Joining hands with DBS Bank to promote sustainable development, the Group hopes to contribute to turning Hong Kong into the “green financial center in the Greater Bay Area” and help China achieve her “carbon neutrality” by 2060 goal, which agree with the underlying business development direction of the Group. Upholding its core values of “Trust, Integrity, Passion, People”, the Group has invested more resources into green projects in recent years. The Group’s commitment to pursuing sustainable development is proven by the endorsement from varies certification agencies for its strengths and qualifications built over the years, and its success in including securing earlier HK$4.6 billion green loans from banks and making constituent of several MSCI ESG Indices. The latest green loan again recognizes the efforts made by the Group in pursuing green development. In the future, the Group will with actions show its determination to shoulder environmental and social responsibilities.
Mr Alex Cheung, Managing Director and Head of Institutional Banking Group of DBS Hong Kong, said, “DBS is delighted to partner with Xinyi Glass by providing green loan, and join hands to progress on our sustainability journey. DBS has firm commitment in promoting sustainable financing, we collaborate with like-minded partners and support them in meeting their business sustainability goals, to generate long-term value for the community.”
Dr. LEE Yin Yee, B.B.S., Chairman of Xinyi Glass, said, "As a leading company with a strong sense of social responsibility, Xinyi Glass has been committed to product research and development as well as innovation in developing energy-saving and environmentally friendly products. It has also kept increasing investment in transforming technologies, conserving energy and reducing power consumption, and environmental protection facilities, demonstrating its dedication to sustainable development from material selection to production, working toward creating a green and energy conservation conscious society. The Group will make good use of the funds obtained to promote a more environmentally friendly production environment in its production complexes, use more renewable energy to reduce total carbon dioxide or greenhouse gas emissions, in order to create more green spaces, plus uphold its ‘Leading a Green New Life’ development vision to help the country realize her long-term “carbon neutrality” goal as soon as possible."
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About DBS
DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 12 consecutive years from 2009 to 2020. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
About Xinyi Glass Holdings Limited (Stock Code: 00868)
Established in Hong Kong and listed on the Main Board of the Hong Kong Stock Exchange in February 2005, Xinyi Glass is one of the largest integrated manufacturers of high quality float glass, automobile glass and architectural glass in China and overseas. Xinyi Glass’ registered trademark was recognized as “China Well-known Trademark” by the State Administration for Industry and Commerce in 2017. Its automobile glass brand was named “China Top Brand” in 2007 by the General Administration of Quality Supervision, Inspection and Quarantine of the PRC. Xinyi Glass has established ten production complexes in various key economic zones in different provinces in all parts of China as well as Malacca in Malaysia. The Group is included as a constituent of 37 Hang Seng Indexes, including Hang Seng Composite Index, Hang Seng Stock Connect Hong Kong (“SCHK”) Index and Hang Seng Large-Mid Cap Quality Comprehensive Index etc., as well as MSCI Hong Kong Index, MSCI Golden Dragon Index, MSCI All Country (“AC”) Far East Ex Japan Index, and MSCI AC Asia Ex Japan Index. Xinyi Glass is the single largest shareholder of Xinyi Solar Holdings Limited (stock code: 00968), holding [22.85]% of the number of Xinyi Solar Shares in issue. Also, Xinyi Glass directly holds [6.02]% of the number of Xinyi Energy Holdings Limited (stock code: 03868) Shares in issue. For details, please visit www.xinyiglass.com.
