GCL TECH(HK:03800) 智通财经网·2025-09-16 00:36Group 1 - The company, GCL-Poly Energy Holdings Limited, has entered into a subscription agreement to issue a total of 4.736 billion shares at a subscription price of HKD 1.15 per share, which represents a discount of approximately 8.73% compared to the last closing price of HKD 1.26 [1][2] - The total proceeds from the subscription are expected to be approximately HKD 5.446 billion, with a net amount of about HKD 5.392 billion after deducting related fees and expenses [2] - The net proceeds will be allocated as follows: 65% for supply-side reform and structural adjustments in polysilicon production, enhancing the company's capacity in silane gas, and optimizing capital structure; 35% for general working capital and repayment of existing loans [2] Group 2 - The subscription shares represent approximately 16.63% of the company's existing issued share capital as of the announcement date, and about 14.26% of the enlarged issued share capital post-issuance [2]