Xinyi Glass and Xinyi Solar Formalise 2026 Intra-Group Solar Power Supply Deal

Xinyi Glass Holdings ( (HK:0868) ) has shared an announcement.

Xinyi Glass Holdings Limited and its affiliate Xinyi Solar Holdings Limited have entered into an Electricity Framework Agreement under which members of the Xinyi Solar group will supply surplus electricity from their distributed rooftop solar power generation systems to members of the Xinyi Glass group from 1 January to 31 December 2026. As Xinyi Glass is a substantial shareholder of Xinyi Solar and both companies share common controlling shareholders, the arrangement is classified as a continuing connected transaction for both issuers under Hong Kong listing rules, triggering reporting and announcement requirements but remaining exempt from circular and independent shareholders’ approval due to its relatively small transaction size; the deal underscores closer operational integration between the glass and solar units while formalizing intra-group energy supply on regulated terms.

The most recent analyst rating on (HK:0868) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on Xinyi Glass Holdings stock, see the HK:0868 Stock Forecast page.

More about Xinyi Glass Holdings

Xinyi Glass Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the glass manufacturing industry, supplying glass products for construction, automotive and solar applications. Its affiliate Xinyi Solar Holdings Limited focuses on solar energy solutions, including distributed rooftop solar power generation systems, reflecting a vertically linked position across glass and solar value chains.

Average Trading Volume: 9,420,904

Technical Sentiment Signal: Hold

Current Market Cap: HK$37.3B

For a thorough assessment of 0868 stock, go to TipRanks’ Stock Analysis page.