Xinyi Glass (XYG), leading manufacturer of float glass, auto glass and architectural glass

Xinyi Glass and Xinyi Solar Again Selected Among “Top 500 Listed Companies by Market Value in China” * * * Recognition Demonstrates Strong Market Confidence as Their Stocks Attain Blue Chip Status

发布时间：2022-01-10 16:32阅读次数：次

(Hong Kong, 10 January 2022) – Xinyi Glass Holdings Limited (“Xinyi Glass” or the “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, are pleased to announce that they have both been selected again among the 2021 “Top 500 Listed Companies by Market Value in China” (「中國上市企業市值500強」榜單) compiled by Wind Information Co., Ltd. This achievement underscores the market recognition and strong development momentum of the of the companies under the Xinyi Group.

In 2021, the average market value of the Top 500 Listed Companies was RMB155.6 billion, while the median and lowest market values increased moderately to RMB82.8 billion and RMB41.0 billion respectively. Xinyi Solar was ranked 214th at a market value of RMB96.1 billion with Xinyi Glass ranked 314th at RMB64.2 billion.

Dr. LEE Yin Yee, B.B.S., Chairman of Xinyi Glass and Xinyi Solar, said, “We are highly honoured with the inclusion again of two companies of the Xinyi Family within the ‘Top 500 Listed Companies by Market Value in China’, testimony to our outstanding performance and market-leading presence. In 2021, the global economy as well as China’s stock market were full of uncertainties. Nonetheless both Xinyi Glass and Xinyi Solar have been designated as constituents of the Hang Seng Index in the past year, becoming blue chip stocks, marking another milestone of the Group in the global capital market. Looking ahead, we continue to solidify our foundation. While achieving steady development of our business, we are also actively seeking new growth drivers and to reward our shareholders with outstanding results".