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Milestones

2009

December

In December 2009, GCL 20MW PV power station in Xuzhou generally contracted by GCL Engineering Limited was put into operation and it is the largest ground PV power station in service in China.

In December 2009, 3MW rooftop PV power generation system in Funing, Yancheng generally contracted by GCL Engineering Limited was connected to the grid and it is the largest rooftop PV power station in service in China.

August

In August 2009, GCL-Poly (3800.HK) announced the successful placement of 1.3 billion new shares at HK$ 2.83 per share to raise HK$ 3.68 billion. It would further strengthen capital liabilities structure to make room for new business development.

July

In July 2009, GCL-Poly (3800.HK) successfully acquired 100% equity of Jiangsu Zhongneng with acquisition price of HK$ 26.35 billion.