Group 1 - GCL-Poly Energy Holdings Limited's stock price has dropped 5.04% to 2.64 CNY per share, with a trading volume of 319 million CNY and a turnover rate of 2.04%, resulting in a total market capitalization of 15.445 billion CNY [1] - The stock has experienced a continuous decline for four consecutive days, with a cumulative drop of 13.66% during this period [1] - GCL-Poly Energy was established on June 26, 2003, and listed on November 18, 2010, primarily engaged in the research, production, and sales of crystalline silicon solar cells [1] Group 2 - The main revenue composition of GCL-Poly Energy includes 92.38% from modules, 4.61% from system integration packages, 2.27% from battery cells, 0.45% from other sources, and 0.29% from power generation [1] - The top circulating shareholder data indicates that Huatai-PB Fund holds a position in GCL-Poly Energy, with the photovoltaic ETF (515790) reducing its holdings by 1.2635 million shares in the third quarter, now holding 53.2578 million shares, representing 0.91% of circulating shares [2] - The estimated floating loss for the ETF today is approximately 7.4561 million CNY, with a total floating loss of 23.4334 million CNY during the four-day decline [2] Group 3 - The photovoltaic ETF (515790) was established on December 7, 2020, with a current size of 13.976 billion CNY, yielding a return of 29.61% year-to-date, ranking 1485 out of 4208 in its category [2] - Over the past year, the ETF has achieved a return of 15.34%, ranking 2703 out of 3972 in its category, while it has incurred a loss of 1.74% since inception [2]

Core Points - GCL-Poly Energy Holdings Limited's stock dropped by 5.05%, trading at 2.82 CNY per share with a total market capitalization of 16.498 billion CNY as of the report date [1] - The company, established on June 26, 2003, specializes in the research, production, and sales of crystalline silicon solar cells, with its main revenue sources being solar modules (92.38%), system integration packages (4.61%), solar cells (2.27%), and other sources (0.45%) [1] Shareholder Insights - Among the top ten circulating shareholders of GCL-Poly, a fund under Huatai-PB ranked first. The photovoltaic ETF (515790) reduced its holdings by 1.2635 million shares in the third quarter, now holding 53.2578 million shares, which is 0.91% of the circulating shares. The estimated floating loss today is approximately 7.9887 million CNY [2] - The photovoltaic ETF (515790) was established on December 7, 2020, with a current scale of 13.976 billion CNY. Year-to-date returns are 32.42%, ranking 1368 out of 4208 in its category, while the one-year return is 20.43%, ranking 2307 out of 3956 [2] Fund Management - The fund managers of the photovoltaic ETF (515790) are Li Qian and Li Mu Yang. As of the report date, Li Qian has been in position for 6 years and 17 days, managing assets totaling 44.052 billion CNY, with the best fund return during her tenure being 84.41% and the worst being -18.35% [3] - Li Mu Yang has been in position for 4 years and 319 days, managing assets of 29.768 billion CNY, with the best fund return during his tenure being 141.63% and the worst being -37.33% [3]

Group 1 - GCL-Poly Energy Holdings Limited's stock price dropped by 5.1%, reaching 2.98 CNY per share, with a trading volume of 858 million CNY and a turnover rate of 4.83%, resulting in a total market capitalization of 17.434 billion CNY [1] - GCL-Poly Energy was established on June 26, 2003, and listed on November 18, 2010. The company specializes in the research, production, and sales of crystalline silicon solar cells, with its main revenue sources being 92.38% from modules, 4.61% from system integration packages, 2.27% from battery cells, 0.45% from other sources, and 0.29% from power generation [1] Group 2 - The top circulating shareholder of GCL-Poly Energy includes a fund under Huatai-PB Fund Management, which reduced its holdings by 1.2635 million shares in the third quarter, now holding 53.2578 million shares, accounting for 0.91% of circulating shares. The estimated floating loss today is approximately 8.5212 million CNY [2] - The GCL-Poly Energy ETF (515790) was established on December 7, 2020, with a current size of 13.976 billion CNY. Year-to-date returns are 35.87%, ranking 1223 out of 4212 in its category, while the one-year return is 21.05%, ranking 2242 out of 3956. Since inception, the return is 3% [2] Group 3 - The fund managers of the GCL-Poly Energy ETF are Li Qian and Li Mu Yang. As of the report, Li Qian has been in position for 6 years and 16 days, managing assets totaling 44.052 billion CNY, with the best fund return during her tenure being 85.13% and the worst being -18.35%. Li Mu Yang has been in position for 4 years and 318 days, managing assets of 29.768 billion CNY, with the best return of 135.08% and the worst of -36.56% [3]

Core Insights - On November 17, GCL-Poly Energy Holdings Limited experienced a 2.48% decline in stock price with a trading volume of 1.733 billion yuan [1] - The company reported a net financing purchase of approximately 91.4 million yuan on the same day, with a total financing and securities balance of 962 million yuan [1][2] - For the first nine months of 2025, GCL-Poly's revenue was 11.693 billion yuan, a year-on-year decrease of 2.48%, and the net profit attributable to shareholders was -555 million yuan, a significant decline of 777.78% [2] Financing and Securities - On November 17, GCL-Poly had a financing purchase of 237 million yuan, with a current financing balance of 959 million yuan, representing 5.22% of the circulating market value [1] - The financing balance is above the 70th percentile of the past year, indicating a high level of financing activity [1] - The company repaid 425,800 shares in securities lending and sold 341,500 shares, with a total selling amount of approximately 1.0723 million yuan [1] Shareholder Information - As of September 30, 2025, GCL-Poly had 206,200 shareholders, a decrease of 7.60% from the previous period, while the average circulating shares per person increased by 8.22% to 28,345 shares [2] - The company has cumulatively distributed 158 million yuan in dividends since its A-share listing, with no dividends distributed in the past three years [3] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the ninth largest shareholder with 54.4583 million shares, while the photovoltaic ETF (515790) is the tenth largest with 53.2578 million shares, a decrease of 1.2635 million shares from the previous period [3]

Core Points - GCL-Poly Energy has seen a stock price increase of 5.36% on November 14, reaching 3.34 CNY per share, with a trading volume of 1.839 billion CNY and a turnover rate of 9.84%, resulting in a total market capitalization of 19.54 billion CNY [1] - The stock has risen for five consecutive days, accumulating a total increase of 21.46% during this period [1] Company Overview - GCL-Poly Energy Technology Co., Ltd. is located at No. 28, Xinqing Road, Suzhou Industrial Park, Jiangsu Province, and was established on June 26, 2003, with its listing date on November 18, 2010 [1] - The company's main business involves the research, production, and sales of crystalline silicon solar cells, with revenue composition as follows: 92.38% from modules, 4.61% from system integration packages, 2.27% from battery cells, 0.45% from other sources, and 0.29% from power generation [1] Shareholder Information - Among the top ten circulating shareholders of GCL-Poly, a fund under Huatai-PB ranks first [2] - The photovoltaic ETF (515790) reduced its holdings by 1.2635 million shares in the third quarter, now holding 53.2578 million shares, which accounts for 0.91% of the circulating shares [2] - The ETF has generated a floating profit of approximately 9.0538 million CNY today and a total floating profit of 29.8244 million CNY during the five-day increase [2] Fund Manager Performance - The fund manager of the photovoltaic ETF (515790) is Li Qian, with a tenure of 6 years and 12 days, managing a total fund size of 44.052 billion CNY, achieving a best return of 88.03% and a worst return of -18.35% during her tenure [3] - Li Mu Yang, the co-manager, has a tenure of 4 years and 314 days, managing a fund size of 29.856 billion CNY, with a best return of 146.61% and a worst return of -37.05% during his tenure [3]

Core Insights - GCL-Poly Energy has seen a stock price increase of 5.11% on November 13, reaching 3.29 CNY per share, with a trading volume of 1.128 billion CNY and a turnover rate of 6.17%, resulting in a total market capitalization of 19.248 billion CNY. The stock has risen for four consecutive days, accumulating a total increase of 19.92% during this period [1] Company Overview - GCL-Poly Energy Technology Co., Ltd. is located at No. 28, Xinqing Road, Suzhou Industrial Park, Jiangsu Province, and was established on June 26, 2003. The company was listed on November 18, 2010. Its main business involves the research, development, production, and sales of crystalline silicon solar cells [1] - The revenue composition of GCL-Poly includes: 92.38% from modules, 4.61% from system integration packages, 2.27% from battery cells, 0.45% from other sources, and 0.29% from power generation [1] Shareholder Insights - Among the top ten circulating shareholders of GCL-Poly, a fund under Huatai-PB Fund ranks prominently. The photovoltaic ETF (515790) reduced its holdings by 1.2635 million shares in the third quarter, retaining 53.2578 million shares, which accounts for 0.91% of the circulating shares. The estimated floating profit today is approximately 8.5212 million CNY, with a total floating profit of 27.694 million CNY during the four-day increase [2] Fund Manager Performance - The fund manager of the photovoltaic ETF (515790) is Li Qian and Li Mu Yang. As of the report, Li Qian has a cumulative tenure of 6 years and 11 days, managing a total fund size of 44.052 billion CNY, with the best fund return during her tenure being 85.78% and the worst being -18.35% [3] - Li Mu Yang has a cumulative tenure of 4 years and 313 days, managing a total fund size of 29.856 billion CNY, with the best fund return during his tenure being 147.63% and the worst being -34.72% [3]

Core Viewpoint - GCL-Poly Energy has seen a significant increase in stock price and trading volume, indicating strong market interest despite recent financial challenges [1][2]. Group 1: Stock Performance - On November 12, GCL-Poly's stock rose by 5.07%, reaching 3.11 CNY per share, with a trading volume of 1.117 billion CNY and a turnover rate of 6.13%, resulting in a total market capitalization of 18.194 billion CNY [1]. - Year-to-date, GCL-Poly's stock price has increased by 16.48%, with notable gains of 18.70% over the last five trading days, 19.62% over the last 20 days, and 21.01% over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, GCL-Poly reported a revenue of 11.693 billion CNY, a year-on-year decrease of 2.48%, and a net profit attributable to shareholders of -555 million CNY, reflecting a significant year-on-year decline of 777.78% [2]. Group 3: Shareholder Information - As of September 30, 2025, GCL-Poly had 206,200 shareholders, a decrease of 7.60% from the previous period, with an average of 28,345 circulating shares per shareholder, an increase of 8.22% [2]. - The company has distributed a total of 158 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3].

Core Viewpoint - GCL-Poly Energy has seen a significant increase in stock price, with a rise of 8.92% on November 11, reaching 2.93 CNY per share, and a total market capitalization of 17.141 billion CNY [1] Company Performance - GCL-Poly Energy's stock price has increased by 9.74% year-to-date, with a 14.90% rise over the last five and twenty trading days, and a 13.13% increase over the last sixty days [1] - The company reported a revenue of 11.693 billion CNY for the first nine months of 2025, a year-on-year decrease of 2.48%, and a net profit attributable to shareholders of -555 million CNY, a decrease of 777.78% [2] Shareholder Information - As of September 30, 2025, GCL-Poly Energy had 206,200 shareholders, a decrease of 7.60% from the previous period, with an average of 28,345 circulating shares per shareholder, an increase of 8.22% [2] - The company has distributed a total of 158 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3] Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited as the ninth largest shareholder with 54.4583 million shares, and the photovoltaic ETF (515790) as the tenth largest shareholder with 53.2578 million shares, which has decreased by 1.2635 million shares compared to the previous period [3]

Core Viewpoint - GCL-Poly Energy has experienced fluctuations in stock price and trading volume, with a recent increase in share price and notable trading activity, indicating potential investor interest and market dynamics [1][2]. Group 1: Stock Performance - As of November 5, GCL-Poly's stock price rose by 2.35% to 2.61 CNY per share, with a trading volume of 204 million CNY and a turnover rate of 1.35%, resulting in a total market capitalization of 15.269 billion CNY [1]. - Year-to-date, GCL-Poly's stock has decreased by 2.25%, but it has seen a 4.40% increase over the last five trading days, a 2.35% increase over the last 20 days, and a 1.56% increase over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, GCL-Poly reported a revenue of 11.693 billion CNY, a year-on-year decrease of 2.48%, and a net profit attributable to shareholders of -555 million CNY, reflecting a significant year-on-year decline of 777.78% [2]. Group 3: Shareholder Information - As of September 30, 2025, GCL-Poly had 206,200 shareholders, a decrease of 7.60% from the previous period, with an average of 28,345 circulating shares per shareholder, which is an increase of 8.22% [2]. - The company has distributed a total of 158 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]. Group 4: Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders of GCL-Poly include Hong Kong Central Clearing Limited as the ninth largest shareholder with 54.4583 million shares, marking a new entry, and the photovoltaic ETF (515790) as the tenth largest shareholder with 53.2578 million shares, which has decreased by 1.2635 million shares compared to the previous period [3].

Core Viewpoint - GCL-Poly Energy Holdings Limited has experienced fluctuations in stock price and trading volume, with a notable decline in revenue and profit for the year 2025 [1][2]. Group 1: Stock Performance - On November 3, GCL-Poly's stock rose by 2.01%, reaching 2.54 CNY per share, with a trading volume of 170 million CNY and a turnover rate of 1.16%, resulting in a total market capitalization of 14.86 billion CNY [1]. - Year-to-date, GCL-Poly's stock price has decreased by 4.87%, with a 3.67% increase over the last five trading days, no change over the last 20 days, and a 1.55% decline over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent appearance on July 10, where it recorded a net purchase of 144 million CNY [1]. Group 2: Financial Performance - For the period from January to September 2025, GCL-Poly reported a revenue of 11.693 billion CNY, a year-on-year decrease of 2.48%, and a net profit attributable to shareholders of -555 million CNY, representing a significant year-on-year decline of 777.78% [2]. - Cumulatively, GCL-Poly has distributed 158 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, GCL-Poly had 206,200 shareholders, a decrease of 7.60% from the previous period, with an average of 28,345 circulating shares per shareholder, an increase of 8.22% [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the ninth largest, holding 54.458 million shares as a new shareholder, while the photovoltaic ETF (515790) is the tenth largest, holding 53.258 million shares, a decrease of 1.2635 million shares from the previous period [3].