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Xinyi Glass Makes “Forbes Global 2000 List 2022” Second Time * * * Undaunted in Challenging Marco-environment Blue Chip Gains International Recognition for Its Strength

发布时间:2022-05-17 18:25阅读次数:

(Hong Kong, 17 May 2022) –Xinyi Glass Holdings Limited (“Xinyi Glass” or the “Group”) (stock code: 00868), a leading integrated high-quality float glass, automobile glass and energy-saving architectural glass manufacturer, has for the second time made it on "Forbes Global 2000 List 2022", ranking 1,774th as one of 339 Chinese enterprises on the list. The achievement testifies to its robust development as a blue chip gaining again the recognition of authoritative international media.

Dr. LEE Yin Yee, B.B.S., Chairman of Xinyi Glass, said: "Looking back at the year past, such factors in the macro-environment as the COVID-19 pandemic, the turbulent international scene and capital markets posed challenges on all industries. As a blue chip with over 30 years’ industry experience, the Group has been able to fortify its foundation and achieved the best results yet in its history. Being able to make it among the ‘Forbes Global 2000 List’ the second time is proof that our strengths are well-recognised by authoritative international media. With the global economy gradually recovering from the pandemic, we will capitalise on the growth momentum gathered to expand production capacity in good pace and seize development opportunities at home and abroad, so as to build Xinyi into a top international brand."

Forbes is a world-renowned international financial and business media, which advocates entrepreneurship and creativity. The rankings it compiles and publishes are seen as "economic barometers" and wealth pointers. Since 2003, Forbes has strictly assessed and ranked listed companies worldwide. This year’s rankings used the companies’ latest 12-month financial data as at 22 April 2022 to assess their performance in four aspects, namely sales, profits, assets and market value. The companies on this year’s list altogether made revenue of US$47.6 trillion, profits of US$5 trillion, with assets of US$233.7 trillion and market value of US$76.5 trillion.
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