Recently, GCL Technology (03800.HK) announced the launch of a comprehensive and in-depth strategic transformation and upgrade, with the company aiming to evolve from a market leader in granular silicon into a global multi-product new energy materials platform.

In terms of specific business implementation and new industry support, lithium iron phosphate (LFP) will serve as GCL Technology’s core growth engine. The company will adopt the physical iron oxide method, a green manufacturing process characterized by a streamlined workflow, low investment, low costs, low energy consumption, and zero emissions. Its fourth-generation and later products demonstrate significant comprehensive advantages over traditional lithium iron phosphate processes in key metrics such as packing density, capacity, and voltage platform, establishing a differentiated green, low-carbon —low-cost—high-quality three-in-one differentiated moat.

Recently, Lan Tianshi, Co-CEO of GCL Technology, explained in an interview with reporters that the company’s iron oxide method one-step process offers significant advantages in elemental utilization and cost compared to mainstream two-step processes and ammonia/sodium methods. In particular, by optimizing elemental acquisition pathways through a chemical engineering approach, production costs have been substantially reduced. It is worth noting that GCL has recently launched its fifth-generation lithium iron phosphate material, with energy density increased to over 205 Wh/kg. The target for the next generation is 220–240 Wh/kg, gradually approaching the level of ternary lithium batteries.