XINYI ENERGY (03868) & XINYI SOLAR (00968) Announce RMB514.59 Million Disposal of 51% Equity in XINYI SOLAR (TIANJIN)

Bulletin Express11-20

Xinyi Energy Holdings Limited (03868) and Xinyi Solar Holdings Limited (00968) jointly announced the disposal of 51% equity interest in Xinyi Solar (Tianjin) to Tianjin Binhai CINE for a cash consideration of RMB514.59 million, subject to adjustments. The agreement was signed on 20 November 2025, and completion is expected by 31 December 2025.

Xinyi Solar (Tianjin) holds the Tianjin Huanggang Zone Solar Farm with an approved capacity of 174 MW. Under the terms of the transaction, the consideration is payable in three installments once certain conditions precedent are met. After completion, Xinyi Solar (Tianjin) will no longer be a subsidiary of these groups, and the remaining 49% equity interest will be accounted for using the equity method.

In connection with the transaction, Xinyi Energy anticipates an after-tax gain of approximately RMB161.22 million, while Xinyi Solar expects an after-tax gain of roughly RMB157.34 million. According to the announcement, Xinyi Energy will continue to manage the solar farm until an agreed termination and receive related service fees. Both companies state that the terms of the disposal are fair and in the interests of their respective shareholders.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1138081394?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-20 19:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1138081394","market":"us","top_or_hot":-1,"title":"XINYI ENERGY (03868) & XINYI SOLAR (00968) Announce RMB514.59 Million Disposal of 51% Equity in XINYI SOLAR (TIANJIN)","media":"Bulletin Express","content":"<p>Xinyi Energy Holdings Limited (03868) and Xinyi Solar Holdings Limited (00968) jointly announced the disposal of 51% equity interest in Xinyi Solar (Tianjin) to Tianjin Binhai CINE for a cash consideration of RMB514.59 million, subject to adjustments. The agreement was signed on 20 November 2025, and completion is expected by 31 December 2025.</p>\n<p>Xinyi Solar (Tianjin) holds the Tianjin Huanggang Zone Solar Farm with an approved capacity of 174 MW. Under the terms of the transaction, the consideration is payable in three installments once certain conditions precedent are met. After completion, Xinyi Solar (Tianjin) will no longer be a subsidiary of these groups, and the remaining 49% equity interest will be accounted for using the equity method.</p>\n<p>In connection with the transaction, Xinyi Energy anticipates an after-tax gain of approximately RMB161.22 million, while Xinyi Solar expects an after-tax gain of roughly RMB157.34 million. According to the announcement, Xinyi Energy will continue to manage the solar farm until an agreed termination and receive related service fees. Both companies state that the terms of the disposal are fair and in the interests of their respective shareholders.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XINYI ENERGY (03868) & XINYI SOLAR (00968) Announce RMB514.59 Million Disposal of 51% Equity in XINYI SOLAR (TIANJIN)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXINYI ENERGY (03868) & XINYI SOLAR (00968) Announce RMB514.59 Million Disposal of 51% Equity in XINYI SOLAR (TIANJIN)\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2025-11-20 19:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Xinyi Energy Holdings Limited (03868) and Xinyi Solar Holdings Limited (00968) jointly announced the disposal of 51% equity interest in Xinyi Solar (Tianjin) to Tianjin Binhai CINE for a cash consideration of RMB514.59 million, subject to adjustments. The agreement was signed on 20 November 2025, and completion is expected by 31 December 2025.</p>\n<p>Xinyi Solar (Tianjin) holds the Tianjin Huanggang Zone Solar Farm with an approved capacity of 174 MW. Under the terms of the transaction, the consideration is payable in three installments once certain conditions precedent are met. After completion, Xinyi Solar (Tianjin) will no longer be a subsidiary of these groups, and the remaining 49% equity interest will be accounted for using the equity method.</p>\n<p>In connection with the transaction, Xinyi Energy anticipates an after-tax gain of approximately RMB161.22 million, while Xinyi Solar expects an after-tax gain of roughly RMB157.34 million. According to the announcement, Xinyi Energy will continue to manage the solar farm until an agreed termination and receive related service fees. Both companies state that the terms of the disposal are fair and in the interests of their respective shareholders.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03868","symbol_name":"信义能源","start_time":0,"source_url":"","article_id":"1138081394","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1138081394","pubTimestamp":1763639043,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Xinyi Energy Holdings Limited (03868) and Xinyi Solar Holdings Limited (00968) jointly announced the disposal of 51% equity interest in Xinyi Solar (Tianjin) to Tianjin Binhai CINE for a cash...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03868":"信义能源"},"translate_title":"信义能源(03868)及信义光能(00968)公布人民币5.1459亿元出售信义光能(天津)51%股权","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03868":1},"content_text":"Xinyi Energy Holdings Limited (03868) and Xinyi Solar Holdings Limited (00968) jointly announced the disposal of 51% equity interest in Xinyi Solar (Tianjin) to Tianjin Binhai CINE for a cash consideration of RMB514.59 million, subject to adjustments. The agreement was signed on 20 November 2025, and completion is expected by 31 December 2025.\nXinyi Solar (Tianjin) holds the Tianjin Huanggang Zone Solar Farm with an approved capacity of 174 MW. Under the terms of the transaction, the consideration is payable in three installments once certain conditions precedent are met. After completion, Xinyi Solar (Tianjin) will no longer be a subsidiary of these groups, and the remaining 49% equity interest will be accounted for using the equity method.\nIn connection with the transaction, Xinyi Energy anticipates an after-tax gain of approximately RMB161.22 million, while Xinyi Solar expects an after-tax gain of roughly RMB157.34 million. According to the announcement, Xinyi Energy will continue to manage the solar farm until an agreed termination and receive related service fees. Both companies state that the terms of the disposal are fair and in the interests of their respective shareholders.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding,SGX","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1138081394","isCrawlerRequest":true}