Xinyi Glass and Xinyi Solar Make First Time “Forbes Global 2000 2021”
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Achieves Impressive Results Amid Adversity Strengths of “Xinyi Family” Gain International Recognition
(Hong Kong, 25 May 2021) - Xinyi Glass Holdings Limited ("Xinyi Glass" or "Group") (Stock Code: 00868), a leading integrated automobile glass, energy-saving architectural glass and high-quality float glass manufacturer, and Xinyi Solar Holdings Limited ("Xinyi Solar" or the "Group") (Stock Code: 00968), the world’s largest solar glass manufacturer, have for the first time made it on this year’s "Forbes Global 2000" list, ranking 1509th and 1615th on the list respectively. This is testament to the recognition from authoritative international media that the “Xinyi family” enjoys for its robust development.
Forbes is a world-renowned international financial and business media, which advocates entrepreneurship and creativity. The rankings it compiles and publishes are seen as "economic barometers" and wealth pointers. Since 2003, Forbes has strictly assessed and ranked listed companies worldwide based on four weighted indicators, namely assets, market value, sales and profits.
Dr. LEE Yin Yee, B.B.S., Chairman of Xinyi Glass and Xinyi Solar, said: "In the past year, the COVID-19 pandemic and the Sino-US trade disputes posed challenges on the Group's overseas businesses. Being industry leaders, members of ‘Xinyi family’ were able to brave and overcome difficulties and achieved brilliant business results. Having two companies, for the first time, included on the ‘Forbes Global 2000 2021’ list tells us that our strengths are well-recognised by authoritative international media. The Group will work hard on maintaining growth momentum, press on with global strategic deployment, expand production capacity in good order and seize development opportunities at home and abroad, with the aim of building Xinyi into a top international brand."