On the evening of December 1, the Securities Daily learned that after the banks involved in the syndicate completed the approval of their respective loan lines, GCL poly held the signing meeting of the syndicate of Xinjiang polysilicon project loan in Nanjing, Jiangsu Province on November 29. After discussion by all participants, the meeting confirmed that the syndicate of poly-gcl's 2.5 billion yuan project loan for polysilicon in Xinjiang has been established, and clarified the withdrawal conditions, loan purpose, loan term and other offers of the syndicated loan. This shows that the loan will soon enter the formal lending process.
The meeting was hosted by GCL Xinjiang new energy materials technology Co., Ltd., a subsidiary of GCL poly. Xuzhou branch of Bank of Jiangsu, Changji branch of Agricultural Bank of China, Jiangsu Branch of financial business department of China Minsheng Bank Group, Urumqi branch of Industrial Bank, Beijing Jindu (Nanjing) law firm and other institutions jointly attended the meeting and signed the contract.
According to the introduction, the first phase of 40000 tons of polysilicon production device project of Xinjiang GCL New Energy Materials Technology Co., Ltd. is a high-quality manufacturing of large-scale clean production technology with GCL method, which is the industry-leading and independently developed by GCL. It also has the advantages of low electricity price in Zhundong, Xinjiang. It is absolutely in the leading position in the industry in terms of talent, technology, cost and quality.
At the meeting, Xinjiang GCL New Energy Materials Technology Co., Ltd. signed a 2.5 billion yuan syndicated loan document with each participating bank of the syndicate. In line with the principle of "supporting the best and strengthening the strong, win-win cooperation", all parties have made clear the loan amount, loan purpose, withdrawal conditions, term and repayment of the syndicated loan.
In the dialogue and exchange before the signing ceremony, four banks participating in the syndicate said that the loan to Xinjiang GCL polysilicon project was made in the form of syndicate, mainly based on the project as the world's leading high-efficiency photovoltaic material R & D and manufacturer, poly GCL, the leading polysilicon enterprise, relying on the independently developed new technology, new process, talent, management, market and other industry advantages Develop and construct new low-cost and high-quality polysilicon projects. At the same time, poly-gcl's polysilicon project in Xinjiang is also one of the major projects and new energy boutique projects that GCL helps Jiangsu industry to aid Xinjiang. The theme of the project is to help Xinjiang with science and technology and green development, integrate into the modern industrial system with Xinjiang characteristics, transform the national policy advantage, Xinjiang resource advantage and GCL industrial advantage to the regional economic advantage and new momentum of high-quality development, and realize the mutually beneficial cooperation, sharing and win-win between industrial assistance and industrial development.
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