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Xinyi Glass Secures Three-year HK$1 Billion Green Loan from DBS Bank * * * Develops Diverse Green Projects Helps China Achieve “Carbon Neutrality”

发布时间:2021-06-28 17:35阅读次数:

Xinyi Glass Secures Three-year HK$1 Billion Green Loan from DBS Bank
* * *
Develops Diverse Green Projects
Helps China Achieve “Carbon Neutrality”

(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.

Joining hands with DBS Bank to promote sustainable development, the Group hopes to contribute to turning Hong Kong into the “green financial center in the Greater Bay Area” and help China achieving her “carbon neutrality” by 2060 goal, which agrees with the underlying business development direction of the Group. Upholding its core values of “Trust, Integrity, Passion, People”, the Group has invested more resources into green projects in recent years. The Group’s commitment to pursuing sustainable development is proven by the endorsement from varies certification agencies for its strengths and qualifications built over the years, and its success in including securing earlier HK$4.6 billion green loans from various banks and making constituent of several MSCI ESG Indices. The latest green loan again recognizes the efforts made by the Group in pursuing green development. In the future, the Group will with actions show its determination to shoulder environmental and social responsibilities.

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."