On July 25, Yongchuan District and Xinyi Group ( Glass ) Co., Ltd. signed another cooperation agreement to jointly build high-end float glass and Low-E glass production projects. Following the signing of the cooperation agreement on June 16, Xinyi Group decided to further deepen cooperation and expand investment to help Yongchuan build a 100 billion-grade advanced material industry cluster. Dong Qingshi, National Committee of the Chinese People's Political Consultative Conference, Executive Director and Chief Executive Officer of Xinyi Glass, Zhang Zhikui, Secretary of Yongchuan District Committee, and Chang Xiaoyong, Deputy Secretary of District Committee and District Director attended the signing event. Guo Jianlin, Vice President
of Xinyi Glass Holdings Co., Ltd., Liu Xiaoxiao, Vice President of Xinyi Solar Energy Holdings Co., Ltd., and Song Wen and Wang Hanfeng, leaders of Yongchuan District, participated. Entrusted
by Zhang Zhikui, Chang Xiaoyong, on behalf of the District Committee and the District Government, congratulated the two sides on deepening cooperation and signing the project. He said that Yongchuan is the bridgehead of the Shuangcheng Economic Circle, the new hub of the western land-sea corridor, and the important growth pole of the modern new Chongqing, with multiple strategic superposition, obvious location advantages, solid industrial foundation, good economic and social development situation and huge potential. At present, we are deeply studying and implementing the spirit of the 20th National Congress of the Communist Party of China, earnestly implementing the deployment requirements of the city's conference to promote the high-quality development of manufacturing industry, speeding up the construction of the "2515" modern manufacturing system including advanced materials, creating better opportunities and providing more space for enterprises to develop in the future. Xinyi Group (Glass) Co., Ltd. is a leading integrated glass manufacturer in the world, with outstanding leading position and remarkable development advantages. It is hoped that Xinyi Group will give full play to its core advantages and competitiveness, promote the early start, early completion and early production of the project, and add new vitality and momentum to Yongchuan's construction of a modern manufacturing base. We will always regard the enterprise as "our own family", maintain the greatest sincerity, do our best to create the best environment, and fully support the development and growth of the enterprise in Yongyong. Why
did Xinyi Group decide to expand its investment in Yongyong in a short time? Guo Jianlin said that the Group highly recognized and appreciated the first-class business environment in Yongchuan District, and would aim at the high-end float glass and high-quality energy-saving glass market in Southwest China, adding three new production lines to promote the high-quality development of the glass industry in Southwest China. Guo Jianlin also said that Xinyi Group's automotive glass, high-quality float glass, energy-saving building glass and photovoltaic glass are the leading products in the industry. Yongchuan has obvious location and industrial advantages, superior business environment and huge development potential. The Group is confident of expanding investment in Yongchuan and will continue to integrate and optimize the green low-carbon industrial chain to contribute to the construction of Chengdu-Chongqing economic circle.
It is reported that Xinyi Group, founded in 1988, is the world's leading integrated glass manufacturer and leader in the field of new energy, with four listed companies: Xinyi Glass, Xinyi Solar Energy, Xinyi Power Storage and Xinyi Energy. The industry sector covers the development and management of float glass, automotive glass, building glass, electronic glass, photovoltaic glass, photovoltaic power station, energy storage, lithium battery, wind power generation, photovoltaic film and new energy market. By the end of 2022, the Group's total assets exceeded HK $120 billion, its sales network covered more than 140 countries and regions around the world, and the number of employees exceeded 25,000.