Xinyi Glass and Xinyi Solar Renew Key Equipment Deal

Xinyi Glass Holdings (HK:0868) has released an update.

Xinyi Glass Holdings and Xinyi Solar have renewed their Production Equipment Purchase Agreement for another year, beginning January 2025. This deal, involving connected transactions between the two companies, is subject to certain reporting requirements under Hong Kong’s Listing Rules but does not require shareholder approval. The agreement is crucial for maintaining their production capabilities and reflects ongoing collaboration between the two entities.

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