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MY'STORY

The MOVE Fire

This is a personal recollection on the Move fire on May 13, 1985 Philadelphia police fired thousands of rounds at the MOVE house, city officials approved dropping an explosive device on the roof, the resulting fire was allowed to burn, 11 people—including five children—died, and 61 homes were destroyed. Philadelphia City Council later called it a “brutal attack carried out by the City of Philadelphia on its own citizens” and acknowledged that no individual faced criminal consequences for the bombing. One timeline correction worth preserving for the BHP record: the major previous MOVE-police confrontation was August 8, 1978, about seven years before the bombing, not a year or two earlier. Officer James Ramp was killed, other police and firefighters were wounded, nine MOVE members were later convicted, and television cameras recorded police beating Delbert Africa during his arrest. The 1985 MOVE Commission later specifically criticized city planners for failing to adequately use lessons from that 1978 confrontation. And that actually strengthens the point you’re making: 1985 did not happen without precedent or institutional memory. There had already been a deadly confrontation with MOVE, years of conflict, negotiations and police involvement before Osage Avenue.

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BLACK FACTS
The Truths They Never Taught You...

The Violence That Helped Spark the NAACP

In August 1908, a white mob attacked Springfield, Illinois’s Black community, destroying homes and businesses and lynching two Black men. National outrage over the violence helped spur the movement that created the NAACP the following year.

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Wikipedia

GCL-Poly

GCL-Poly
保利协鑫能源控股有限公司
TypeLimited
SEHK: 3800
IndustryIndustrials
Industrial engineering
New energy materials
Founded1996; 30 years ago (1996)
Headquarters,
Cayman Islands
Area served
Worldwide
Key peopleZhu Gong Shan
ParentGolden Concord Group Limited
Websitewww.gcl-poly.com.hk
GCL-Poly
Simplified Chinese保利协鑫能源控股有限公司
Traditional Chinese保利協鑫能源控股有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinBǎolì Xié Xīn Néngyuán Kònggǔ Yǒuxiàn Gōngsī

GCL-Poly, founded in 1996, is a subsidiary of Golden Concord Group Limited (GCL), a green energy supplier in China, providing power and heat via cogeneration, incineration and wind power. As of 2009 it was the largest supplier of polysilicon in China,[1] and is also a supplier of electronic wafers for the solar industry.[2]

History

[edit]

GCL-Poly listed at the Hong Kong Stock Exchange in 2007. The IPO price range was 3.3 to HK $4.1, raising up to 1.181 billion yuan.[3]

In November 2009, China Investment Corporation (CIC) bought a HK$5.5 billion ($710 million) minority stake in GCL-Poly.[1]

On February 14, 2014, GCL-Poly implement Subscription Rosenthal Group 360,000,000 new shares at a price of four yuan per share, a discount of 70.37% compared with before the suspension. The total cost of 1.44 billion yuan in cash. Upon completion, GCL will hold 67.99 percent after Rosenthal enlarged share capital.

In November 2014, GCL-Poly plans a total consideration of 10.1 billion yuan to Zhu Gong Shan and its connected investors to sell about half of the company's profit contribution Xipian manufacturing operations. After Zhu Gong Shan plan then silicon chipalso production business into Shanghai Super Day, and GCL-Poly will shift its focus to upstream polysilicon business. December 19 the same year, GCL-Poly announced the cancellation of the transaction.[4]

In August 2016, GCL-Poly bought $150 million worth assets of SunEdison.[5][6]

In April 2017, GCL-Poly invested over $832 million in construction of 60,000 tons polysilicon plant in China.[citation needed]

In April 2020 Poly launched a partnership with Hypersolar Inc.

7. GCL-poly is a company that drills oil wells in Jehedin and Elele in OGADEN Region. [citation needed]

References

[edit]
  1. ^ a b "China Sovereign Fund Buys $710 Million GCL-Poly Stake (Update2)". Bloomberg News. November 19, 2009. Archived from the original on 4 June 2011. Retrieved February 6, 2022.
  2. ^ "GCL-Poly Energy Holdings Limited". Archived from the original on 2011-01-18. Retrieved 2010-02-02.
  3. ^ "協鑫配售超額5倍眾安 $6737入場". Apple Daily 蘋果日報.
  4. ^ "協鑫取消百億賣資產大計". Apple Daily 蘋果日報.
  5. ^ "GCL-Poly Buys SunEdison Silicon Assets for $150M". Retrieved 2017-11-29.
  6. ^ Yung, Chester (2016-08-29). "SunEdison to Sell Some Assets to GCL-Poly Energy". Wall Street Journal. ISSN 0099-9660. Retrieved 2017-11-29.
[edit]

Source: Wikipedia. Article content is retrieved live through the MediaWiki API.

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Wikipedia

GCL-Poly

GCL-Poly, founded in 1996, is a subsidiary of Golden Concord Group Limited (GCL), a green energy supplier in China, providing power and heat via cogeneration, incineration and wind power. As of 2009 it was the largest supplier of polysilicon in China, and is also a supplier of electronic wafers for the solar industry.

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Wikipedia

GCL

GCL may refer to:

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Wikipedia

Sinochem

Sinochem Corporation (Chinese: 中国中化集团公司) is a Chinese state-owned multinational conglomerate primarily engaged in the production and trading of chemicals and fertilizer and exploration and production of oil for civilian and military purposes. Its majority owned fertilizer subsidiary Sinofert is involved throughout the chain from production of the product and procurement on international markets to distribution and retail. It is one of the world's largest chemical and petroleum companies. Sinochem Group was founded in 1950. Its predecessor was China National Chemicals Import and Export Corporation was China's largest trading firm. Sinochem Group is the key state-owned enterprise under the supervision of State-owned Assets Supervision and Administration Commission of the State Council (SASAC). Sinochem's headquarters is located in Xiong'an, Hebei. Sinochem's core businesses include energy, agriculture, chemicals, real estate and financial service. It is one of Chinese four state oil companies, China's biggest agricultural input company (fertilizer, seed and agrochemicals), China's leading chemical service company. Sinochem currently owns more than 300 subsidiaries inside and outside China. It controls several listed companies including Sinochem International (SZSE: 600500), Sinofert (SEHK: 297) and Franshion Properties (SEHK: 817), and is the largest shareholder of Far East Horizon (SEHK: 3360). In June 2009, Sinochem Group established Sinochem Corporation as the vehicle for potential group IPO. Sinochem Group is China's earliest entrant in Fortune Global 500 and has been on the list 25 times, ranking 139th in 2016. Sinochem's recent revenue in 2020 was 54.2 billion renminbi. In 2025, Sinochem ranked 7th in "China's 500 Most Valuable Brand's" list by World Brand Lab.

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Wikipedia

Geo-Jade Petroleum

Geo-Jade Petroleum is a Chinese oil and gas exploration and production company with oilfields in Kazakhstan, Albania, and Iraq. The company has made two major acquisitions in 2014–15. In December 2014 it completed the acquisition of 95% of the shares of Maten Petroleum for $526 million. Maten Petroleum's main assets are located in three oil field blocks in production in Kazakhstan, the Matin, Eastern Kokarna and Kara-Arna oil fields. In the other deal, in January 2015 the company announced a $400 million acquisition of Kozhan JSC, an oil producing company in Kazkahstan with rights to develop the Morskoye, Karatal, Dauletally fields in Atyrau Oblast. The company's stock is listed in the Shanghai Stock Exchange (600759.SH) since October 8, 1996.

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TOPIC OF THE DAY

Greenwood / Black Wall Street

Before the 1921 destruction of Tulsa’s Greenwood District, Black residents had created a remarkable center of business and community life. The district included stores, professional offices, entertainment venues and homes owned by Black citizens. Understanding Greenwood means learning what was built—not only what was burned.

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TRIVIA QUESTION OF THE DAY

Who was the first African-American woman millionaire in the United States?

Madam C.J. Walker