According to the Zhitong Finance APP, GCL Technology Holdings (03800) announced its annual results for the year ended December 31, 2025. During the reporting period, the group recorded revenue of RMB 14.425 billion, while gross profit reached RMB 1.336 billion, turning positive year-on-year.

In the photovoltaic silicon materials sector, the high-purity, low-carbon granular silicon production technology spearheaded by GCL Technology achieved another breakthrough in product quality. More than 95% of products recorded total metallic impurities of five elements at ≤0.5ppbw, perfectly meeting the requirements of high-efficiency N-type photovoltaic cells. The company also received a Life Cycle Assessment Verification Statement issued by the internationally authoritative certification body British Standards Institution (BSI). The “cradle-to-gate” carbon footprint of its granular silicon products was certified at only 14.2756kg CO₂e/kg, setting a new benchmark for low-carbon production in silicon-based materials.

Against the backdrop of widespread pressure across the industry, granular silicon has become the preferred choice of leading customers due to its advantages in low carbon emissions, low cost, and high quality. It has become GCL Technology’s core business for weathering industry cycles and stabilizing cash flow, providing solid support for the company’s transformation.

In June 2025, the world’s first GW-scale perovskite industrial base officially commenced operations in Kunshan, marking the complete transition of the technology from laboratory research to commercial production. In October 2025, the company completed the world’s first 500MW tandem module production line, with mass-production efficiency of its 2.76㎡ full-size modules steadily surpassing 27%, securing its leading position in the world’s largest mass-produced commercial perovskite products.

Supported by aging tests three times stricter than industry standards and the world’s first dual IEC certification, the group strengthened its quality foundation and fully completed the “last mile” toward commercial application.

More significantly, GCL’s perovskite technology has embarked on its “journey to space.” Leveraging the Zhuque-2 Y3 launch vehicle, the group successfully completed the world’s first in-orbit space experiment for perovskite technology, verifying its exceptional stability under extreme cosmic conditions.

Building on this achievement, the group has officially launched its “Three-Step Space Strategy”: deepening deep-space endurance testing in 2026, achieving mass production of space-specific modules between 2027 and 2028, and striving to become the “standard power source” for Chinese spacecraft. From terrestrial green electricity to deep-space energy, GCL is deploying disruptive technologies to propel clean energy toward the stars and beyond.