Xinyi Group Units Clarify Valuation Basis in Jinzhai Wind Power Connected Deal

The latest announcement is out from Xinyi Glass Holdings ( (HK:0868) ).

Xinyi Glass Holdings, Xinyi Electric Storage, Xinyi Energy and Xinyi Solar jointly issued a supplemental announcement on their connected transaction involving the sale and purchase of an equity interest in Jinzhai Wind Power, clarifying valuation and compliance details related to the deal. The companies disclosed that the valuation of Jinzhai Wind Power as of 31 October 2025, prepared by independent valuer Graval Consulting, was conducted using a discounted cash flow method under the income approach and is therefore treated as a profit forecast under Hong Kong Listing Rules, with Ernst & Young having reviewed the arithmetic accuracy of the forecast calculations and confirming no shareholdings or subscription rights in the Xinyi groups. The boards further explained that the free cash flow to the firm model was adopted over a 13-year projection period to 2037, reflecting the expected remaining life of the wind farm’s turbines, thereby providing investors with more transparency on how the equity interest’s market value was determined in the context of the connected transaction.

The most recent analyst rating on (HK:0868) stock is a Hold with a HK$8.50 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, together with its affiliates Xinyi Electric Storage, Xinyi Energy and Xinyi Solar, operates across the glass manufacturing, energy storage, renewable energy generation and solar materials sectors, with their listed entities in Hong Kong focusing on integrated participation in the clean energy value chain, including wind and solar power assets.

Average Trading Volume: 8,936,527

Technical Sentiment Signal: Buy

Current Market Cap: HK$37.03B

For an in-depth examination of 0868 stock, go to TipRanks’ Overview page.