Industry Revenues:

• Photovoltaic Modules: approx. 60%
• Solar Cells: approx. 25%
• Other renewable energies and services: approx. 15%

TOP 3 Markets:

• China: approx. 45%
• USA: approx. 25%
• Europe: approx. 20%

GCL System Integration Technology Co., Ltd. generates the majority of its revenues from the manufacturing and sale of photovoltaic modules and solar cells. These products are essential for solar energy generation and form the core business of the company.

The Chinese market is the largest single market for the company, driven by strong demand for renewable energies in China. The USA and Europe follow as significant markets, also showing high demand for solar energy systems.

Production Sites: China (main production site), Vietnam, Malaysia

GCL System Integration Technology Co., Ltd. is a leading provider of photovoltaic products and has its production facilities mainly in China. In order to diversify production capacities and benefit from lower production costs and trade advantages, the company has also established production sites in Vietnam and Malaysia.

This strategic distribution of production sites enables GCL to react more flexibly to market demands and to bypass potential trade barriers.

Strategy for Future Growth: Diversification and Technology Leadership

GCL System Integration Technology Co., Ltd. focuses on diversifying its product range and strengthening its position as a technology leader in the field of renewable energies.

The company is heavily investing in research and development to develop innovative solar technologies and expand its production capacities. Another focus is on tapping into new markets, especially in regions with growing demand for sustainable energy solutions.

In addition, GCL is pursuing a strategy of vertical integration to increase efficiency and reduce costs. This includes both the production of photovoltaic modules and the development of energy storage solutions to provide a comprehensive offering for customers.

Main raw materials: Polysilicon, silicon wafers

Countries of origin: China, USA, Germany, Malaysia

GCL System Integration Technology Co., Ltd. mainly imports polysilicon and silicon wafers, which are essential for the production of solar modules. China is the largest producer of polysilicon, and a significant portion of imports comes from domestic sources. Additionally, the company also sources materials from the USA and Germany, known for their high-quality silicon products. Malaysia is also an important supplier, especially for the processing and refinement of silicon wafers.

This diversification in sourcing helps the company ensure supply security and optimize production costs.

Market share: 8% (estimated for 2026)
Research & Development (R&D) expenses: 5% of revenue (2025)
Production capacity: 20 GW (2025)

GCL System Integration Technology Co., Ltd. has a significant competitive advantage due to its strong production capacity and investments in research and development. With a production capacity of 20 GW, the company is one of the leading providers in the solar industry, enabling it to benefit from economies of scale and reduce costs per unit.

The ongoing investments in R&D, accounting for approximately 5% of revenue, demonstrate the company's commitment to developing innovative technologies and improving the efficiency of its products. This strengthens its position in the market and allows it to stand out from competitors.

In addition, GCL System Integration benefits from strategic partnerships and a strong presence in key growth markets, further solidifying its competitive position. However, the market remains dynamic, and the company must continuously adapt to maintain its advantages.

Institutional Investor Share: Estimated at about 25% (2026)

Insider Buys/Sells: No significant transactions in the last year (2026)

The institutional investor share in GCL System Integration Technology Co., Ltd. is estimated at about 25%. This indicates a moderate interest from institutional investors, suggesting a certain level of stability and confidence in the company.

In 2026, there were no significant insider transactions, indicating that the management and other insiders are currently not making any significant changes to their involvement in the company. This could be seen as a sign of stable internal confidence in the company's future development.

Market share of GCL System Integration Technology Co., Ltd.: 5% (estimated for 2026)

Top competitors and their market shares:

1. LONGi Green Energy Technology Co., Ltd.: 15%
2. JA Solar Technology Co., Ltd.: 12%
3. Trina Solar Limited: 10%
4. JinkoSolar Holding Co., Ltd.: 9%
5. Canadian Solar Inc.: 8%
6. First Solar, Inc.: 6%
7. GCL System Integration Technology Co., Ltd.: 5%
8. Risen Energy Co., Ltd.: 4%
9. Hanwha Q CELLS Co., Ltd.: 3%
10. Talesun Solar Technologies Co., Ltd.: 3%

Moat of GCL System Integration Technology Co., Ltd.:

GCL System Integration Technology Co., Ltd. has a moderate moat, mainly attributed to its vertical integration and cost efficiency. The company benefits from its ability to cover the entire value chain from polysilicon production to module manufacturing. This enables GCL to offer competitive prices and to flexibly respond to market changes.

Compared to major competitors like LONGi Green Energy and JA Solar, which also demonstrate strong vertical integrations and technological innovations, GCL's moat is less pronounced. These companies have a stronger competitive advantage due to their advanced technologies and larger production capacities.

Overall, GCL System Integration Technology Co., Ltd. has a significant but not dominant moat compared to its competitors. The competitive advantage could be further enhanced through increased investments in research and development as well as strategic partnerships.

Revenue Growth: 18% (2025) Profit Growth: 14% (2025) Market Share in the Solar Sector: 10% (2025)

GCL System Integration Technology Co., Ltd. recorded a revenue growth of 18% in 2025, attributed to strong demand for solar modules and successful expansion into new markets. The company has expanded its production capacities to meet the increasing demand and continuously invests in research and development to enhance its product range.

GCL's market share in the global solar sector is approximately 10%, making the company one of the leading providers in the industry. This position enables GCL to benefit from the global trends towards renewable energy.

Analysts see further growth potential, especially through tapping into new markets and introducing innovative technologies. The long-term outlook for the solar sector is positive, positioning GCL advantageously to capitalize on these trends.

Dividend payment: No dividend (2026)

GCL System Integration Technology Co., Ltd. has not paid any dividends in recent years. The company has focused on reinvesting its profits into the business to strengthen its market position in the renewable energy sector and expand its production capacities.

The reliability of dividend payment is therefore not guaranteed, as the company currently does not have a dividend policy that provides for regular payouts to shareholders. Investors should focus on the company's growth potential and strategic initiatives rather than dividend yields.