On March 24, GCL Integration announced that the total amount of funds to be raised from the issuance to specific objects is expected to be no more than RMB 600,000.00 million (including the principal amount). The net amount of funds raised after deducting the issuance expenses will be used for the following projects: (i) Wuhu GCL 20GW (Phase II 10GW) high-efficiency battery cell project will be implemented by its wholly-owned subsidiary Wuhu GCL Integration New Materials Technology Development Co., Ltd....[View original text]
Reference address:GCL Integration raises 6 billion yuan to invest in TOPCon battery and energy storage system projects
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