Kunshan [4][5] Group 1: Financing and Investment - GCL-Poly Solar has raised a total of nearly 700 million in its C round of financing, following a previous 500 million in the C1 round [4][5] - The latest financing round was led by Cinda Asset and Sequoia Capital, indicating strong investor interest in perovskite solar technology [4] Group 2: Technological Advancements - GCL-Poly Solar focuses on the research, development, and mass production of large-area perovskite photovoltaic modules, aiming for industrialization of perovskite solar technology [4] - The company has achieved a global leading efficiency of 29.51% for its latest stacked perovskite modules, passing international aging tests [4] Group 3: Market Challenges - Despite the advantages of perovskite solar cells, challenges remain in stability and efficiency during large-scale production, particularly regarding long-term durability [5] - The production costs of perovskite solar cells are still higher compared to traditional silicon solar modules, although initial cost reduction efforts have been made [5] Group 4: IPO Plans - GCL-Poly Solar plans to complete an IPO within the year, which, if successful, would make it the first publicly listed company in the perovskite sector [5][10] Group 5: GCL-Poly Group Overview - GCL-Poly Group, founded in 1990, operates multiple subsidiaries across the renewable energy sector, including solar power and hydrogen energy [6] - The group has four listed companies, with GCL-Poly Technology being a leader in photovoltaic silicon materials [6] Group 6: Financial Performance - GCL-Poly Technology reported a significant revenue decline of 55.20% in 2024, with a net loss of 47.50 billion, marking a drastic drop from the previous year's profit [7] - GCL-Poly Integrated achieved a slight revenue increase of 1.70% in 2024 but is expected to report losses in the first half of 2025 due to market pressures [7][8] Group 7: Industry Context - The photovoltaic industry is currently facing an adjustment period, with cash flow being critical for companies, especially those experiencing significant losses [10]