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The "Polysilicon Capacity Consolidation Platform" is Officially Established with Participation from 10 Leading Companies in Joint Construction
2025-12-10

On December 9, 2025, Beijing Guanghe Qiancheng Technology Co., Ltd. was officially registered and established with a registered capital of 3 billion yuan, sparking widespread attention in the photovoltaic industry. The market generally views it as the long-rumored "polysilicon storage platform."

Business registration information shows that the new company's operations cover technical services, technology development, technology consulting, technology exchange, technology transfer, technology promotion, and enterprise management consulting. It will focus on potential strategic collaborations in industry technology upgrades, market expansion, and capacity and cost optimization. Since May of 2025, market rumors have suggested that leading silicon material companies in China plan to jointly acquire capacity from other enterprises and reduce production to stabilize prices. Regarding whether this company is the long-anticipated polysilicon capacity consolidation platform, the informed source did not provide a clear response. However, according to Caixin reports, a senior executive from a leading silicon material company confirmed the accuracy of this news.

According to Qichacha shareholder information, the top ten shareholders include Tongwei, GCL, Dongfang Hope, Daquan, Xinte, Asia Silicon, Qinghai Lihao, and other enterprises. Among them, Tongwei is the largest shareholder, holding a 30.35% stake.

As of the close on December 9, the stock prices of multiple upstream photovoltaic companies rose. Among them, Daquan Energy (SH688303) rose by 5.93%, Tongwei Shares (SH600438) rose by 3.61%, Hesheng Silicon Industry (SH603260) rose by 2.51%, GCL (HK03800) rose by 1.74%, and Xinte Energy (HK01799) rose by 0.81%.


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