Xinyi Glass Again Selected Among “Top 500 Listed Companies by Market Value in China”
(Hong Kong, 7 July 2020) – 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 has once again been selected within the 2020 1H “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, reflecting strong market recognition of its business capabilities.
The entry barrier to this prestigious list has surged to a new high of RMB31.2 billion. Among 500 entrants, the largest number were from the pharmaceutical and biotech sector, 49 in total, while 35 of all the entrants are from materials sector, whereas Xinyi Glass belongs to.
Dr. LEE Yin Yee, B.B.S., Chairman of Xinyi Glass, said, “Xinyi Glass is proud to be included in the ‘Top 500 Listed Companies by Market Value in China’ list again, an acknowledgement of our solid foundation and business performance. Stepping into 2020, the development of China and even the entire world has been affected by the COVID-19 pandemic. As an industry leader, our management remains optimistic about the outlook for business. In the past six months, we have continued to smoothly execute our capacity expansion plan, thereby optimising the capacity layout. The Group is poised to tap the opportunities emerging as the industry revives, and once again to deliver good results.”