Source: The specific details of the debt-driven acquisition of the polycrystalline silicon platform company are still under discussion.

Reporters learned from informed sources that the highly anticipated polysilicon restructuring "consortium" platform is currently in the planning stage, with specific details of the acquisition plan still under discussion. It is reported that the current plan is to establish a fund of around 70 billion yuan, and after discussions, it will adopt a leverage-based approach of using tens of billions of funds to leverage the 700 billion yuan acquisition. In May of this year, several leading polysilicon companies planned to initiate mergers and reorganizations; and recently, on October 28th, the chairman of the silicon material leading enterprise GCL Group, Mr. Zhu Gongshan, stated that 17 leading companies have basically agreed to form a consortium, with a completion target set for 2025.