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Xinyi Solar Aligns Financial Reporting with Chinese Market

Xinyi Solar Aligns Financial Reporting with Chinese Market

Xinyi Solar Holdings (HK:0968) has released an update.

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Xinyi Solar Holdings has announced a change in its financial statement presentation currency from Hong Kong dollars to Renminbi, effective from the end of 2024. This shift reflects the company’s substantial business activities and asset presence in Mainland China, aiming to align financial reporting with its operational currency. The change is not expected to materially affect the company’s financial position.

For further insights into HK:0968 stock, check out TipRanks’ Stock Analysis page.

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