GCL-Poly Energy Holdings Limited (HKG:3800) responded to media reports that it may spin off subsidiary Jiangsu Zhongneng Polysilicon Technology Development Co., Ltd. and list it in China. The solar farm operator said that while the unit held discussion forum with several investors earlier this month, the talks were about financing for its fluidized bed reactor projects and not for a proposed spinoff. GCL Poly said it currently has no plans to spinoff and separately list Jiangsu Zhongneng on any stock exchange in China or elsewhere, according to a September 21, 2021 disclosure.