Xinyi Glass Holdings Shifts Financial Reporting to Renminbi

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

Xinyi Glass Holdings has announced that it will change the presentation currency of its audited financial statements from Hong Kong dollars to Renminbi, starting with the fiscal year ending December 31, 2024. This move reflects the company’s significant business operations and assets in Mainland China, where most transactions are conducted in RMB. The change is not expected to materially impact the group’s financial position.

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