Xinyi Energy Updates on Sale of Stake in Xinyi Solar Tianjin

Reuters12-17
<a href="https://laohu8.com/S/03868">Xinyi Energy</a> Updates on Sale of Stake in <a href="https://laohu8.com/S/XNYIF">Xinyi Solar</a> Tianjin

Xinyi Energy Holdings Limited and Xinyi Solar Holdings Limited have provided an update regarding their disposal of equity interest in Xinyi Solar (Tianjin). The companies clarified that the valuation of Xinyi Solar (Tianjin) at RMB1,009 million was commissioned by Tianjin Binhai NE, and that they have not been provided with the valuation report nor the consent to disclose its contents. In determining the consideration for the disposal, the companies relied on their operational knowledge, industry experience, and the net asset value of Xinyi Solar (Tianjin) as of 30 June 2025, which stood at approximately RMB812.27 million to RMB816.15 million. The announcement emphasizes that all parties involved in the transaction are independent third parties.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xinyi Energy Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251217-11958895), on December 17, 2025, and is solely responsible for the information contained therein.
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