HONG KONG, Dec 6, 2019 – (ACN Newswire) – Xinyi Glass Holdings Limited (“Xinyi Glass” or the “Group”) (stock code: 00868.hk), a leading integrated automobile glass, energy-saving architectural glass and high-quality float glass manufacturer, was the winner of this year’s “Enterprise Award” at the “DHL/SCMP Hong Kong Business Awards 2019”. Xinyi Glass’ successful selection after undergoing a stringent evaluation process testifies to the market recognition of the Group’s outstanding business performance and development strategies.
Dr LEE Yin Yee, B.B.S., Chairman of Xinyi Glass, said, “We have just celebrated our 30th anniversary last year and have been honoured with the renowned ‘DHL/SCMP Hong Kong Business Award’ this year as a new chapter of growth. Winning the award greatly encourages the Group as it represents the endorsement of our position as an industry leader and also the affirmation of our management team’s vision and contributions. The Group focused on automobile glass and construction glass when it was established. Later, it shifted its development strategy and expanded its portfolio to different glass products in accordance with the market demand. It also actively pushed forward a globalisation strategy in order to mitigate the geopolitical risks. Apart from focusing on business growth, Xinyi Glass has also endeavoured to promote sustainable development. Towards that end, the Group has contributed to the creation of a green and energy-saving society through continuously enhancing its research and development and innovation capabilities, with the consolidation and optimization of the ‘green’ industry chain. In the future, the Group will continue to capture new opportunities by driving globalisation of its business and boosting automation of its production facilities. We will also seek to enlarge its share in the worldwide glass market, with the aim of bringing good returns to shareholders.”
The Hong Kong Business Awards were established in 1990 by DHL, a global leading logistics brand, and the South China Morning Post, an internationally-renowned English newspaper. The Awards has honoured individuals and companies from local industrial and commercial sectors, who maintain and expand the economic viability and international stature in Hong Kong. In particular, the Enterprise Award aims to acknowledge those companies who demonstrate excellence in their relative growth and market development, business performance and commercial success. Furthermore, the award winner should demonstrate success in the innovation of new products or services or the penetration of new markets, and also demonstrate effective risk management procedures already in place.
For more information about The Hong Kong Business Awards, please refer to:
About Xinyi Glass Holdings Limited
Established in Hong Kong and listed on the Main Board of the Hong Kong Stock Exchange in February 2005, Xinyi Glass is one of the largest integrated manufacturers of high quality float glass, automobile glass and architectural glass in China and overseas. Xinyi Glass’ registered trademark was recognized as “China Well-known Trademark” by the State Administration for Industry and Commerce in 2017. Its automobile glass brand was named “China Top Brand” in 2007 by the General Administration of Quality Supervision, Inspection and Quarantine of the PRC. Xinyi Glass has established nine production complexes in various key economic zones in different provinces in all parts of China as well as Malacca in Malaysia. The Group is included as a constituent of 23 Hang Seng Indexes, including Hang Seng Composite Index, Hang Seng Stock Connect Hong Kong (“SCHK”) Index, Hang Seng High Dividend Yield Index, Hang Seng Mainland China Companies High Dividend Yield Index, Hang Seng Stock Connect Big Bay Area Composite Index etc., as well as MSCI Hong Kong Small Cap Index, MSCI Golden Dragon Small Cap Index, MSCI All Country (“AC”) Far East Ex Japan Small Cap Index, and MSCI AC Asia Ex Japan Small Cap Index. Xinyi Glass is the single largest shareholder of Xinyi Solar Holdings Limited (stock code: 00968), holding 24.4% of the number of Xinyi Solar Shares in issue. Also, Xinyi Glass directly holds 5.97% of the number of Xinyi Energy Holdings Limited (stock code: 03868) Shares in issue.
For details, please visit www.xinyiglass.com
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