968-HKEX - XINYI SOLAR - Up 90% last 3 months

Xinyi Solar Holdings is the world's largest manufacturer of solar photovoltaic glass. Looks a bit overextended price wise currently based on the RSI, so will wait and watch.

The company specializes in the research and development, manufacturing, sales and after-sales service of solar photovoltaic glass, and provides solar photovoltaic glass products to major global and domestic solar module manufacturers. Xinyi Solar was listed on the main board of the Hong Kong Stock Exchange on December 12, 2013, stock code: 00968.HK, and on May 28, 2019, Xinyi Energy (stock code: 03868.HK) was spun off from the parent company Xinyi Solar, and cumulatively acquired 1494MW large-scale ground power station independent operation management from the parent company.

Xinyi Solar has three major solar photovoltaic glass production bases, which are located in Wuhu, Anhui, Tianjin and Malacca, Malaysia. At present, it has a solar photovoltaic glass production line with a total daily melting capacity of 7,800 tons, which occupies more than 30% of the global market share. The main products include solar photovoltaic glass and back glass. With excellent product performance and service quality, Xinyi Solar became the first enterprise in the domestic photovoltaic glass industry to pass the energy management system certification of the China Building Materials Centre.

From crystalline silicon solar energy to thin-film solar cell technology, Xinyi Solar provides complete product solutions from solar photovoltaic glass and thin-film conductive glass, which provides favourable support for effectively improving solar energy conversion efficiency. Xinyi Solar Energy is committed to improving the competitiveness and energy efficiency of the solar energy industry and is committed to creating a sustainable photovoltaic industry.

As of the end of 2018, the ground and distributed power plants invested and constructed by Xinyi Solar have accumulated a total of about 2.5GW. According to the 2018 generation of the Group's grid-connected solar photovoltaic power plant project, it is equivalent to saving about 840,000 tons of standard coal, about 56.6 tons of carbon dust, about 2.075 million tons of CO2, and 6.24 of SO2.

Source: www.xinyisolar.com/qygk/index.aspx