TCL Zhonghuan announced that it has successfully transferred 27% of its equity in Xinjiang Gones to Guotong Trust Co., Ltd., a subsidiary of Wuhan Financial Holdings (Group) Co., Ltd., and received a transfer payment of 697 million yuan. According to the agreement, TCL Zhonghuan still retains the corresponding shareholder rights until the completion of the commercial change registration. The company is actively advancing dividend matters and will soon complete the relevant commercial change registration procedures.
Xinjiang Gones' business scope includes research, production, and sales of polysilicon, monocrystalline silicon, as well as engineering consulting and project development related to the photovoltaic industry. The main shareholders of the company and their respective shareholding ratios are as follows: Jiangsu Zhongneng Silicon Industry Technology Development Co., Ltd. with a 38.5% stake, Xuzhou Zhongping Axin Industry Upgrading Equity Investment Fund (Limited Partnership) with a 34.5% stake, and TCL Zhonghuan with a 27% stake.
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