(29 June 2022, Hong Kong) – 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, is pleased to announce that it was awarded as the “Best IR Program” (ranking third), "Best ESG" (ranking third), “Best CEO” (ranking third) and “Best CFO” (ranking third), in the “2022 All Asia Executive Team Honored Companies Survey” organised by Institutional Investor that authoritative periodical for institutional investors published in the US. These accolades demonstrate investors’ continued recognition of the Group’s excellence in corporate governance and investor relations.
Dr. LEE Yin Yee, B.B.S., Chairman of Xinyi Glass, said, "Xinyi Glass is highy honoured to be selected among the prestigious ranking of Institutional Investor for five consecutive years. We would like to express our sincere gratitude to friends from the investor community for their trust in and strong support to the Group. All sectors have paid greater attention to us since our inclusion among the blue-chip stocks under the Hang Seng Index, which encourages us to be more diverse in our investment and more actively engaged in investor relations. On the ESG front, the Group has escalated its green finance efforts in recent years to align more closely with our sustainable development strategies. In June this year, we have announced that the Group has secured the first HK$1.35 billion syndicated sustainability-linked loan. As the Group’s first syndicated ESG-linked loan, its performance targets are linked to levels of greenhouse gas emissions and energy consumption of its production activities. In the future, the Group will continue to uphold the highest standards of corporate governance and aligning its sustainable development strategies as it strives for good business results to reward investors for their support".
Institutional Investors is one of the most influential publications for global investment firms. The “2022 All Asia Executive Team Ranking (Basic Materials)” compiled by the magazine aims to acknowledge companies and business leaders for steadfastly upholding corporate governance principles and fulfilling environmental and social responsibilities while maintaining high transparency in investor relations. It is one of the most prestigious compilations in the capital markets. The winners were selected by polling 4,854 buy-side and sell-side analysts and fund managers, as well as 670 sell-side researchers, from 1,612 listed companies across Asia.