Brief: Xinyi Solar Holdings Updates On Equipment And Glass Purchase Framework Agreements

Xinyi Solar Holdings

08/01/2021 13:05

Jan 8 (Reuters) - Xinyi Solar Holdings Ltd  0968.HK :
    * XINYI SOLAR (HONG KONG), WUHU JINSANSHI ENTERED EQUIPMENT
PURCHASE FRAMEWORK AGREEMENT
    * AGREED THAT MEMBERS OF XINYI SOLAR GROUP WOULD PURCHASE
GLASS
PRODUCTS FROM MEMBERS OF XINYI GLASS GROUP
    * XINYI SOLAR AND XINYI GLASS (HONG KONG) ENTERED GLASS
PURCHASE
FRAMEWORK AGREEMENT
    * CAP AMOUNT (GLASS PRODUCTS) FOR SIX MONTHS ENDING 30 JUNE
2021
IS ESTIMATED TO BE RMB309.7 MILLION
    * UNIT AGREED THAT MEMBERS OF XINYI SOLAR GROUP TO BUY
PRODUCTION
EQUIPMENT & AUXILIARY FACILITIES
    * MAXIMUM PURCHASE AMOUNT UNDER EQUIPMENT PURCHASE FRAMEWORK
AGREEMENT RMB59.8 MILLION
    * XINYI SOLAR GROUP WILL PURCHASE 115,000 TONNES OF FLOAT
GLASS
PRODUCTS AT ESTIMATED PURCHASE AMOUNT OF NOT MORE THAN RMB305.3
MILLION

Source text for Eikon:  ID:nHKSxzlD3 
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