99AA太阳

Obtains HK$1.2 Billion Club Loan Represents Largest Green Financing Amount Secured by Listed Company from the Industrial Sector

(Hong Kong, 2 April 2019) – 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, has announced that it has successfully signed a HK$1.2 billion four-year green loan with four major banks. This follows on the securing of a HK$1.2 billion three-year syndicated loan by the Group in December 2018 (Sumitomo Mitsui Banking Corporation acted as the mandated lead arranger bank, which involved arrangements with financial institutions including State Bank of India (Hong Kong Branch), Credit Industriel et Commercial (Hong Kong Branch), Korean Development Bank Asia and Hua Nan Commercial Bank (Macau Branch)). To support the national plan for the Belt and Road Initiative and development of the Greater Bay Area, Xinyi Glass has capitalized on its green technology and environmentally-friendly products to align with the green finance strategy implemented by the Hong Kong Government. The Group has entered the green finance project in accordance with the framework agreement and following its accreditation with the Green Finance of Pre-Issuance Stage Certificate from Hong Kong Quality Assurance Agency (“HKQAA) on 25 March 2019. The green loan is the largest financing amount secured by a listed company from the industrial sector in Hong Kong.