GCL Technology (HKG:3800) renewed a procurement framework agreement with its associate Henan GCL Silicon-based New Material, according to a Hong Kong bourse filing Monday.
Shares of the solar materials maker gained nearly 1% in morning trade Tuesday.
Under the renewal, Henan GCL will continue supplying raw material for the production of mono-silicon crystals to GCL Technology.
The agreement will last until Dec. 31, 2026, and has an upper cap of 46.9 million yuan.
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