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Xinyi Solar Holdings ( (HK:0968) ) just unveiled an announcement.
Xinyi Glass, Xinyi Electric Storage, Xinyi Energy and Xinyi Solar have issued a supplemental joint announcement detailing valuation and compliance matters relating to the connected transaction for the sale and purchase of an equity interest in Jinzhai Wind Power. The companies clarified that the valuation of Jinzhai Wind Power as of 31 October 2025, prepared by independent valuer Graval Consulting using a discounted cash flow model based on free cash flow to the firm over the wind farm’s remaining 13-year operating life, is treated as a profit forecast under Hong Kong listing rules. Auditor Ernst & Young has reviewed the arithmetical accuracy of the income-approach forecast, confirmed its independence from the Xinyi group entities, and consented to the inclusion of its opinion, while the boards of the listed companies state the profit forecast was made after due and careful enquiry, reinforcing regulatory compliance around this connected transaction. The supplemental disclosure also notes that Jinzhai Wind Power’s limited indirect ownership by Xinyi Electric Storage means certain GEM listing requirements do not apply, underlining the transaction’s structural and regulatory nuances for investors monitoring the group’s expanding wind power footprint.
The most recent analyst rating on (HK:0968) stock is a Buy with a HK$3.40 price target. To see the full list of analyst forecasts on Xinyi Solar Holdings stock, see the HK:0968 Stock Forecast page.
More about Xinyi Solar Holdings
Xinyi Solar Holdings is part of a wider group of Hong Kong-listed entities involved in solar and renewable energy-related businesses, alongside Xinyi Glass, Xinyi Energy and Xinyi Electric Storage. The group’s activities span glass manufacturing, solar power generation and energy storage, positioning it as a diversified player in the clean energy and materials value chain serving the Greater China and regional markets.
Average Trading Volume: 67,037,949
Technical Sentiment Signal: Sell
Current Market Cap: HK$28.9B
Learn more about 0968 stock on TipRanks’ Stock Analysis page.