(Hong Kong, 28 June 2021) - Leading integrated manufacturer of automotive glass, energy-saving architectural glass and high-quality float glass Xinyi Glass Holdings Limited ("Xinyi Glass" or "Group") (Stock Code: 00868) has secured a three-year HK$1 billion long-term green loan from DBS Bank (Hong Kong) Limited (“DBS Bank”) for investing in green production and products. The Group, via expanding financing channels, will be able to develop more comprehensive green projects in the future.
Dr. LEE Yin Yee, B.B.S., Chairman of Xinyi Glass, said, "As a leading company with a strong sense of social responsibility, Xinyi Glass has been committed to product research and development as well as innovation in developing energy-saving and environmentally friendly products. It has also kept increasing investment in transforming technologies, conserving energy and reducing power consumption, and environmental protection facilities, demonstrating its dedication to sustainable development from material selection to production, working toward creating a green and energy conservation conscious society. The Group will make good use of the funds obtained to promote a more environmentally friendly production environment in its production complexes, use more renewable energy to reduce total carbon dioxide or greenhouse gas emissions, in order to create more green spaces, plus uphold its ‘Leading a Green New Life’ development vision to help the country realize her long-term “carbon neutrality” goal as soon as possible."