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Xinyi Solar and Xinyi Glass Renew Connected Production Equipment Purchase Deal for 2026

Story Highlights
  • Xinyi Solar and Xinyi Glass renewed their intra-group production equipment purchase agreement for 2026.
  • The renewed deal is treated as a connected transaction but only requires reporting and announcement, not shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Xinyi Solar and Xinyi Glass Renew Connected Production Equipment Purchase Deal for 2026

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

Xinyi Solar and Xinyi Glass have renewed their intra-group production equipment procurement arrangement, with subsidiaries of the two Hong Kong–listed companies signing a new 2026 Production Equipment Purchase Agreement on 24 December 2025 for a one-year term from 1 January to 31 December 2026. Because Xinyi Glass is a substantial shareholder of Xinyi Solar and both groups share common controlling shareholders, the deal is classified as a continuing connected transaction for each company under Hong Kong Listing Rules; however, as the applicable percentage ratios remain above 0.1% but below 5%, the arrangement is only subject to reporting and announcement requirements and is exempt from circular and independent shareholders’ approval, signalling a routine renewal that maintains operational continuity without triggering more onerous regulatory procedures.

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 a Hong Kong–listed manufacturer and developer in the solar energy sector, focusing on solar glass and related products, while Xinyi Glass Holdings is a leading glass producer whose subsidiaries supply production equipment within the group. Both companies operate under common controlling shareholders, resulting in various intra-group transactions that are governed by Hong Kong’s connected transaction rules.

Average Trading Volume: 77,002,111

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$27.17B

See more insights into 0968 stock on TipRanks’ Stock Analysis page.

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