(Hong Kong, 28 May 2019) – Shares of Xinyi Energy Holdings Limited (“Xinyi Energy” or the “Group”), a leading non-State-owned solar farm owner and operator in the PRC,have commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“HKEX”) today under the stock code 3868.
Xinyi Energy, spun off from Xinyi Solar, is the first green energy dividend utility stock in Hong Kong. The Group owns and operates utility-scale ground-mounted solar farm projects, using proven, reliable and efficient technologies. All of Xinyi Energy’s solar farm projects are strategically located in Anhui Province, Tianjin Municipality, Fujian Province, and Hubei Province. Xinyi Energy intends to adopt a high dividend payout policy declaring and distributing interim and final distributions in each year of not less than 90% of the distributable income, with the intent to distribute 100% of the distributable income each year.
Dr. Lee Yin Yee, Chairman andNon-Executive Director (right), and Mr. Tung Ching Sai, Vice ChairmanandExecutive Director (left)of Xinyi Energy, host the gong-striking ceremony,marking the Group’s listing on the Main Board of the SEHK.
(From left to right)